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The House Doesn't Always Win, Jennifer Owen
The House Doesn't Always Win, Jennifer Owen
International Conference on Gambling & Risk Taking
In June 2015, fourteen South Korean casino executives were arrested on charges of soliciting Chinese players to gamble in their casinos. This single event foreshadowed a seismic change in the Australian casino market that few would have anticipated. The events which unfolded led to the two largest casino operators in Australia being found unsuitable to operate their casinos, and unable to hold their licenses. Collectively, these two casino groups reported revenues of $5.0bn in 2019, accounting for 92% of the total Australian casino market.
Both are now operating under various forms of special supervision until it can be demonstrated that …