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1594 results for "australia"
Delaware North Selling Jake’s 58 Casino on Long Island for $120M to Suffolk OTB
Delaware North is selling Jake's 58 Casino Hotel on Long Island to the company that has long been operating its gaming machines. Newsday, a daily media outlet covering the Long Island counties...
Melco Resorts Awards Billionaire Founder and CEO Lawrence Ho $10M Bonus
Melco Resorts, a Hong Kong-based casino operator with properties in Macau, Philippines, and Cyprus, has awarded its founder, Chairman and CEO Lawrence Ho, with restricted stock compensation valued at approximately $10 million....
MGM, Wynn Resorts Hunting for Big-Time Development Opportunities, Says Moody’s
MGM Resorts International (NYSE:MGM) and Wynn Resorts (NASDAQ:WYNN) will mull new, large-scale development opportunities around the world. That could result in the operators taking on significant debt, according to Moody's Investors Service....
James Packer Prepared to Sell $2.2 Billion Crown Stake to Blackstone
Crown Resorts’ founder and largest shareholder, James Packer, is ready to sell his 37 percent stake in the company, but on his own terms. He won’t be leaving it all in the...
Star Entertainment Can Chase Asian Bookie’s $32.7M Debt in Aussie Court
Australia’s Star Entertainment Group has won the right to pursue an A$43 million (US$32.7 million) gambling debt in Queensland’s Supreme Court. On Wednesday, Justice Thomas Bradley tossed an application to dismiss the...
Chastened Crown Resorts Could Win Back Sydney License Later This Year: Regulator
Crown Resorts could get its Sydney license back this year, according to New South Wales’ chief gaming regulator. Philip Crawford, chairman of the state’s Independent Liquor and Gaming Authority (ILGA), told The...
Fox Sports Betting Stake Draws Barclay Raves, Says FanDuel Accretive to Shares
Fox Corp. (NASDAQ:FOXA) is a $23 billion broadcasting behemoth, but investors shouldn't sleep on the company's sports betting footprint. That's the sentiment of Barclays analyst Kannan Venkateshwar, who on Monday lifted his...
Reporter Who Exposed Crown Resorts Wins ‘Journalist of the Year’ At Crown Melbourne
A reporter who exposed Crown Resorts’ ties with triad junket operators has been named Journalist of the Year at the Melbourne Press Club’s Quill Awards. The venue? The Crown Melbourne Palladium event...
Tabcorp Rebuffs $2.28 Billion Entain Bid, Promises Review of Betting, Media Units
Tabcorp turned back a $2.28 billion takeover offer from Entain Plc (OTC:GMVHY) for the company's media and sports wagering businesses. But the Australian firm is promising a strategic review of those units...
World Poker Tour Drama Continues as Allied Esports Will Accept Bally’s Bid
The saga that is the takeover of the World Poker Tour (WPT) has a new chapter. Seller Allied Esports Entertainment, Inc. (NASDAQ:AESE) said it received a better offer from Bally's Corp. (NYSE:BALY)....