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James Packer agrees deal to retain his large stake in Crown Resorts Limited

April 16, 2021

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

Following months of negotiations and billionaire businessman James Packer (pictured) has reportedly agreed a deal that will allow him to retain his around 37% stake in beleaguered Australian casino operator Cro...

New conditions inserted into proposed Crown Resorts Limited takeover

Adam Morgan

April 14, 2021

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

American private equity management firm The Blackstone Group Incorporated has reportedly inserted a number of new conditions into its proposed $6.2 billion takeover offer for Australian casino operator Crown Re...

SkyCity Entertainment Group Limited to permanently shun junket firms

Adam Morgan

April 13, 2021

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, New Zealand, Money Laundering, Employment & Careers, Mergers, Acquisitions & Partnerships, Crime

In New Zealand and casino operator SkyCity Entertainment Group Limited has reportedly announced that it is to permanently cease using junket firms to attract high-value foreign gamblers to its four properties. ...

Western Australia probe into Crown Resorts Limited commences

Adam Morgan

April 12, 2021

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

In Western Australia and the royal commission investigating whether casino operator Crown Resorts Limited is suitability to hold a gambling license for its Crown Perth venue has reportedly begun hearing introdu...

Big Time Gaming Proprietary Limited acquisition for Evolution Gaming Group AB

Adam Morgan

April 12, 2021

Sweden, Online gaming software, Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

Swedish iGaming innovator Evolution Gaming Group AB has announced the signing of an agreement worth approximately $536 million that is destined to see it purchase smaller Australian rival Big Time Gaming Propri...

Yggdrasil Gaming Limited heralds the debut of new Thor Infinity Reels video slot

Adam Morgan

April 2, 2021

Online gaming software, Latest Casino and Gambling News, Australia, Newest casino games, Gaming Industry News, Mobile gaming, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Malta

Only a week after premiering its Easter Island 2 video slot and Maltese online casino games developer Yggdrasil Gaming Limited has now returned to announce the launch of the three-reel Thor Infinity Reels innov...

Tabcorp Holdings Limited rebuffs Entain takeover proposal

Adam Morgan

March 29, 2021

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

Australian sportsbetting firm Tabcorp Holdings Limited has reportedly rejected an around $2.3 billion offer that was to have seen its wagering and media division become a part of prominent land-based and online...

Australian iGaming regulator continuing to fight against unlicensed domains

Adam Morgan

March 29, 2021

Online Blacklist, Online gaming software, Latest Casino and Gambling News, Australia, Online gambling regulation, Gaming Industry News, The Players Lounge, Unlicensed Operation, Online Gambling News, Crime, Licensing

In Australia and the nation’s media and communications watchdog is reportedly struggling to shut down access to iGaming sites that may be attempting to offer their services to local punters without a license. ...

New South Wales casino regulator may soon revisit Crown Sydney license

Adam Morgan

March 24, 2021

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Casino project updates, Licenses, Mergers, Acquisitions & Partnerships

In Australia and the Chairman for the New South Wales Independent Liquor and Gaming Authority has reportedly stated that he expects to grant the new Crown Sydney development a state casino license in ‘months, n...

New Zealand beats gambling spend records in 2020 despite the effect of the pandemic

Sadonna Price

March 23, 2021

Latest Casino and Gambling News, New Zealand, Economy/Finance

Last year was a rough one for gambling industries around the globe. With the onset of the COVID-19 pandemic, casinos were shutting down for months at a time and bringing in zero revenues. However, for gambling ...

The Blackstone Group Incorporated floats Crown Resorts Limited takeover proposal

Adam Morgan

March 22, 2021

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

American private equity management firm The Blackstone Group Incorporated has reportedly lodged a $6.2 billion offer that could see it take over Australian casino operator Crown Resorts Limited. According to...

Fox Corporation pondering possible Australian sportsbetting market entry

Adam Morgan

March 18, 2021

Latest Casino and Gambling News, U.S.A., Australia, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

American media conglomerate Fox Corporation is reportedly considering whether to get involved in the Australian sportsbetting market by purchasing a portion of local land-based sportsbook operator Tabcorp Holdi...

Greentube premieres new business-to-business social online casino solution

Adam Morgan

March 18, 2021

Austria, Online gaming software, Latest Casino and Gambling News, Australia, Casino News, New Hotels, Gaming Industry News, Casino project updates, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships

Only a few days after inking a deal to buy rival Dutch firm Eurocoin Interactive and Austrian iGaming innovator Greentube has now returned to announce the launch of its latest business-to-business social online...

Crown Resorts Limited to temporarily cease making political contributions

Adam Morgan

March 16, 2021

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

Australian casino operator Crown Resorts Limited has reportedly announced that it is to immediately cease making political contributions as it prepares to undergo license suitability investigations in the state...

Imperial Pacific International Holdings Limited facing Friday receivership deadline

Adam Morgan

March 9, 2021

Latest Casino and Gambling News, U.S.A., Casino News, Casino closures, Gaming Industry News, Economy/Finance, Saipan, Licenses, Bankruptcy, Fines, Lawsuits & Litigation

In the Commonwealth of the Northern Mariana Islands and beleaguered casino operator Imperial Pacific International Holdings Limited has reportedly been told that it will be placed into receivership if it does n...