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 Japan: six arrested for illegal gambling Police raided an illegal casino in Tokyo and arrested the manager, staff and two customers.
10/13/20 Gambling execs sentenced in bribery case Two former 500.com advisors have received suspended jail sentences in a case related to Japan’s IR scheme.
10/11/20 Crown Resorts faces probe in second state Victoria will also probe Crown’s lack of controls on junket customers while NSW takes a decision on its Barangaroo licence.
10/09/20 Packer might have to sell Crown stake The Crown Resorts shareholder has described the ongoing New South Wales inquiry as a “painful” and “terribly shocking experience”.
10/08/20 Packer denies knowledge of China risks The former Crown CEO admitted having considered a merger with Lawrence Ho’s Melco and “forgot” about Australian laws.
10/08/20 500.com closes bribery investigation An independent review found there was no violation of the US Foreign Corrupt Practices Act of 1977.
10/07/20 Packer blames disorder for “shameful” behaviour The Australian gaming millionaire has admitted having sent threatening emails but blamed it on mental illness
10/04/20 Star Gold Coast sues Singaporean high roller again The casino has lodged a new legal claim after its first was rejected in July.
10/03/20 Akimoto’s bail revoked over allegations of bribery After being released in February, Akimoto was arrested again for allegedly trying to bribe two former 500.com advisors.
09/29/20 500.com auditor resigns due to bribery scandal The sports lottery provider has announced the resignation of its auditor due to “disagreement with the management” over financial reporting.
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.
09/29/20 Kamori given 10-month suspended sentence The former chairman was convicted over his participation in a bribery case involving 500.com and Japan’s IR project.
