Victoria | World Casino News

The Star Entertainment Group Limited counting the cost of coronavirus

August 20, 2020

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

In Australia and local casino operator The Star Entertainment Group Limited has reportedly recorded an overall loss of approximately $68.07 million for the twelve months to the end of June due in large part to ...

Crown Melbourne to remain closed for at least another six weeks

Adam Morgan

July 8, 2020

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

In Australia and casino operator Crown Resorts Limited has reportedly been told that it will be forced to keep its flagship Crown Melbourne facility shuttered for at least another six weeks following a local re...

Western Australia’s Crown Perth to re-open its casino from Saturday

Adam Morgan

June 23, 2020

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

In Australia and local casino firm Crown Resorts Limited has reportedly announced that its Crown Perth facility is to begin emerging from its coronavirus-related lockdown on Saturday although its sister Crown M...

Melco Resorts and Entertainment Limited abandons Australian pursuit

Adam Morgan

April 29, 2020

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

Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly sold its entire stake in counterpart Crown Resorts Limited to a subordinate of American private equity firm The Blackstone Group In...

Australian punter suing BetEasy Proprietary Limited for almost $717,000

Adam Morgan

April 3, 2020

Latest Casino and Gambling News, Australia, Gaming Industry News, The Players Lounge, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation

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Australian online sportsbetting firm BetEasy Proprietary Limited is reportedly being sued by a disgruntled customer following its alleged refusal to pay out the full win from a parlay wager. According to a r...

Australian casino operators initiate anti-coronavirus measures

Adam Morgan

March 16, 2020

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

In Australia and casino operators Crown Resorts Limited and The Star Entertainment Group Limited have reportedly instituted several temporary measures that have been designed to combat the spread of the highly-...

Crown Melbourne workers planning two-hour Friday strike

Adam Morgan

October 28, 2019

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Crime, Labor Relations

In Australia, unionized front-line workers at the giant Crown Melbourne facility are reportedly set to walk off the job for two hours on Friday evening amid stalled negotiations with operator Crown Resorts Limi...

Tasmania planning to introduce 15% point-of-consumption gaming tax

Adam Morgan

October 11, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Economy/Finance, Horse Racing, Online Gambling News, Sports betting, Taxation, Taxes

In Australia and the small southern state of Tasmania is reportedly set to introduce a 15% point-of-consumption tax on all net gaming revenues in hopes of bringing in about $3.4 million every year to help run a...

Founder of The Edge horserace betting scheme pleads guilty in Australia

Adam Morgan

October 1, 2019

Latest Casino and Gambling News, Horse Racing, Australia, Sports betting, Crime, Financial Fraud

In Australia and the man behind the former The Edge horserace betting scheme has reportedly pled guilty to two charges associated with allegations that he had defrauded clients out of more than $11.72 million o...

New South Wales regulator launches Crown Resorts Limited investigation

Adam Morgan

August 30, 2019

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

In Australia and the gaming regulator for the eastern state of New South Wales has reportedly launched an investigation into whether local casino operator Crown Resorts Limited may have violated its license con...

Crown Resorts Limited annual financials hurt by drop in VIP revenues

Adam Morgan

August 21, 2019

Latest Casino and Gambling News, Australia, Economy/Finance

Australian casino operator, Crown Resorts Limited, has released its financial results for the twelve months to the end of June showing that its net profit for the period had decreased by 28.1% year-on-year to a...

Melco Resorts and Entertainment Limited’s Australian acquisition facing delays

Adam Morgan

June 4, 2019

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

In Australia and industry sources have reportedly detailed that it could take over a year for Asian casino operator, Melco Resorts and Entertainment Limited, to complete its planned acquisition of a significant...

Australian acquisition for Melco Resorts and Entertainment Limited

Adam Morgan

May 31, 2019

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

Asian casino operator, Melco Resorts and Entertainment Limite, has reportedly announced the signing of a deal worth almost $1.22 billion that is to see it acquire a significant stake in Australian counterpart C...

Crown Resorts Limited divulges takeover talks involvement

Adam Morgan

April 11, 2019

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

Australian casino operator, Crown Resorts Limited, has reportedly revealed that it is holding talks regarding a $7.1 billion deal that could see it sold to American counterpart, Wynn Resorts Limited. Private...

Scientific Games Corporation bringing keno Wave to Australia

Adam Morgan

February 23, 2019

Latest Casino and Gambling News, Australia, Technology, Game manufacturers, Mergers, Acquisitions & Partnerships

American lottery and gaming machines innovator Scientific Games Corporation has announced the signing of an agreement that is to see it upgrade the land-based keno offering of Australian operator Tabcorp Holdin...