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The Law Enforcement Conduct Commission (LECC) in New South Wales, Australia, has made findings of serious misconduct against a police officer who sold gold bullion in excess of $1 million AUD to fund his gambling addiction.
The man had joined the NSW Police Force in 2019, and evidence obtained during private examinations revealed that the officer had issues with gambling both online and in clubs and pubs.
At the time of joining the force, he told the Commission that he didn’t declare this as he didn’t know whether he was required to do so.
According to the LECC, the Commission also found the officer’s attempts to conceal the source of his wealth from a bullion dealer and an online gambling agency amounted to serious misconduct.
Plastic lunchbox containing gold was found during police search
The Chief Commissioner, the Hon Peter Johnson SC said: “A gambling addiction may, apart from resulting in adverse social, financial and family consequences for the individual concerned, lead to criminal behaviour where there is a need for continuing funds to be sourced, lawfully or unlawfully.”
“A gambling addiction poses not only a risk to the individual officer but to the reputation and more importantly, the security of the NSW Police Force.”
“Clearly, it is in the interests of the NSW Police Force to have in place and maintain robust guidelines designed to protect its officers from becoming vulnerable to exploitation through gambling or any other form of addiction.”
It was in December of 2022 when officers of the Commission executed a search warrant at the man’s house, and they were in search of items which included gold bullion and records in relation to its purchase or sale.
During the search, a plastic lunchbox was retrieved from under the house, which consisted of gold ingots of various sizes and gold coins. The Commission officers took possession of the gold.
Featured Image: AI-generated via Ideogram
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Wynn Resorts has released its second-quarter earnings, with operating revenues increasing despite a decrease in net income.
The brand reported operating revenues of $1.74 billion which marks an increase of $4.9 million from $1.73 billion for the second quarter of 2024. Net income, however, was $66.2 million this time around compared to $111.9 million last year.
“Our second quarter results evidenced continued strength across our business and were distinguished by a new second quarter record for Adjusted Property EBITDAR in Las Vegas,” said Craig Billings, CEO of Wynn Resorts, Limited.
“In Macau, while VIP hold negatively impacted results, we generated healthy market share and significant free cash flow, supporting our continued investment in the Macau properties and our dividend program.
“At the same time, we are making progress towards the completion of our Wynn Al Marjan Island project in the UAE, where we are pouring the sixty-first floor of the tower, having finalized key food and beverage partnerships, and agreed to key terms with a number of high-profile retail tenants.
“During the quarter we also continued to focus on the return of capital to shareholders through both a cash dividend and $158 million of stock repurchases.”
Las Vegas operations at Wynn Resorts were up in Q2
Operating revenues from the Las Vegas Operations also saw an increase, as they were $638.6 million for the second quarter of 2025 which is a rise of $10.0 million from $628.7 million for the second quarter of 2024.
The Adjusted Property EBITDAR from the Las Vegas Operations was $234.8 million, compared to $230.3 million for the second quarter of 2024.
Table games win percentage for the second quarter of 2025 was 21.8%, slightly below the property’s expected range of 22% to 26% and below the 21.9% experienced in the second quarter of 2024.
This rise in revenue comes at a time when rumors are circling about Vegas being less busy than usual this summer. According to the Wynn Resorts stats, the brand has bucked this concern as its revenues are on the up.
Featured Image: Credit to Alexander Migl on Wikimedia Commons//CC 4.0 International license
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The Brazilian Institute for Responsible Gaming (IBJR) has added a new operator, A2FBR, to its membership as it aims to strengthen its strategic presence.
With this new addition, the IBJR now has 15 operators under its belt with the institution bringing together betting companies to build an ethical and responsible online betting ecosystem.
Now, A2FBR has entered as a member and it’ll actively contribute to promoting a safe and transparent environment as it’ll align with the responsible gaming principles that guide the Institute’s work.
“We are excited to welcome A2FBR to IBJR. The operator’s arrival represents a major step forward, demonstrating the maturity of the sector and reaffirming the company’s commitment to regulation and to firmly combating the illegal betting market, which harms both the industry and society.
“Together, we remain committed to strengthening responsible gaming in the market, with a focus on protecting bettors,” says Fernando Vieira, Executive President of IBJR.
A2FBR becomes latest member of IBJR
The new member is specialized in iGaming and offers sports betting and online gaming too. It has two federal licenses to operate in Brazil and has a portfolio of six brands. A2FBR own Betbra, Fullbet, Bolsadeaposta, Pinnacle, Betespecial, and Matchbook.
The following companies are all members of the IBJR: A2FBR, Alfa, bet365, BetBoom, BetMGM, Betnacional, Betsson Group, Entain (Sportingbet and Betboo), EstrelaBet, Flutter Brazil (Betfair), Kaizen Gaming (Betano), KTO Group, Novibet, Skill on Net (Bacana Play and PlayUzu), and Todos Querem Jogar (Bet do Milhão), along with associated members: OKTO, Better Collective, Clever Advertising, OneKey Payments, and GeoComply.
Founded in 2023, the organization is based on both combating the illegal market and promoting responsible gaming. It was just last month when the IBJR and the National Association of Games and Lotteries (ANJL) joined forces to develop joint actions against the illegal betting market in Brazil.
The initiative will include joint actions to combat the illegal betting market in Brazil, in favor of legality, sector integrity, and player protection.
Featured Image: Credit to IBJR press release
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