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 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 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.
08/20/20 Crown Resorts: casino revenues drop while online betting rises The Australian operator posted disappointing results for land-based operations for its financial year ending June 30, but online revenue is up.
08/19/20 Australia blocks eight offshore gambling sites An investigation was launched due to complaints received by ACMA about the withholding of players’ winnings.
08/18/20 Record fine for underage gambling at Sydney casino Two teenagers and a 12 -year-old girl were found placing bets and being served alcohol at The Star casino.
08/16/20 New legal setback for Crown Resorts Public hearings into the operator’s suitability to hold a licence in New South Wales will resume on Monday.
08/16/20 Gamblers could be banned for social media reactions Australia’s responsible wagering association is pushing for bans for bettors who abuse major athletes after losing bets.
08/11/20 Perth casino under lockdown after pepper-spray attack A man reportedly attacked dozens of players at Crown Perth in Western Australia.
08/09/20 NSW offers to host Australian Open The state’s deputy has offered to host all mayor sports competitions facing cancellation in Australia.
08/05/20 Donaco appoints new directors The appointments come due to conditions of a recent entitlement placement through which the company obtained around US$9.9 million.