10/02/20 Gaming machine profits fall in NSW Net profits at clubs and hotels in NSW fell by almost 36 per cent year-on-year in the first six months of 2020.
09/30/20 TAB NZ August results surpass expectations Sports betting turnover grew 36 per cent with racing up 10 per cent year-on-year.
09/30/20 Crown hires former investigator as adviser The Australian gaming group has brought an expert that led the investigation into its Chinese arrests scandal onto the payroll.
09/29/20 Packer insisted on Crown-Melco deal “It’s my life and I’m going to overrule you,” the shareholder told director Michael Johnston.
09/27/20 Crown suspends junkets until June 2021 The Australian operator has begun a review of its compliance processes in light of the ILGA’s public hearings.
09/27/20 NSW opens consultation on new gambling bill If the new regulation is passed, casinos will be responsible for identifying and helping players who show evidence of harmful gambling behaviour.
09/25/20 Pointsbet raises US$53m from retail entitlement The Australian online betting operator aims to raise US$108 million through its latest entitlement offer.
09/23/20 Mariana delegations owe US$7m in casino tax The island of Rota is requesting the same flexibility on funds paid by IPI as other islands have had.
09/23/20 Tabcorp sells interest in Jumbo Interactive The company is expected to obtain almost US$50 million through the sale.
09/22/20 NZ lifts restrictions on casinos outside Auckland Skycity has announced the end of measures for its New Zealand venues except for Auckland.
09/18/20 Crown could claim compensation for tighter controls The agreement on its Barangaroo casino licence has a clause that could allow the operator to seek compensation for any losses.
09/18/20 Lottoland scores legal win in Australia Two complaints were presented against the company accusing it of using shady marketing tactics to deceive punters.
09/17/20 Tabcorp raises US$167.9m through retail shares The company had already closed the institutional component of its entitlement offer, collecting US$265.7 million.
09/17/20 The Star dishes out US$1m in bonuses The Australian casino operator didn’t meet its goals for the year and had to stand down 95 per cent of its employees.
09/13/20 Star sues insurance provider for Covid-19 losses The company claims its policy covered “risks of business interruption” but the insurance provider has denied its claim.
