08/30/20 Ainsworth full-year revenues down 36% The company eliminated 107 positions globally and employees took voluntary pay cuts to save US$7.3 million in costs.
08/27/20 Silver Heritage creditors to accept recapitalisation bid The casino developer will accept a rescue plan from Philippines-based HatchAsia after declaring it could become insolvent due to the crisis.
08/27/20 SkyCity to reopen Auckland casino next week Auckland continues in level of alert 3 in the fight against Covid-19 until next Monday.
08/27/20 Soft2Bet furthers Asia expansion with new brand The white label platform provider has launched a new B2B casino and sportsbook product called Irokobet.
08/27/20 Jumbo Interactive eyes international opportunities The online lottery operator is seeking new business in Australia, UK, Canada and the US after announcing growth in annual revenue.
08/26/20 Saipan: Casino Commission pledges good governance The gaming regulator in Saipan has issued a statement to pledge good and fair governance over casino industry after legal troubles with IPI.
08/26/20 Reef appoints new CEO as revenues fall 75% The resort and casino in Australia was severely hit by the pandemic but directors have seen positive results since reopening.
08/25/20 NZ extends Auckland lockdown until Sunday Casinos in the city will remian shut at least until Monday, when businesses will be allowed to reopen under level of alert 2.
08/25/20 Tabcorp raises US$265m from entitlement offer The Australian company is looking to obtain US$429.6 million to pay existing debt facilities and strenghten its balance sheet.
08/25/20 New Australasian report offers insights on the “new normal” The report compiles the results of a survey of more than 500 gaming venues.
08/23/20 IPI owes over US$9.4 million in taxes According to a notice from the Department of Finance’s Division of Revenue and Taxation, the debts go back to 2017.
08/23/20 Former Crown boss addresses visas inquiry The public hearings over Crown’s China debacle have begun with authorities to decide if the company will keep its licence.
08/21/20 Slot machines manufacturer axes jobs to save costs Ainsworth Game Technology has made 64 redundancies in Australia and the US.
08/21/20 The Star reports losses of US$67.9m The Australian gaming group’s revenues were hit by the closure of its Sydney and Queensland properties from March to July.
08/20/20 Tabcorp issues US$431.2m shares offer The Australian gaming company has posted a 4.8 per cent year-on-year drop in revenues due to the pandemic.
