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Shane Warne Charity to be Audited

Sunday January 24,2016 : CRICKET AND POKER AMBASSADOR WARNE'S CHARITY TO BE AUDITED
 
Newly appointed chief exec resigns and charity poker tournament cancelled.
 
Over the weekend the Sydney Morning Herald reported that the consumer watchdog for the Australian province of Victoria has ordered an independent audit of the Shane Warne Foundation following reports of inconsistent accounting and administration practices at the organisation, which assists ill or disadvantaged children.
 
Forty-six-year-old Warne, an Australian cricketing legend and erstwhile online poker ambassador for 888Poker, has advised reporters that the Foundation's board has not yet reached a decision on the charity's future.
 
The newspaper reported that inconsistencies were raised regarding the Foundation's financials last year and that there are concerns at the charity's "inconsistent" accounting practices and administration.
 
News of the audit follows the resignation of a newly-appointed chief executive, Emma Coleman, along with one of the charity's ambassadors, reality television star Lydia Schiavello.
 
A major charity poker tournament - the Joe Hachem and Shane Warne Poker Tournament - has also been cancelled.
 
Australian newspaper reports claim that Warne had to defend the Foundation last year against claims that it attempted to prevent the release of documents showing that it donated just 16 cents of every dollar raised.
 
Back then Warne commented that the Foundation had always operated correctly, but that "...in the last few years there have been some problems with financial numbers for the events we have been running. It was not done through malice or incompetence."

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Gambling News :

GVC In Content Deal With Microgaming’s Quickfire - Microgaming-powered Prima Networks Limited will supply over 50 new titles to GVC’s recently acquired bwin Casino, PartyCasino and Party Poker gaming sites within the coming weeks.

Opap in memorandum of understanding With Inspired - Virtual sports provider Inspired has entered into a memorandum of understanding (MOU) with Greek betting and lottery operator OPAP for the supply of its full suite of virtual sports, for integration online and across OPAP's retail network.

DeltaCorp To Acquire ace2three - Our readers will recall Delta Corp. acquired a 26 percent stake in Gaussian Networks, parent company of India’s largest online poker operator Adda52 earlier this month

More Australian POC Taxes - In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned “global rivals” of his belief that other Australian states are moving fast to follow South Australia’s lead in implementing a point of consumption tax.

William Hill Exits Russia - "Starting from September 23 William Hill Casino Club will terminate its activities in the Russian territory for legislatory reasons. All active customer accounts will be suspended," the advisory reportedly detailed.

Pennsylvania Online Gambling Hearing Postponed till October - HR 2150, which includes DFS and e-gaming elements, was passed as part of the critical state budget bill by the House in June this year, with lawmakers expecting the bill to contribute $100 million annually in licensing and fees to help balance the state budget.

Two Mega Fortune Dreams Jackpots Hit - Both Swedish players, the first lucky punter hit a GBP 100,000 jackpot playing on his mobile phone, while the second, identified as Martin, staked just 18p before netting a GBP 60,000 jackpot on the popular series thinking he was playing in demo-mode.

ASA Looking at Ladbrokes and Netbet ads - A TV ad for Cosmo Gaming’s NetBet online casino was determined by the UK Advertising Standards Authority (ASA) as glamorising online gambling following a single complaint.

Betconstruct In Deal With Realistic Games - BetConstruct has agreed a deal in which it will integrate a range of Realistic Games online table and slot content including blackjack, roulette and slot titles Super Graphics Upside Down, The Fruit Factory and Fireworks.

XLMedia Half 1 2016 Earnings Report - Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, delivered robust interim results for the first half of 2016, attributing its success to investment in technology.

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