Oceania Casino News

PointsBet Agrees to Sell Its US Business to Fanatics Betting and Gaming For $225 Million

Radosav Milutinovic
Casino Sales, Casino News, Latest Casino and Gambling News, U.S.A., Australia, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting, Oceania Casino News, Mergers, Acquisitions & Partnerships
After lengthy negotiations, PointsBet sold its US wagering business to Fanatics for $225 million, as New York Post (NYP) reports. The sale came in the photo-finish of the bidding war between the Fanatics and Dr...

Star Wins NSW Tax Deferral and Loses Charter Hall From the Brisbane Deal

Radosav Milutinovic
Casino Sales, Casino Destinations, Australia, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Poker Law, World Casino News, New Hotels, Gaming Industry News, Money Laundering, Economy/Finance, Poker, Online Gambling News, Tax Evasion, Taxation, Oceania Casino News, Fines, Lawsuits & Litigation
The New South Wales (NSW) Government has postponed the announced tax increase on gaming revenue for the Star Entertainment's Sydney casino less than a fortnight before the start of the new tax rate implementati...

PointsBet Proceeds With $195 Million US Operations Sale With DraftKings

Radosav Milutinovic
U.S.A., Australia, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Licensed online casinos in USA, Online Gambling News, Sports betting, Oceania Casino News, Mergers, Acquisitions & Partnerships
Three days after the receipt of the comprehensive $195 million offer from DraftKings on June 16, 2023, Australian online sports wagering operator PointsBet Holdings agreed to proceed with the sale of its US bus...

DraftKings Offers $195 Million for PointsBet US Operations

Radosav Milutinovic
Casino Sales, U.S.A., Australia, Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, North America Casino News, Gaming Industry News, Licensed online casinos in USA, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
A renowned sport betting operator, DraftKings Inc., has revealed its intentions to acquire the US operations of the Australia-based sports wagering giant PointsBet. According to the press release, DraftKings de...

Crown Melbourne to Pay Additional AU$20 Million Fine For Wrong Tax Deduction Claims

Radosav Milutinovic
Australia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Economy/Finance, Tax Evasion, Oceania Casino News, Fines, Lawsuits & Litigation
Following the series of fines imposed to the Australian casino operator Crown Melbourne over the last two years, the Victorian Gambling and Casino Control Commission (VGCCC) now holds the operator responsible f...

Entain to Acquire STS Holdings for $946 Million to Expand in Poland

Radosav Milutinovic
Croatia, Australia, Casino News, Latest Casino and Gambling News, World Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, European Casino News, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Poland, United Kingdom
Entain, the global sports-betting, gaming, and entertainment group announced the acquisition of the Poland-based sports betting operator STS Holdings. As Reuters news agency reports, Entain is launching a tende...

Blackstone Planning Extensive Investments to Upgrade Crown Melbourne Resorts

Radosav Milutinovic
Las Vegas, Casino Destinations, Australia, Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, Gaming Industry News, Casino project updates, Money Laundering, Oceania Casino News, Fines, Lawsuits & Litigation
Following the recent $9 billion acquisition of the Crown Resorts, the New York-based real-estate giant Blackstone is planning a major investment in the the casino and hotel operations in the Melbourne site to m...

Star Entertainment Pushes the Opening of ”Queen’s Dwarf” to April 2024

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino expansion projects, Gaming Industry News, Casino project updates, Money Laundering, Economy/Finance, Oceania Casino News, Fines, Lawsuits & Litigation
Following a series of accusations for the Queensland casino laws violations, and the financial issues resulting in extensive lay-offs, the Australian gaming corporation Star Entertainment is facing another prob...

Crown Resorts Agrees To Pay $450M Fine For Breaching Australia’s Anti-Money Laundering Laws

Marija Malenovic
Latest Casino and Gambling News, Australia, Casino News, World Casino News, Gaming Industry News, Casino moguls, Money Laundering, Oceania Casino News, Crime, Fines, Lawsuits & Litigation
Crown Resorts, Australia’s largest gaming and entertainment group, has reached an agreement with the Australian Transaction and Analysis Centre (AUSTRAC) to pay a $450 million fine for historic violations of Au...

Entain Signs 25-year Agreement To Operate New Zealand TAB

Marija Malenovic
Casino Sales, Latest Casino and Gambling News, Horse Racing, Casino News, World Casino News, New Zealand, Gaming Industry News, Economy/Finance, European Casino News, Employment & Careers, Horse Racing, Online Gambling News, Sports betting, Oceania Casino News, Mergers, Acquisitions & Partnerships, United Kingdom
Entain, a global wagering and gambling company, will become the new owner of the New Zealand-based TAB by signing an agreement that will secure hundreds of millions of dollars for horse racing and sport. Min...

GLI Acquires iTech Labs to Keep Pace With Online Gaming Production Growth

Radosav Milutinovic
Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Technology, European Casino News, Online Gambling News, Oceania Casino News, Mergers, Acquisitions & Partnerships, Licensing, Italy, United Kingdom
Gaming Laboratories International (GLI), the test service and consultancy provider to the iGaming industry, has acquired outstanding shares in a leading online gaming testing laboratory, iTech Global.According ...

Experience Las Vegas-style Gambling Adventure In Big Time Gaming’s New Slot: Vegas Rush

Marija Malenovic
Australia, Casino News, Online gaming software, Latest Casino and Gambling News, Latest Casino Bonuses, World Casino News, Newest casino games, Gaming Industry News, Mobile gaming, Free Spins Bonuses, The Players Lounge, Online Gambling News, Oceania Casino News
Following the release of the hit The Race Megaways™, Big Time Gaming, a world-class casino games developer based in New South Wales, Australia, has released Vegas Rush, a Las Vegas casino-themed slot tha...