12/01/20 SkyCity Adelaide to reveal US$242m revamp The refurbishment has increased the casino’s capacity for live entertainment.
11/26/20 Fitch places Crown under negative ratings watch The ratings agency has downgraded the operator again, fearing it could be hit by to fines or other sanctions from regulators in various states.
11/24/20 SkyCity Adelaide reopens three days after closing Authorities have lifted lockdown measures and the casino has been able to reopen with restrictions.
11/24/20 Crown Melbourne revises gaming restrictions The casino will resume table games and increase its capacity limit to 1,000.
11/21/20 Moody’s downgrade to cost Crown Resorts US$1m a year The agency downgraded Crown’s notes after New South Wales’ regulator told it to delay opening its new casino in Barangaroo.
11/20/20 Two major investments for Australian hospitality sector Redcape has bought a hotel with a sports betting bar, while Hotel Property Investments acquired 3 pubs.
11/19/20 Skycity closes Adelaide casino due to Covid-19 The casino and entertainment part of the venue will remain closed for six days. The inauguration of the new areas of the resort has been delayed.
11/19/20 Crown Resorts cancels Sydney casino inauguration The operator will only open non-gaming areas in December.
11/18/20 NSW expects over US$2bn from gaming tax The number represents an increase of US$36.5 million since the half-year review for the sector.
11/18/20 Crown parts ways with junkets for good The operator will only work with authorised junkets. It has begun a consultation with regulators from different states.
11/15/20 Jumbo signs 10-year agreement with Lotterywest A subsidiary will work with the Western Australian state-operated lottery.
11/13/20 NSW debates bill to limit possible Crown claims Under the current contract, if the casino licence is cancelled by ILGA, the operator could request payment of US$145m in damages.
11/10/20 Crown Melbourne restarts some gaming operations The casino will begin some operations with limited capacity as of November 12
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.
