Wednesday, June 29, 2022

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Crown Perth reopening some restaurants

2020-06-05

Crown Perth is launching the first stage of its return to business this weekend, with eight of the property’s 35 restaurants and bars resuming opera

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Donaco to keep CEO Arbuckle until his replacement is found

2020-06-03

Donaco International announced on Wednesday that Chief Executive Officer Paul Arbuckle would continue to serve in his post on a month-to-month basis u

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The Star opens for limited VIP business, restaurants

2020-06-01

The Star casino in Sydney is set to reopen its VIP gaming rooms and up to twelve food and beverage venues starting from 4pm on Monday 1 June 2020, acc

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31st AGE delayed until August 2021

2020-05-29

The organizers of the 31st Australasian Gaming Expo have announced that the event will be delayed until August 2021 out of concerns and policies relat

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Trans-Tasman travel bubble is advancing

2020-05-28

A working group of business and government leaders from Australia and New Zealand are fortifying plans to create a trans-Tasman travel bubble, which w

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Aristocrat sees movement in digital as land revenues hit by Covid-19

2020-05-22

Aristocrat Leisure on Thursday announced its financial results for the six months ended March 31. Group revenue increased 7 percent to A$2.25 billi

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Receivers and managers appointed for Silver Heritage

2020-05-20

In an announcement to the Australian Securities Exchange on Wednesday, it was announced that John Park and Joseph Hansell of FTI Consulting have been

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Tabcorp secures debt waivers as part of Covid-19 response

2020-05-20

Australian wagering giant Tabcorp announced it has secured agreement from its bank lenders for a waiver of leverage and interest cover covenants in re

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Aristocrat prices new US$500 million loan facility

2020-05-18

Australia-listed Aristocrat Leisure on Monday announced the pricing of a new US$500 million term loan, with the aim of strengthening the group’s liq

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Australia aims to reopen the economy by July

2020-05-11

The Australian government has announced a three-phase plan to fully reopen its economy by July.  According to Prime Minister Scott Morrison, the f

Australia court lifts freeze order on Donaco shares

2020-05-08

The Supreme Court of New South Wales has lifted a freeze order that restricted a group of Thai businessmen from selling a 17.99 percent stake in Donaco International.

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Crown normalized EBITDA reaches A$500 million

2020-05-05

Crown Resorts on Monday reported a normalized EBITDA of approximately A$500 million (US$321.6 million) for the period from 1 July 2019 to 23 March 202

Melco offloads Crown Resorts stake at 37.3 percent discount

2020-04-29

Melco Resorts & Entertainment has sold its remaining 9.9 percent stake in Crown Resorts to affiliates of the Blackstone Group for A$8.15 ($5.31) a share.

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Research on COVID-19 impact on gaming to launch

2020-04-28

Responsible gaming researcher Sally Gainsbury is preparing to launch a research study on the impact of COVID-19 on gambling in Australia. The resea

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Aristocrat stands down, lays off a total of 1,200 employees

2020-04-27

Aristocrat Leisure announced on Monday that it would be standing down approximately 1,000 of its roughly 4,000 staff members, principally in its land-

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Casinos face challenge in avoiding reopening headaches

2020-04-24

The Covid-19-mandated lockdown of global casinos is one of the biggest crises the industry has had to face and getting the reopening right once the pandemic subsides is also going to present a major challenge.

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Industry mourns the loss of Stephen Cowan

2020-04-23

Paltronics Australasia on Wednesday announced the passing of managing director Stephen Cowan on Friday 17 April 2020.  Below is the release sent t

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SkyCity's Adelaide Resort to be called Eos

2020-04-22

SkyCity’s new hotel and casino in Adelaide is to be named after Eos, the goddess of the dawn in Greek mythology. Eos by SkyCity Adelaide General

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Star estimates costs of Covid-19 shutdown

2020-04-17

The Star Entertainment Group, required by the Australian government to suspend its operations since March 23, has provided an update of its activities

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