Crownbet | World Casino News

The Stars Group Incorporated completes Sky Betting and Gaming purchase

July 11, 2018

Latest Casino and Gambling News, Canada, Online Gambling News, Mergers, Acquisitions & Partnerships

The Stars Group Incorporated is now the world’s largest publicly-listed online gaming operator after yesterday saw it complete the previously-announced $4.7 billion deal to purchase British rival Sky Betting an...

The Stars Group Incorporated raises $622 million to fund purchase

Adam Morgan

June 28, 2018

Latest Casino and Gambling News, Canada, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

In its quest to acquire British rival Sky Betting and Gaming from current owners, CVC Capital Partners and Sky, Canadian online casino operator, The Stars Group Incorporated, has announced that it has raised ap...

The Stars Group replaces Crown as the majority shareholder in CrownBet

K Morrison

March 2, 2018

Latest Casino and Gambling News, Canada, Online Poker, Poker, Mergers, Acquisitions & Partnerships

Toronto-based gaming and online gambling company, The Stars Group (Nasdaq: TSG; TSX: TSGI), recently announced that it has acquired a 62 percent majority stake in CrownBet Holdings Pty Limited for approximately...

Crown Resorts Limited six-month financials buoyed by VIP play

Adam Morgan

February 23, 2018

Australia, Latest Casino and Gambling News, Economy/Finance, Sports betting, Mergers, Acquisitions & Partnerships

In Australia, domestic casino operator Crown Resorts Limited has released its financial results for the six months to the end of December showing that it posted a 1.4% increase year-on-year in overall revenues ...

Crown Resorts Limited completes sale of Alon Las Vegas site

Adam Morgan

January 31, 2018

Las Vegas, Latest Casino and Gambling News, Casino News, Casino project updates, Mergers, Acquisitions & Partnerships

After late-2016 saw Crown Resorts Limited abandon its plan to build the $2 billion Alon Las Vegas integrated casino resort, the Australian firm has now reportedly completed the sale of the Nevada development’s ...

Crown to sell CrownBet to shareholders for $150m

Lars Jones

December 29, 2017

Austria, Latest Casino and Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

In a continuation of their current course of selling off assets, Australia's Crown Resorts has reportedly offered up their majority stake in one of the country's largest sports betting operations to shareholder...

Exemptions in Australian gambling advertising draft codes draw criticism

Adam Morgan

December 21, 2017

Latest Casino and Gambling News, Australia, Gaming Industry News, Sports betting

In Australia, advocates of instituting a proposed ‘siren-to-siren’ federal ban on the transmission of betting advertisements during live sporting matches have reportedly criticized some of the nation’s leading ...

Final stretch for Tatts Group Limited and Tabcorp Holdings Limited merger

Adam Morgan

December 14, 2017

Latest Casino and Gambling News, Australia, Sports betting, Mergers, Acquisitions & Partnerships

In Australia, the proposed $8.3 billion merger of bookmaker Tatts Group Limited with sportsbetting giant Tabcorp Holdings Limited has reportedly received another large boost after being approved by the Supreme ...

Big boost for Tatts Group Limited merger with Tabcorp Holdings Limited

Adam Morgan

November 30, 2017

Australia, Latest Casino and Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

In Australia, the proposed $8.3 billion mega-merger of bookmaker Tatts Group Limited (TTS.AX) with Horse-race betting giant Tabcorp Holdings Limited (TAH.AX) could now reportedly be completed before Christmas a...

Packer’s Crown to enter online Australian lottery market sideways

Lars Jones

August 30, 2017

Australia, Latest Casino and Gambling News, Mobile gaming, Lottery, Sports betting, Online Gambling News

Crown Resorts' online sports betting arm, CrownBet will begin offering punters a chance to bet on the results of the lottery, just as if it were a sporting event, rather than purchase actual tickets. CrownLotto...

CrownBet seeks expidited approval for Clubs NSW deal

Alex Lanter

May 29, 2017

Latest Casino and Gambling News, Australia, Mergers, Acquisitions & Partnerships

Australian casino operator Crown Resorts Limited recently announced that it plans to ask the Supreme Court of New South Wales (NSW) to expedite approval of their betting partnership deal with Clubs NSW, local r...

Clubs NSW agrees ten-year CrownBet deal in New South Wales

Adam Morgan

February 7, 2017

Australia, Latest Casino and Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

In Australia, casino operator Crown Resorts Limited has announced that its CrownBet online sportsbetting service has signed a ten-year deal to serve as the official betting partner for Clubs NSW. Sydney-list...

Tabcorp Holdings Limited found guilty of publishing illegal inducements

Adam Morgan

December 20, 2016

Latest Casino and Gambling News, Australia, Online Gambling News, Sports betting

After last week saw its planned $4.4 billion deal to purchase local lottery operator Tatts Group jeopardized following the emergence of a rival bid, Australian sportsbetting operator Tabcorp Holdings Limited ha...

Crown Resorts placed on Rating Watch Negative

Adam Morgan

June 20, 2016

Australia, Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships

Australian casino operator Crown Resorts has been placed on Rating Watch Negative by credit ratings agency Fitch Ratings after it announced plans to de-merger some of its international assets. Melbourne-base...

Australian PM orders review of 2001 online gaming law

K Morrison

September 2, 2015

Australia, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Mobile gaming, Sports betting, Online Gambling News, Licensing

A review of the 2001 Interactive Gambling Act (IGA) by Social Services Minister Scott Morrison was ordered by Australian Prime Minister Tony Abbot on Tuesday, as reported by The Australian. Potentially leading ...