11/10/20 Tabcorp loses US$7.29m due to fire The resulting outages impacted the firm’s TAB, Keno and gaming services operations over the weekend.
11/06/20 DFNN cleared to recapitalise Silver Heritage An Australian subsidiary of Hatch Asia will be able to subscribe 92 per cent of the existing shares of the casino developer.
11/05/20 Counsel says Crown Resorts “unsuitable” for licence The counsel assisting the NSW inquiry said the influence of shareholder James Packer was “harmful to the public interest.”
11/04/20 Australian sports betting platform raises US$25m PlayUp plans to use the funds to accelerate its expansion into the US market, where it has already secured access in Colorado and New Jersey.
11/03/20 IPI raises concerns over unregulated gaming machines The CEO of Imperial Pacific International has said there are over 700 illegal gaming machines in Saipan.
11/01/20 TAB NZ reports recovery in all segments Company profits for the first nine months of 2020 reached US$19.46m, US$4.9m above budget.
11/01/20 Donaco casinos continue to struggle Net revenues have fallen from over US$17m in the third quarter of 2019 to US$231,956 in the same period this year.
10/30/20 The Star to go smoke-free by end of 2022 All of the Australian group’s properties, including its US$2.53bn project in Brisbane, will find solutions to eliminate indoor smoking.
10/30/20 Reef reports strong financial position in Q3 The operator has shown a strong financial position since reopening its casino.
10/29/20 Lotto NZ reports “highest sales in company history” Sales for the year ending June 30 reached NZ$1.384bn (US$918.7m).
10/29/20 Melbourne Cup to held without spectators The Victoria Racing Club was not successful in obtaining permission from authorities to host a group of racehorse owners.
10/28/20 Ainsworth Game Technology revenue falls 36% Ainsworth’s chairman says the drop was mainly due to temporary closures of venues and customers’ reduction in capital expenditure.
10/27/20 Fitch downgrades Crown’s outlook after probe The ratings agency does not believe the operator will lose its casino licence but could suffer heavy fines and penalties.
10/27/20 Australia considers bill on bets with stolen money The bill could force casinos to compensate victims of gambling fraud when a patron is found guilty of having placed bets with stolen funds.
10/27/20 Calls to reopen Christmas Island casino Authorities think the resort could have a future as more Australians look to holiday on the island.
