Iris Capital Moves to Acquire Reef Casino Trust in $130M Takeover Bid

Vanja Mitic
Casino Sales, Casino Destinations, Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Oceania Casino News, Mergers, Acquisitions & Partnerships
In a bold move to expand its footprint in the Australian casino and hospitality sector, Iris Capital, led by Sam Arnaout, has proposed a significant acquisition of the Reef Casino Trust. This initiative is part...

Ville Casino charged by Australian regulator for tempting players with unauthorized junkets; Reef casino fined $10,000 in separate investigation

Marija Malenovic
Gaming Law & Legislation, Australia, Latest Casino and Gambling News, Casino News, World Casino News, Casino Cheating, New Hotels, Gaming Industry News, Online Gambling News, Conspiracy, Oceania Casino News, Crime, Fines, Lawsuits & Litigation
The Ville Casino in Townsville, north Queensland, will face hefty fines from the Office of Liquor and Gaming Regulations (OLGR), known as Australia’s liquor and gambling regulator, for allegedly "using unapprov...