Australasia

Australia: ACMA to develop gambling self-exclusion register

The Australian authority ACMA will develop a National Self-Exclusion Register to let people self-exclude from all licensed interactive gaming providers in a single process.

06/23/21

Star Entertainment and Crown Resorts discuss potential merger

Star Entertainment and Crown Resorts’ CEOs met virtually to discuss options regarding a possible merger.

06/23/21

CCC to cut staff due to Imperial Pacific’s closure

The Commonwealth Casino Commission (CCC) is in an economic crisis due to Imperial Pacific International’s non-payment of its licence, and itplans to lay off 22 workers.

06/23/21

Cambodian government to intercede in NagaCorp conflict with unions

A meeting between NagaCorp’s management and laid-off workers will be attended by the country’s Ministry of Labour and Vocational Training.

06/22/21

Reef Casino expects to announce profits of AU$3m

Reef Casino Trust has announced its distributable profit for the first six months of the year will be approximately AU$3m.

06/21/21

AUSTRAC to join forces with local banks over casino investigations

AUSTRAC will partner with Australian banks to continue investigating all three casino operators due to potential financial crimes.

06/16/21

NagaCorp completes issue of US$200m in senior notes

NagaCorp has announced that its additional US$200m issue of 7.95 per cent senior notes has completed.

06/16/21

Imperial Pacific requests review into gaming licence suspension

IPI says that it should be exempt from paying its licence fee to the Commonwealth Casino Commission for the last year.

06/15/21

Australia: NSW launches gambling harms programme

The NSW government has launched a campaign dubbed “The Number that Changed My Life” to help people dealing with gambling addiction issues.

06/15/21

Oaktree makes new offer for James Packer’s Crown shares

Oaktree has increased its original bid with an AU$3.1bn (US$2.39bn) offer to acquire James Packer’s 37 per cent stake in Crown Resorts.

06/14/21

War of words over legal advice for former IPI chairwoman

Cui Li Jie’s former lawyer, Juan T. Lizama, has said that John Mo Shi Jian, a former Macau law professor, was giving the former IPI chairwoman bad advice.

06/12/21

SkyCity expects strong performance for FY21

SkyCity expects a normalised EBITDA of between $247-253m for the financial year ending June 30 thanks to a rise in domestic tourism.

06/11/21

Victoria’s Royal Commission extends inquiry into Crown Resorts

Former Federal Court judge Raymond Finkelstein has ordered an extension to the inquiry up to October 15.

06/11/21

Pressure mounts for SkyCity to return more profit to community

Hamilton City Council has made a draft submission to review licence conditions for casinos since SkyCity only returns 1.5 per cent of its profit to the community while pubs and clubs must return 40 per cent.

06/11/21

Imperial Pacific continues to pay back wages

Imperial Pacific has said it continues to pay its scheduled back wages payments in full and on time.

Check the latest Australasia news

Australia: ACMA to develop gambling self-exclusion register

Star Entertainment and Crown Resorts discuss potential merger

CCC to cut staff due to Imperial Pacific’s closure

Cambodian government to intercede in NagaCorp conflict with unions

Reef Casino expects to announce profits of AU$3m

AUSTRAC to join forces with local banks over casino investigations

NagaCorp completes issue of US$200m in senior notes

Imperial Pacific requests review into gaming licence suspension

Australia: NSW launches gambling harms programme

Oaktree makes new offer for James Packer’s Crown shares

War of words over legal advice for former IPI chairwoman

SkyCity expects strong performance for FY21

Victoria’s Royal Commission extends inquiry into Crown Resorts

Pressure mounts for SkyCity to return more profit to community

Imperial Pacific continues to pay back wages

Regulation

Philippines central bank proposes stricter payment rules for casino operators

Casino

Singapore probes Indonesian man over fake S$10,000 notes at Resorts World Casino

Business

Lawrence Ho transfers 26.44 million Melco Resorts shares to irrevocable trust

Casino

Macau premium-mass wagers down 45% year-on-year in September, Citi survey finds