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1594 results for "australia"
James Packer to Testify From Superyacht in Crown Resorts Suitability Inquiry
Australian billionaire James Packer will testify tomorrow in New South Wales (NSW) regarding Crown Resorts' suitability to hold a casino license in Sydney. He'll do so remotely from aboard his $200 million...
Macau Casinos Show Life, September Gaming Revenue Increases 66 Percent from August
Macau casinos reported gross gaming revenue (GGR) of MOP2.21 billion ($277 million USD) in September, a 90 percent year-over-year decline, but a significant surge in August. The Macau Gaming Inspection and Coordination...
Wife Killer Gets 10 Years for Stealing $4 Million to Fuel Gambling Habit
An Australian man who is currently serving a minimum of 23 years in a Perth prison for killing his wife has been sentenced to another ten years for fleecing victims of more...
Regulators Probe Potential Insider Trading in James Packer Sale of Crown Resorts Shares to Melco
Disclosures by James Packer’s investment company to Melco Resorts in advance of a $1.7 billion Crown Resorts share sale came under scrutiny Tuesday by a licensing suitability investigation in Sydney. The NSW...
Crown Resorts Junks Junkets as Sydney License Hangs in Balance
Australia’s Crown Resorts has suspended all its business with junket operators until June 30, 2021 while it “undertakes a comprehensive review of its processes.” Junket-fueled VIP business accounts for around seven percent...
China Claims $146B Moved Illegally Offshore via Gambling Networks
Authorities in China say more than one trillion Chinese yuan ($146.5 billion) was moved out of the country last year through gambling networks and syndicates. Liao Jinrong, director general of the International...
Crown Resorts Inquiry Alleges James Packer Sold Stake with Inside Information
The inquiry into Crown Resorts' suitability to hold a casino license in New South Wales (NSW) has allegedly uncovered information into the dealings of its founder. Billionaire James Packer, who founded the...
Barstool Sportsbook Launches in Pennsylvania with Data, Tips from GTG Network
Penn National Gaming's much-ballyhooed Barstool Sportsbook is live in Pennsylvania today, and the betting platform debuts featuring data and trend analysis, courtesy of GTG Network. Australia-based GTG parses trillions of data sets...
Ron Perelman To Sell Scientific Games Stake to Caledonia for About $1B
Scientific Games (NASDAQ:SGMS) Chairman Ron Perelman is going to sell his 39 percent stake in the Las Vegas-based gaming equipment manufacturer for about $1 billion. The buyers are Australia’s Caledonia, an investment...
PointsBet Now Available in Illinois Just in Time for NFL Season to Kick Off
Another sportsbook has opened in Illinois. On Saturday, the day before the lucrative NFL season kicks off, PointsBet announced its mobile sports betting application was available in the state. PointsBet’s launch has...