News July 2025
Progress for Bally’s New York bid Operator News
Bally’s Corporation’s plans to develop a $4bn casino at the Bally’s Links golf course in the Bronx moved forward with the New York City Council greenlighting a rezoning change by a vote of 32 to 12, due in part to an 11th hour intervention by Mayor Eric Adams. Bally’s wants to build a resort casino at the
Ferry Point golf course site it bought from the Trump Organization in 2023. If it succeeds, it would have to pay $115m to Trump’s company as part of the deal. Tis prompted Bally’s Chairman Soo Kim to comment to the New York Post: “Tey’re saying, ‘If Bally’s wins, Trump benefits.’ Tat’s crazy. Tey’re moving the goalpost. If we don’t get a vote in the City Council, we can’t advance our bid.” Council Member Kristy Marmorato voted
Star on the brink with AU$400m fine Operator News
Australia’s financial crimes watchdog AUSTRAC could push casino operator Star Entertainment close to the brink if it is granted the AU$400m fine it is asking for from the Federal Court. Te Star Sydney saw its licence suspended in 2022 over AML violations but is still allowed to operate. Te proposed fine eclipses the AU$300m rescue package that Bally’s agreed to from Bally’s Corp. During a Federal Court hearing this week,
AUSTRAC’s Simon White SC, said: “If you want to run a casino, you’ve got to put in place very costly and significant systems, processes and controls. Tere was a manifest failure on the part of Star to
Ainsworth comments on historical investigations into CEO Neumann Operator News
Ainsworth Game Technology has acknowledged recent media articles which refer to investigations commenced in 2019 by the Austrian Economic and Corruption Prosecutor’s Office (WKStA) into more than 100 people and their suspected associates, including Ainsworth’s current CEO Harald Neumann and the company’s controlling shareholder Novomatic AG. Ainsworth said the company became aware of
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against the measure, calling it ‘disgraceful.’ “Voting in favour of this sets the precedent that we reward lobbyists and special interest groups when they go around the local representation in local communities,” she said. “I will not stop until this harmful proposal is defeated for good “Tis was never about jobs or fairness,” she
added. “It was about political favours and special interest power plays. We were elected to represent our communities, not to sell them out. Tis fight is not over. Tis project must still go through the ULURP process — and I will use every tool available to oppose it.”
Crown Aspinall rebranded Wynn Mayfair Operator News
Wynn Resorts has now completed its buyout of an exclusive members-only casino in Mayfair, London, confirming that it will be rebranded as Wynn Mayfair. After approval from the UK Gambling Commission, Wynn will now take over the license from Crown Resorts for the former Aspinall’s property situated at 27-28 Curzon Street. Originally known as the White Elephant Club in the 1960s, legendary gaming impresario and animal conservationist John Aspinall introduced a casino to the historic venue frequented by an A-list roster of guests.
for specific and general deterrence purposes. Tose failures were the inevitable result of a corporate culture that prioritised profit over compliance.” Star committed ‘innumerable contraventions’ of AML laws, welcoming custom from 117 high- risk customers, who came with a money laundering risk. Mr White added: “Te Suncity case study
do that and that warrants this court imposing a very high penalty, much higher than $100m. “An oppressive penalty, we accept, is not
appropriate but $400m is not an oppressive penalty in this case. It’s an appropriate penalty
the WKStA investigations in August 2019 at the time of the publication of Austrian media articles and communicated with all gaming regulators to ensure that they were aware of the investigations. Ainsworth stated: “Whilst it is not the
company’s policy to comment on market speculation or media reports, the Ainsworth Board advises that it considered the matter and the Company’s continuous disclosure obligations at that time, and after obtaining legal advice, determined that no ASX announcement was required including because the investigations were insufficiently definite and preliminary in nature
reveals the extent to which management, senior management, abdicated their responsibility. Tere was a deliberate courting of (money- laundering-terrorism-financing) risks and likely contraventions.” "Tey would have the opportunity to gamble
that money, get the returns, wash it, do it again,” Barrister Daniel Tynan told Justice Cameron.
with no factual evidence that would justify the allegations.” Te company added: “Based on information
from WKStA, we are advised that all (except for one) of the investigations involving Mr. Neumann and/or Novomatic AG have been discontinued with the necessary approvals being received from the relevant Austrian regulatory authorities with no findings of wrongdoing... WKStA will finalise its examination on the established facts prior to submitting its proposal to the necessary Austrian regulatory authorities for approval to have this last investigation discontinued.”
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