07/13/21 Crown Resorts may retain licences with conditions, analysts say J.P. Morgan believes Crown Resorts could retain its gaming licences in Sydney and Western Australia but with conditions.
07/13/21 IPI vehicles and gaming machines to be sold to pay USA Fanter Imperial Pacific vehicles and casino gaming machines will be seized and sold in order to comply with a $2.1m judgement by USA Fanter Corp.
07/13/21 Crown warns 12,000 jobs are at risk if it loses licence Crown Resorts sent a letter to the Victorian gaming minister saying there would be “severe consequences” if it cannot hold its licence for its second Sydney casino, the state’s Royal Commission has heard.
07/09/21 Crown’s board overruled Helen Coonan’s suggestions, inquiry hears Helen Coonan, Crown Resorts’ executive chairman, has said she was “overruled” by the casino’s board when she suggested former CEO Ken Barton resign last year.
07/08/21 Imperial Pacific pays July settlement payment Imperial Pacific has reported that it has paid its scheduled settlement payments for July although it did so a day late.
07/08/21 WA Royal Commission into Crown Perth opens submissions to the public Western Australia’s Royal Commission has called on former and current Crown Resorts employees, government employees and the public in general to provide information about improper conduct.
07/08/21 Australia: Sydney extends Covid-19 restrictions another week Authorities have extended countermeasures for another week after 18 new Covid-19 cases were recorded.
07/08/21 Study finds Australians don’t use gambling harm reduction tools A study has found that Australians do not use gambling harm-reduction tools if they are not required to do so.
07/07/21 New Zealand: pokie operators allowed to break government regulations Reports claim that New Zealand’s Department of Internal Affairs (DIA) let slot machine operators break government regulations for 17 years.
07/07/21 Crown Resorts underpaid taxes for seven years, inquiry hears Xavier Walsh, Crown Melbourne chief executive, said the company underpaid its casino taxes for seven years, but that he only started investigating the day after Victoria’s Royal Commission into the company was announced.
07/06/21 Entain disappointed with Tabcorp demerger decision Entain has expressed its disappointment with Tabcorp’s decision to separate in two, saying its offer would have delivered better outcomes for shareholders.
07/05/21 Australia: NSW to test digital gaming wallets in Q4 The New South Wales government will start testing digital gaming wallets at clubs during the last quarter of 2021.
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 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.
