Tag: SkyCity
SkyCity to Pay $15M Settlement Over Regulatory Breaches in Australian Casino
SkyCity Entertainment Group has reached a settlement requiring it to pay AUD 21 million (about $14.72 million) in relation to compliance breaches at its casino in Adelaide, Australia. The settlement is part of a larger deal with the Commissioner for Liquor and Gambling in South Australia, addressing regulatory concerns for SkyCity’s Adelaide casino in an
SkyCity lowers FY26 earnings outlook amid macro pressure and rising costs
SkyCity Entertainment Group has revised down its FY26 earnings guidance, pointing to weaker consumer demand, ongoing macroeconomic pressure, and higher operating costs across New Zealand and Australia, according to a market update released on May 1. The group now expects underlying EBITDA for FY26 to be between NZ$180 million and NZ$190 million (US$106 million-US$112 million)
Former SkyCity Executives Sued Over AUSTRAC Penalty
Eight former senior executives of SkyCity Entertainment Group are being sued by a shareholder seeking to recover the AU$67 million ($43.56 million USD) penalty the casino operator paid for failing anti-money laundering obligations. SkyCity Execs Sued Over AUSTRAC Fine Stephen Wright, the shareholder pursuing the legal action, has filed an application with the New South
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Worldcoin Price Tumbles After $52.5M Funding Deal—Here’s What Happened
Worldcoin price tumbled nearly 10% after the World Foundation closed a $52.5 million institutional funding round, shifting investor attention from long-term expansion to near-term token supply. While the Pantera Capital led-investment is set to accelerate the rollout of the project’s AI-powered World ID ecosystem, traders reacted to the accompanying WLD token sale and renewed supply
Across
$9.7M Drained Across Ethereum, Solana, TRON, and TON in Triple-A Exploit
Triple-A, a global fiat-to-crypto payment gateway, has become the latest victim of a multimillion-dollar hack. Blockchain security firm Peckshield reports that more than $9.7 million was drained after attackers drained its hot wallets across Ethereum, Solana, TRON, and TON. Here’s how the attack happened. Triple-A Hot Wallets Drained Across Multiple Networks Peckshield reported that the
biggest
Bitcoin’s Nine Biggest Institutional Holders Unite to Fund Network Security
Nine major Bitcoin institutions have now joined forces to protect the infrastructure behind the asset they collectively depend on. Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity Digital Assets, Galaxy and Strategy have launched the Bitcoin Security Consortium with combined funding commitments of $15 million over the next three years. The initiative is being
Secret
The Secret Service is investigating a member of JD Vance’s detail over a suspected news leak
A member of Vice President JD Vance ’s security detail is being investigated over allegations tied to a suspected news leak, the U.S. Secret Service said Thursday. Anthony Guglielmi, a Secret Service spokesperson, said the security-team member faces an internal investigation and potential criminal inquiry over allegations involving compromised “operational and information security.” “While we will not
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Police Union Endorses Clarity Act as Three Crypto Backers Lobby Hits Senate
America’s largest police union, the National Fraternal Order of Police (FOP), and a trio of crypto organizations have openly supported the Digital Asset Market Clarity Act. In a July 24 letter, the FOP’s National President Patrick Yoes attributed the organization’s new stance to the revision of Section 10604 of the Blockchain Regulatory Certainty Act (BRCA).