Archive

_2022-02-17
Crown Resorts reported a widened net loss of A$196.3 million (US$141.5 million) in the six months ended December 31, 2021, due partly to property closure costs incurred during Covid-19 lockdowns during the period.

_2022-02-17
The Star Entertainment Group said its earnings in FY22H1 were significantly impacted by property shutdowns and Covid-19 related operating restrictions. 

_2022-02-17
The Star Entertainment Group on Thursday announced the appointment of Michael Issenberg as non-executive director of the company, subject to regulatory approvals.

_2022-02-16
A man has pleaded guilty in the Brisbane Supreme Court to depositing about $1 million from the proceeds of crime into casinos in Australia and Sydney. 

_2022-02-16
Moody’s Investor Service has placed Crown Resorts’s Baa3 issuer rating on review for downgrade, following the board acceptance of an acquisition deal from Blackstone.

_2022-02-14
Australia-listed Crown Resorts on Monday has recommended its shareholders to vote in favor of an $8.9 billion all-cash offer from Blackstone to acquire the casino company.

_2022-02-11
oker players around the world now have the opportunity to play the game they love in a truly unique format. The Match Poker Online app officially launches on Feb. 14 (Feb. 15 in Australia/Asia time zones) and transforms poker into a sporting competition...

_2022-02-10
Australia’s largest online bookmaker Sportsbet has been fined A$2.5 million (US$1.8 million) and has committed to refunding customers around $1.2 million after breaching Australia’s spam laws in 2020 and 2021.

_2022-02-09
Australian-listed The Star Entertainment Group has been accused of encouraging local gamblers to falsely claim they reside outside of New South Wales, in order for the company to minimize the amount of gaming tax paid to the state government. 

_2022-02-07
Everi Holdings said it’s expanding in Australia through the A$33 million purchase of ecash Holdings.

_2022-02-07
Star Entertainment said it expects to post a provision of A$13 million ($9.2 million)  in its 1H22 results to remediate underpayment of its employees.

_2022-02-07
J.P. Morgan has cut its share price target on Aristocrat Leisure after the failure of its bid for Playtech, but said it retains its “overweight” rating on the stock.