07/05/21 Tabcorp to spin off its businesses Tabcorp has announced it will spin-off its businesses into two separate companies, one covering its lottery operations and one comprising its wagering, media and gaming services.
07/05/21 Crown Resorts expects to post full-year net debt of US$676m Crown Resorts expects to report a net annual debt of AU$900m when it publishes its financial results on August 30.
07/03/21 Macau VIP GGR to reach 20% of pre-pandemic levels in Q2, analysts say JP Morgan Securities estimates that Macau’s VIP gross gaming revenue (GGR) will only reach 20 per cent of pre-pandemic levels during the second quarter of the year.
07/03/21 Macau to decide if Hong Kong visitors can enter casinos Authorities are analysing whether to allow quarantine-free guests coming from Hong Kong to enter Macau’s casinos.
07/03/21 Yokohama’s ruling party debates whether to support anti-IR candidate The ruling Liberal Democratic Party has an anti-IR faction who supports Hachiro Okonogi as the party’s candidate, but many politicians are against the proposal.
07/03/21 Crown credit card transactions reveal possible money laundering Victoria’s Royal Commission has heard that Crown Resorts may have accepted credit card payments in exchange for gaming chips or cash at its Melbourne hotel desk venue between 2012 and 2016.
07/03/21 New Zealand: criticism of plan to make pubs’ pokies turnover public The Gaming Machine Association of New Zealand (GMANZ) argues that pub-by-pub statistics on pokie machine turnover would be “a virtual shopping list for armed robbers.”
07/03/21 Former advisor gives more evidence in LVS – AEC legal battle A former advisor to Macau’s gaming commission, Carlos Lobo, has given more testimony, stated the relationship between LVS and AAEC was terminated before LVS partnered with Galaxy Entertainment.
07/03/21 Paradise Co revenue up 16.1% in June Paradise Co has shared its financial results for June, reporting a 6.1 per cent rise in casino revenue from the previous month.
07/03/21 Tasmania: prevalence of gambling down 47% in 2020 According to the latest edition of the Social and Economic Impact Study for gaming, gambling in Tasmania continues to decline after the government introduced measures to reduce gambling harm in the state.
07/02/21 New Boracay Development Authority could allow casinos The House of Representatives has recently approved the creation of the Boracay Island Development Authority, which may allow casinos on the Philippine island.
07/01/21 Genting Malaysia applies for one of five digital bank licences Genting Malaysia has applied for one of the digital bank licences to be issued by Malaysia’s central bank during the first quarter of 2022. Forty companies are competing for five licences.
07/01/21 Australia: ACMA to block more offshore gambling platforms The Australian media authority ACMA has urged internet service providers to block offshore gambling websites operated by Kings Chance Service.
07/01/21 Kingston Financial posts full-year revenue of US$265m Kingston Financial has published its annual results for the year ending March 31, reporting a 90 per cent decline in profit.
