Close Menu
The LinkxThe Linkx
  • Home
  • Technology
    • Gadgets
    • IoT
    • Mobile
    • Nanotechnology
    • Green Technology
  • Trending
  • Advertising
  • Social Media
    • Branding
    • Email Marketing
    • Video Marketing
  • Shop

Subscribe to Updates

Get the latest tech news from thelinkx.com about tech, gadgets and trendings.

Please enable JavaScript in your browser to complete this form.
Loading
What's Hot

This Phone Will Auto Shut Display If Someone Peeking Your Phone Displa…

October 15, 2025

Mark Carney could make it easier for us to buy EVs if he wanted. Right…

October 15, 2025

The Sky’s No Longer the Limit

October 15, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Pinterest Vimeo
The LinkxThe Linkx
  • Home
  • Technology
    • Gadgets
    • IoT
    • Mobile
    • Nanotechnology
    • Green Technology
  • Trending
  • Advertising
  • Social Media
    • Branding
    • Email Marketing
    • Video Marketing
  • Shop
The LinkxThe Linkx
Home»Technology»Star gets another lifeline as government delays $1000 gambling limit
Technology

Star gets another lifeline as government delays $1000 gambling limit

Editor-In-ChiefBy Editor-In-ChiefAugust 6, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Star gets another lifeline as government delays 00 gambling limit
Share
Facebook Twitter LinkedIn Pinterest Email


Star gets another lifeline as government delays 00 gambling limit

As the Star Entertainment group struggles financially, the New South Wales government in Australia has extended a small lifeline. Rather than introduce its $1000 AUD ($650.49) gaming limit on August 19, it will instead postpone it until August 19, 2027. This will maintain the $5000 limit currently in place and act as some relief for the floundering casino.

It came together after Star and Crown Sydney wrote to officials requesting the delay. According to reports, Star needed the delay to refit its machines to match the incoming limitation. With two years on the clock, it can now tend to its 1,500 machines.

At the moment, Star is currently on yet another lifeline. American casino company Bally’s has issued a AUD 300 million ($195,192,000) lifeboat to the Australian operator, in a bid to keep its doors open. This is after an AUD 940 million ($611 million) fell through. In recent weeks, staff have begun to strike as their union pushes for a 6% pay rise.

The Sydney-based casino resort posted a loss of AUD 27 million ($17,567,819.92) and saw a 22% year-on-year decline in overall business.

However, it’s not entirely secure. The current ruling can be revoked whenever the New South Wales government likes it, essentially. If things pick up (or get worse) for The Star, it could find that the delay reduction could be snapped away.

NSW government extends small lifeline to Star

As reported by Inside Asian Gaming, and originally in the Australian Financial Review, a spokesperson said:

“The government has now determined to continue this transitional arrangement … for another two years. The continuation of this arrangement was approved in recognition of several factors, including the effectiveness of other financial crime measures … along with concerns by casino operators about potential employment impacts.”

While the $5000 limit will surely help, The Star’s various business failings might mean it’s not enough to fend off the financial woes looming over the company.

The post Star gets another lifeline as government delays $1000 gambling limit appeared first on ReadWrite.



Source link

delays Gambling Government lifeline limit Star
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleNow What? How to Ride the Tsunami of Change – Available Now!
Next Article 6-Axis Motorized Platform: Precision and Speed Unleashed
Editor-In-Chief
  • Website

Related Posts

IoT

The Sky’s No Longer the Limit

October 15, 2025
Technology

Apple doesn't include a charger in the box with the new M5 MacBoo…

October 15, 2025
Technology

Want to Watch a Podcast? Netflix and Spotify Partner to Bring Video Po…

October 14, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

100+ TikTok Statistics Updated for December 2024

December 4, 202487 Views

How to Fix Cant Sign in Apple Account, Verification Code Not Received …

February 11, 202566 Views

Cisco Automation Developer Days 2025

February 10, 202522 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest Reviews

Subscribe to Updates

Get the latest tech news from thelinkx.com about tech, gadgets and trendings.

Please enable JavaScript in your browser to complete this form.
Loading
About Us

Welcome to TheLinkX – your trusted source for everything tech and gadgets! We’re passionate about exploring the latest innovations, diving deep into emerging trends, and helping you find the best tech products to suit your needs. Our mission is simple: to make technology accessible, engaging, and inspiring for everyone, from tech enthusiasts to casual users.

Our Picks

This Phone Will Auto Shut Display If Someone Peeking Your Phone Displa…

October 15, 2025

Mark Carney could make it easier for us to buy EVs if he wanted. Right…

October 15, 2025

The Sky’s No Longer the Limit

October 15, 2025

Subscribe to Updates

Get the latest tech news from thelinkx.com about tech, gadgets and trendings.

Please enable JavaScript in your browser to complete this form.
Loading
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Thelinkx.All Rights Reserved Designed by Prince Ayaan

Type above and press Enter to search. Press Esc to cancel.