04/22/21 Australia to block 4 unlicensed gambling sites The ACMA has asked Australian internet service providers to block 4 gambling sites that were operating illegally in the country.
04/21/21 Why is online gambling so popular in Australia? Online gambling in Australia has grown exponentially not only because of the ability to play from anywhere at any time but also because of its potential prizes.
04/21/21 Former WA chief casino officer faces Crown Royal Commission Michael Connolly has hired legal representation to face the state’s Royal Commission into Crown Resorts.
04/19/21 Oaktree makes US$2.32bn offer for James Packer’s Crown shares Crown Resorts has received an AU$3bn (US$2.32bn) offer from Oaktree Capital Management to acquire the 37 per cent stake owned by James Packer.
04/17/21 James Packer agrees to reduce influence over Crown Resorts James Packer has agreed with the NSW regulator to step back from Crown Resorts to help the casino operator retain its Australian casino licences.
04/17/21 S&P upgrades SkyCity to “credit stable” SkyCity is now operating fully without Covid-19 restrictions in New Zealand and expects to return to normal levels by fiscal year 2022.
04/14/21 Blackstone adds conditions to Crown Resorts bid Blackstone Group Inc has added new conditions to its bid for Crown Resorts including the condition that it does not lose state casino licences.
04/14/21 SkyCity halts dealings with junket operators SkyCity Entertainment Group has taken the decision to stop dealing with junket operators after a strategic review into its International Business Division.
04/13/21 Tasmania: Federal Group casinos hit by ransomware attack Federal Group had to shut its Wrest Point and the Country Club casinos after a ransomware attack affected pokie machines and hotel bookings systems.
04/13/21 Australia: Victorians’ losses to online bookmakers up 35% in H2 2020 The growth in Victorians’ online betting losses was driven by Covid-19 restrictions in Melbourne that led land-based casinos and gambling venues to close their doors.
04/13/21 Western Australia begins Royal Commission into Crown The Royal Commission will decide if Crown Resorts is suitable to continue holding a casino gaming licence for Crown Perth and will investigate Western Australia’s regulatory framework for the gambling industry.
04/10/21 Australia: record spend on poker machines in Northern Territory A record amount was spent on poker machines when they reopened after lockdown.
04/08/21 James Packer is open to selling 37 per cent stake in Crown James Packer has hired investment bankers Moelis Australia to advise on any potential deal to sell his 37 per cent stake in Crown Resorts.
04/08/21 Australia and New Zealand to launch travel bubble from April 19 It’s hoped that the travel bubble will contribute to the economic recovery of Australia and New Zealand and could help other countries in the Asia-Pacific region to make a similar move.
04/07/21 Nigel Morrison gets regulatory approval to join Crown board Former Skycity Entertainment CEO Nigel Morrison is the first new appointment since the Bergin Report found Crown unsuitable to hold its licence for its second Sydney casino.
