Tabcorp Holdings Limited found guilty of publishing illegal inducements Adam Morgan Latest Casino and Gambling NewsAustraliaOnline Gambling NewsSports betting December 20, 2016 0After last week saw its planned $4.4 billion deal to purchase local lottery operator Tatts Group jeopardized following the emergence...
Australian Senator calls for official inquiry into “pokie” machines Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationAustralia December 19, 2016 0In Australia, federal Senator and long-time gambling antagonist Nick Xenophon has reportedly announced that 2017 is set to be a...
Second new tower approved for Jupiters Hotel And Casino Gold Coast Adam Morgan Latest Casino and Gambling NewsAustraliaNew HotelsCasino project updates December 16, 2016 0In Australia, casino operator The Star Entertainment Group Limited has announced that it has received official government approval to build...
Pacific Consortium tables rival offer to purchase Tatts Group Adam Morgan Latest Casino and Gambling NewsAustraliaLotteryMergers, Acquisitions & Partnerships December 15, 2016 0In Australia, a consortium that includes multi-national private equity group KKR And Company and global investment banking firm Macquarie Group...
Crown Resorts to abandon Alon Las Vegas and dispose more of its stake in Macau casinos Renee Kingsley Latest Casino and Gambling NewsLas VegasAustraliaCasino expansion projectsChinaEconomy/FinanceMacau December 15, 2016 0Crown Resorts is shuffling the deck. The Australian gambling giant had planned a demerger of its international assets and also...
Macau’s Casino stocks decline after China announces 50 percent reduction on ATM withdrawals: Updated Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationChinaEconomy/FinanceMacau December 9, 2016 0Macau casino stocks took a hit after it was announced that Macau’s Monetary Authority (MMA) would impose restrictions on UnionPay...
Crown Resorts Limited delays international break-up plan Adam Morgan Latest Casino and Gambling NewsAustraliaEconomy/FinanceMergers, Acquisitions & Partnerships December 1, 2016 0The previously announced plan from Crown Resorts Limited that was to see the Australian casino operator cleave off major parts...
Crown taps outside legal in exposure assessment on Chinese charges Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationAustraliaChinaEconomy/FinanceUnlicensed Operation November 26, 2016 0James Packer’s Crown Resorts has reportedly deployed a host of high-powered in-house and outside legal advisers and counsel to help...
Arrested Crown Resorts Limited employees meet with Australian officials Adam Morgan Latest Casino and Gambling NewsChinaGaming Industry NewsCrime November 24, 2016 0The three Australian employees of Crown Resorts Limited detained by Chinese police last month before being formally arrested earlier this...
Ainsworth Game Technology Limited warns of decreased annual profit Adam Morgan Latest Casino and Gambling NewsAustraliaEconomy/Finance November 21, 2016 0Australian slot manufacturer Ainsworth Game Technology Limited has warned investors that its pre-tax annual profit could fall to around $11...
Crown Resorts Limited employees officially charged in China Adam Morgan Latest Casino and Gambling NewsChinaGaming Industry NewsCrime November 21, 2016 0The 18 employees of Crown Resorts Limited arrested in China last month have now been officially charged with “gambling crimes”...
Crown’s Barangaroo casino project threatened by Millers Point Fund lawsuit Renee Kingsley Latest Casino and Gambling NewsAustraliaCasino project updatesFines, Lawsuits & Litigation November 12, 2016 0The Barangaroo casino project in New South Wales (NSW) has been hit with a number of delays ever since Crown...
Silver Heritage Group Limited warns of deficits in annual predictions Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceAsian Casino News November 1, 2016 0After undergoing a $18.8 million initial public offering in August, Asian casino operator Silver Heritage Group Limited has announced that...
Melbourne Cup organizers tread carefully in China after Crown crisis Kim M Latest Casino and Gambling NewsHorse RacingChina October 31, 2016 0Organizers of the Melbourne Cup, the Victoria Racing Club, are treading lightly as they prepare the first big marketing push...
February soft launch for Nepal’s Tiger Palace Resort Adam Morgan Latest Casino and Gambling NewsCasino project updatesIndiaNepal October 24, 2016 2After July saw it launch an initial public offering that raised approximately $18.8 million to help fund future projects, Asian...