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GGWP Academy to launch eSports education platform

Niji Narayan

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GGWP Academy to launch eSports education platform
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Australian startup company, GGWP Academy, is going to launch an esports education platform in June 2019.

GGWP founder Jacqueline Garrett was the chief mover behind the plan. The idea stuck her when she tried, in vain, to offer better esports training to her gaming champion son. Garrett quickly discovered that there really is no easy way to teach someone how to be an influencer or prepare for life as an esports star. That’s when GGWP was born.

Garrett and the team at GGWP Academy believe that a more professional and structured approach to education within the esports and gaming community will lead to better opportunities and further growth in the industry.

GGWP Academy promises to offer free education to develop the influencer market further, facilitate partnerships between brands and gamers, and software to help identify the best players to promote particular brands.

Garrett believes GGWP can make a difference internationally. “Right now, we’re very much focused on providing the best value and learning experience possible for our users while also raising seed capital so we can bring this product to as many gamers possible, globally,” Garrett said. “We’re very excited to be the first to market in this space and to announce the partnerships we’re currently locking down.”

For more information and to get early access, check out their website

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Australia

Tabcorp Revenue Declines 5.7% During Three Months to September 2020

Niji Narayan

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Tabcorp Revenue Declines 5.7% During Three Months to September 2020
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Australia’s Tabcorp has reported a 5.7% decline in revenue for the three months to September 2020.

The trading update formed part of an investor presentation at the company’s AGM, with Managing Director and CEO David Attenborough revealing the slight 5.7% decline was mainly felt in its Gaming Services segment which fell 55.2% on the closure of licensed venues. Lotteries and Keno revenue was down 6.9% year-on-year with Wagering and Media down 2.9%.

“The duration and severity of COVID-19 is unclear, however Tabcorp remains well placed with our resilient, diversified earnings base and strengthened balance sheet,” Attenborough said.

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Australia

AUSTRAC Launches Formal Investigation into Crown Melbourne Over AML Concerns

Niji Narayan

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AUSTRAC Launches Formal Investigation into Crown Melbourne Over AML Concerns
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AUSTRAC, Australia’s financial crime watchdog, has launched a formal investigation into potential infringements of the country’s anti-money laundering laws by Crown Resorts.

In a Monday morning filing with the Australian Securities Exchange, Crown revealed that it had been informed of the investigation by AUSTRAC after the authority’s Regulatory Operations branch identified potential non-compliance by Crown Melbourne of the Anti-Money Laundering and Counter Terrorism Financing Act 2006 and the Anti-Money Laundering and Counter Terrorism Financing Rules 2007.

The potential non-compliance relates to “ongoing customer due diligence, and adopting, maintain and complying with an anti-money laundering/counter terrorism financing program,” Crown said.

It added that the concerns were identified “in the course of a compliance assessment that commenced in September 2019 and focused on Crown Melbourne’s management of customers identified as high risk and politically exposed persons.”

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Australia

ACMA Moves to Block Two More Illegal Gambling Websites

Niji Narayan

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ACMA Moves to Block Two More Illegal Gambling Websites
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The Australian Communications and Media Authority (ACMA) is set to request the Australian internet service providers (ISPs) to block two more illegal offshore gambling websites.

The sites to be blocked are Dinkum Pokies and Fortune Clock Casino. Following numerous complaints about these services, including complaints about withholding winnings and poor player treatment, ACMA undertook investigations that found them to be operating in breach of the Interactive Gambling Act 2001.

Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 150 illegal gambling websites have been blocked.

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