Tagged melbourne

More time for Western Australia’s licensing probe into Crown Resorts Limited

July 26, 2021

Casino News, Latest Casino and Gambling News, Australia, Gaming Industry News, Licenses, Crime, Fines, Lawsuits & Litigation

In the Australian state of Western Australia and the royal commission investigating the license suitability of casino operator Crown Resorts Limited has reportedly been granted an almost four-month extension to...

The Star Entertainment Group Limited cancels Crown Resorts Limited takeover offer

Adam Morgan

July 23, 2021

Australia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Money Laundering, Licenses, Mergers, Acquisitions & Partnerships, Crime

In Australia and The Star Entertainment Group Limited has reportedly withdrawn the offer that was to have seen it purchase rival casino operator Crown Resorts Limited owing to uncertainty regarding the safety o...

Australia’s SkyCity Adelaide property temporarily closed due to coronavirus

Adam Morgan

July 20, 2021

Australia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino closures, Economy/Finance

In Australia and casino operator SkyCity Entertainment Group Limited has reportedly announced that its SkyCity Adelaide property has been temporarily shuttered owing to a local outbreak of the coronavirus pande...

Victoria casino regulator hit by parliamentary criticism for a dearth of inspectors

Adam Morgan

July 7, 2021

Australia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Licenses, Crime, Fines, Lawsuits & Litigation

In the southern Australian state of Victoria and a parliamentary committee has reportedly been told that the last three years have seen the number of official gaming inspectors employed by the jurisdiction decl...

Pessimistic annual earnings prediction from Crown Resorts Limited

Adam Morgan

July 5, 2021

Australia, Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino closures, Economy/Finance, Licenses, Fines, Lawsuits & Litigation

In Australia and casino operator Crown Resorts Limited has announced that it expects to record a loss for the twelve months to the end of last June of up to $188 million to take its historical net debt to as hi...

Tabcorp Holdings Limited to spin off lotteries and keno business

Adam Morgan

July 5, 2021

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

Following the completion of a strategic review of its business and Australian bookmaker Tabcorp Holdings Limited has reportedly announced that it will be spinning off its lucrative lotteries and keno arm into a...

Australian financial crime watchdog expands anti-money laundering probe

Adam Morgan

June 7, 2021

Latest Casino and Gambling News, Australia, Gaming Law & Legislation, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Crime, Fines, Lawsuits & Litigation

A few weeks after launching an investigation into Crown Resorts Limited and the Australian Transaction Reports and Analysis Centre (AusTRAC) regulator has now reportedly announced that it is widening this probe...

Crown Resorts Limited makes last-minute responsible gambling pledge

Adam Morgan

June 1, 2021

Australia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Fines, Lawsuits & Litigation

In Australia and casino operator Crown Resorts Limited has reportedly told the royal commission investigating its license suitability in the state of Victoria that it will be extensively overhauling its respons...

Crown Resorts Limited facing money laundering probe in Victoria

Adam Morgan

May 25, 2021

Australia, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Crime, Fines, Lawsuits & Litigation

In the southern Australian state of Victoria and the royal commission investigating the license suitability of casino operator Crown Resorts Limited has reportedly heard damning evidence regarding the firm’s st...

Crown Resorts Limited rebuffs $6.6 billion takeover approach

Adam Morgan

May 17, 2021

Australia, Latest Casino and Gambling News, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime

In Australia and casino operator Crown Resorts Limited has reportedly rejected a takeover bid from American private equity management behemoth The Blackstone Group Incorporated widely believed to be worth in th...

Sportradar AG inks deal to acquire cricket data doyen InteractSport

Adam Morgan

May 11, 2021

Latest Casino and Gambling News, Australia, Gaming Industry News, Technology, European Casino News, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

Sports data intelligence specialist Sportradar AG has announced the signing of a ‘definitive agreement’ that is to see it acquire prominent cricket data and content provider InteractSport. The Swiss firm use...

The Star Entertainment Group Limited eyeing Crown Resorts Limited merger

Adam Morgan

May 10, 2021

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

In Australia and The Star Entertainment Group Limited has reportedly floated a non-binding proposal that could see it merge with rival casino operator Crown Resorts Limited to create an entity that would run se...

Genius Sports Group Limited buying free-play games innovator

Adam Morgan

May 5, 2021

MLS, Australia, NFL, Latest Casino and Gambling News, MLB, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

British digital sports content, technology and integrity services provider Genius Sports Group Limited has announced the signing of a deal that is to see it purchase Australian free-play games innovator FanHub ...

Entain increases Tabcorp Holdings Limited bid to just over $2.7 billion

Adam Morgan

April 27, 2021

Australia, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

British land-based and online sportsbook operator Entain has reportedly lodged an improved bid worth slightly in excess of $2.7 billion for the wagering and media business of Australian bookmaker Tabcorp Holdin...

Crown Resorts Limited fined by Victoria casino regulator

Adam Morgan

April 27, 2021

Australia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation

In Australia and local land-based casino operator Crown Resorts Limited has reportedly been hit with a fine of just over $777,400 for having failed to sufficiently vet foreign high-rollers at its Crown Melbourn...