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Las Vegas-based Light & Wonder considers stock listing in Australia
- Howard Stutz, The Nevada Independent
Gaming equipment provider Light & Wonder said last week it was exploring a secondary stock listing on the Australian Securities... more
Banking veteran David Foster named new Chairman of Star Entertainment Group
- Ben Blaschke, Inside Asian Gaming
Australia’s Star Entertainment Group has announced the appointment of David Foster, currently a non-executive director of the company, as... more
Star adds another US$135 million to coffers after completion of retail entitlement offer
- Inside Asian Gaming
Australia’s Star Entertainment Group Ltd says it has raised AU$203 million (US$135 million) following completion of a retail entitlement... more
Light & Wonder to evaluate potential secondary listing on Australian Securities Exchange
- Ben Blaschke, Inside Asian Gaming
Global gaming supplier Light & Wonder, Inc has revealed it is evaluating a potential secondary listing of its shares on the Australian... more
Star Entertainment Group’s Hong Kong partners see shareholding diluted
- Inside Asian Gaming
Hong Kong’s Chow Tai Fook Enterprises Limited and Far East Consortium International Limited have seen their combined stake in Australian... more
Tabcorp CEO calls for national regulatory framework to oversee Australia’s sports betting market
- Ben Blaschke, Inside Asian Gaming
The head of Australian racing and wagering giant Tabcorp has called for the establishment of a national regulatory framework in order to... more
Second anti-money laundering unit formed to crack down on ‘high-risk’ Australian gambling industry
- Henry Belot, The Guardian
Australia’s financial crime watchdog has launched a second specialist unit in response to the increasing threat of money laundering... more
Gambling industry’s free event tickets to Australian lawmakers raise fears of potential conflicts of interest
- Henry Belot, The Guardian
The gambling industry has given federal politicians about 150 free tickets to sporting events, shows and hospitality since the 2019... more
Victorian regulator preparing “Plan B” to continue casino ops if Crown’s Melbourne license revoked, but remediation efforts “pleasing”
- Ben Blaschke, Inside Asian Gaming
The Victorian Gambling and Casino Control Commission (VGCCC) is actively working on what it calls its “Plan B” with the goal of... more
Aussie pub and poker machine baron becomes Star Entertainment Group’s largest shareholder
- Inside Asian Gaming
One of Australia’s richest men, pub and poker machine baron Bruce Mathieson, is now equal largest shareholder in troubled Star... more
Australia’s financial regulator claims credit for AU$150 million in impairment provisions in Star’s 1H23 financials
- Inside Asian Gaming
Australia’s financial regulator ASIC said this week that it was responsible for casino operator Star Entertainment Group including an... more
Star Entertainment Group to raise equity after falling to US$858 million loss in 1H23 on regulatory woes
- Ben Blaschke, Inside Asian Gaming
Australia’s Star Entertainment Group on Thursday reported a net loss after tax of AU$1.26 billion (US$858 million) for the six months to... more
Trade union warns massively increased casino pokies tax in NSW will cost jobs
- Ben Blaschke, Inside Asian Gaming
A key Australian trade union has warned the New South Wales government that casino workers will lose their jobs if it proceeds with a plan... more
SkyCity sees revenues, profit bounce in 1H23 but warns regulatory actions could take two years to resolve
- Ben Blaschke , Inside Asian Gaming
New Zealand’s SkyCity Entertainment Group has reported a 168% increase in net profit after tax to NZ$22.8 million (US$14.5 million) for... more
Judge slams AUSTRAC for time taken to action court proceedings against Crown Resorts
- Ben Blaschke, Inside Asian Gaming
Australia’s financial crimes watchdog AUSTRAC has been slammed by the federal judge presiding over its case against casino giant Crown... more
Star warns of major hurdles to earnings at The Star Sydney on increased casino duty rates, regulatory challenges
- Ben Blaschke, Inside Asian Gaming
Australia’s Star Entertainment Group has warned that the future earnings capacity of The Star Sydney could be seriously harmed should the... more
Aristocrat finalizes acquisition of Roxor Gaming
- Rege Behe
Aristocrat Leisure Limited Friday announced it has completed the acquisition of igaming supplier Roxor Gaming Limited. The deal was first... more
Aristocrat appoints Tracey Elkerton to executive steering committee
- Rege Behe
Aristocrat Leisure Limited Friday announced the appointment of Tracey Elkerton, chief compliance officer, to its executive steering... more
NSW Premier looking to ban political donations from pubs and clubs as gambling reform campaign gains pace
- Inside Asian Gaming
The New South Wales state government is considering banning political donations from any pubs and clubs with poker machines in a move... more
Australia: PointsBet confirms Betr takeover talks
- Aaron Weinman, The Australian Financial Review
Bookmaker PointsBet has confirmed it is in preliminary talks with NTD, owner and operator of wagering operator Betr, over a potential sale... more
