Archive

_2020-10-07
Testifying before an inquiry in Sydney, former Crown Resorts Chairman James Packer said the amount of profit generated by the company’s VIP business was not worth the risk posed to its employees.

_2020-09-29
Crown Resorts is unlikely to lose its license to run a new $2.2 billion property in Sydney following an inquiry into its suitability, J.P. Morgan says in a note.

_2020-09-28
James Packer insisted on selling a 19.9 percent stake in Crown Resorts to Melco Resorts & Entertainment, while the key executive negotiating the transaction gave “little thought” as to the potential impact on its Sydney license, an inquiry heard.

_2020-09-25
Crown Resorts said it’s suspending junket operations until June of next year while it reviews its compliance and governance operations. 

_2020-09-24
Senior executives from Crown Resorts, including CEO Ken Barton, answered questions this week at an inquiry into whether the company is suitable to hold a license in Sydney, revealing a “troubling” lack of awareness of company operations.

_2020-09-02
Online poker giant PokerStars exiting China, Macau, and Taiwan, according to information first reported by CalvinAyre. According to the report, Sta

_2019-09-25
A Philippine Offshore Gaming Operator (POGO), said to be the second-largest in the country, has been shut down for failing to pay the correct taxes.

_2019-07-29
Konami Gaming has announced the promotion of Lori Olk to the position of vice-president of regulatory compliance, where she will be responsible for ma

_2019-06-24
The Philippines Amusement and Gaming Corporation has warned its POGO operators to comply with government regulations and pay proper taxes in the wake

_2019-05-15
In a crowded field of international IR operators hoping to obtain one of the three licenses available in Japan, Caesars Entertainment hopes that one of its key competitive advantages is its commitment to “the highest levels of integrity.”

_2017-03-15
Tabcorp said it is maintaining its dividend targets this year after a Federal Court approved a A$45 million ($35 million) penalty to settle a case wit

_2017-02-08
Victoria’s gaming regulator has been slammed by the state’s auditor general for failing to keep close enough supervision of the Crown Casino in Me