09/03/20 Crown’s legal head admits accounts went unmonitored ILGA is continuing its inquiry to determine if the Australian operator should keep its casino licence for its new Barangaroo property.
09/03/20 Novomatic inks distribution deal with Ainsworth The Australian slots machines manufacturer will be the the European group’s commercial and sales representative in Asia.
09/02/20 Donaco narrows losses as revenues drop 38% The Australian operator’s casino in Vietnam is running limited operations and its casino in Cambodia remains closed.
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 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 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.
