10/25/20 NSW extends consultation on pokies bill The state regulator aims to find an “industry-led solution” that considers the scale and risk profile of each of its 3,000 pubs and clubs.
10/25/20 SkyCity adds new air bridge to convention centre Reconstruction has begun a year after the centre was destroyed by fire. SkyCity will also open a new bar and music venue.
10/23/20 The Star gaming revenues at 75% of 2019 levels The company chairman addressed the issue of executive bonuses and the JobKeeper subsides at the annual shareholders meeting.
10/23/20 James Packer’s vote spares Crown execs At its annual general meeting, Crown’s chairman said the operator won’t work with junkets without consultation with regulators and Deloitte.
10/22/20 Crown terminates contracts with Packer’s firm The operator has cancelled contracts with Consolidated Press Holdings (CPH).
10/22/20 SkyCity aims at gambling and non-gambling locals The company has extended entertainment and food and beverages options in Auckland, and paused hotel expansions in Hamilton and Queenstown.
10/21/20 Tabcorp sees revenue drop 5.7% for Q1 The company says retail operations are still being hit by the pandemic, especially in Victoria.
10/21/20 Crown chair admits “ineptitude” handling Suncity junket Helen Coonan has admitted failings at the NSW inquiry but said the company is ready to open its new Sydney casino.
10/21/20 IPI proposes alternative to asset sale to cover debt Pacific Rim has asked for the operator’s assets to be sold to cover a US$5.5m debt, but the firm has presented another option.
10/20/20 Crown to face AUSTRAC investigation The regulator is questioning compliance procedures at Crown’s Melbourne casino.
10/20/20 IPI faces another complaint for Saipan casino debts The operator also faces complaints for regulatory violations and breach of contract in Saipan.
10/19/20 Crown Resorts chair: “We can do better” Helen Coonan has admitted background checks on VIP guests were not robust enough.
10/19/20 SkyCity expects return to normal operations in 2022 The second lockdown in Auckland cost the group about US$14 million. It is now operating at the same levels as in May.
10/16/20 Crown Resorts investors request directors’ resignation Some investors want several Crown Resorts directors to quit before next week’s general meeting.
10/16/20 Australian pokies venues cautious on spending Fewer venues will invest in replacement products and conversions despite forecasting a faster recovery of revenues.
