Are you using credit cards like a pokies addict? – The Sydney Morning Herald

According to ASIC’s MoneySmart site, Australians collectively owe about $33 billion on credit cards and The Victorian Responsible Gambling Foundation figures suggest between 2015 – 2016 Australias electronic gaming machine expenditure reached $12.1 billion. A key indicator youre in over your head with pokies or credit cards is dishonesty. Addicts will go to great lengths…

William Hill slashes value of Tom Waterhouse-led Australian business – The Sydney Morning Herald

Its Australian business, whose chief executive is high-profile bookmaker Mr Waterhouse, has been placed under a “strategic review” and is now up for sale. Industry sources confirmed multiple bookmakers had done due diligence on William Hill Australia in recent weeks, and said a deal could be sealed imminently. Unlike many of Australia’s other prominent online bookmakers, who…

Spitting chips: Sydney casino LOSES cheques worth $7m after Chinese high roller fails to pay huge gambling debt – Daily Mail

By Stephen Gibbs for Daily Mail Australia Published: 17:09 AEDT, 22 February 2018 | Updated: 21:42 AEDT, 22 February 2018 e-mail 24 View comments Sydney’s Star casino lost or destroyed two cheques totaling $7million it was given as security by a high-rolling Chinese gambler. The casino admitted in the New South Wales Supreme Court the…