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1594 results for "australia"
Rumor Mill: Action Network, VSiN Could Be Takeover Targets, Says Research Firm
Sports betting media properties The Action Network and the Vegas Stats and Information Network (VSiN) are potential takeover targets, notes research firm Eilers & Krejcik Gaming (EKG). The California-based gaming research house...
China to Amend Criminal Law, Impose Prison Sentences on Foreign Casino Operatives
China is warning foreign casinos that marketing gambling to its people will result in prosecution, and if a proposed amendment to its criminal law is passed, a potential lengthy prison sentence. Inside...
Caesars, Mohegan Gaming Dealing with Financing Crunch on South Korea Projects
Caesars Entertainment and Mohegan Gaming & Entertainment (MGE) are both grappling with financing issues for integrated resort projects in the Incheon region of South Korea. The coronavirus pandemic is viewed as the...
James Packer Vote Saves Directors’ Skins at Crown Resorts AGM, Executive Pay Voted Down
Australian billionaire James Packer used his ownership clout Thursday to save three Crown Resorts directors up for reelection at the company’s annual general meeting. An influential organization told Crown Resorts' shareholders that...
Crown Resorts Chair Admits AML Breaches, Claims ‘Incompetence’
Crown Resorts chair Helen Coonan told a licensing suitability investigation in Sydney on Tuesday that she accepted her company had facilitated money laundering. But she blamed it on “ineptitude” rather than criminal...
Crown Resorts?Failed to Review?China Arrest Scandal, Says It Would Weaken Case in $100 Million Lawsuit
Crown Resorts has never held an internal review into the 2016 scandal that saw 19 of its staff detained in China for “gambling crimes.” That’s because the company is still facing a...
Shareholders Should?Boot Out Crown Directors for Bad Governance, Says Powerful Advisory Firm
Crown Resorts shareholders should oust three board directors at the company’s forthcoming annual general meeting next week in light of revelations that have emerged from a licensing suitability inquiry in New South...
James Packer Denies Being Pals with Junkets, Would Sell Crown Stake to Save License
On Thursday, James Packer denied claims he was on friendly terms with any junket operators. He added that he met with them only “rarely” in his former capacity as chairman of Crown...
James Packer Grilled About Imprisonment of Crown Resorts Staff in China, Won’t Accept Full Blame
Billionaire James Packer said Wednesday he was not aware that Crown staff were living in fear in China prior to their arrest and subsequent imprisonment for “gambling crimes” in 2016. Packer was...
James Packer: Bipolar Disorder Made Me Send ‘Shameful’ Threats
Crown Resorts billionaire James Packer told a licensing suitability hearing in New South Wales, Australia that he made threats to unnamed business executives five years ago because he was suffering from bipolar...