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1611 results for "australia"
Chinese Prison Sets 10 Crown Resorts Employees Free, Previously Convicted of ‘Gambling Crimes’
Chinese authorities released 10 Crown Resorts employees from prison in Shanghai on Wednesday, following their convictions last month for so-called 'gambling crimes.' Among those freed were two Australian citizens, Pan Dan and...
Crown Employees Written Judgment Published, New Details Emerge About Charges and Trial??
Crown Resorts handed out billion of dollars-worth of “rolling chips” to Chinese high-rolling clients in its VIP marketing campaign on the Chinese mainland. That’s according to the written judgement of the Shanghai...
$8.4 Billion Tabcorp-Tatts Merger Under Threat as Regulator Launches Legal Challenge?
The proposed merger of Tabcorp’s and Tatts, Australia’s two biggest wagering firms, faced a fresh hurdle on Monday as the Australian competitions regulator (ACCC) launched legal action in an attempt to capsize...
Ex-NFL Player Gets 15 Months for Role in Drugs and Gambling Racket
Derek Loville, a former NFL running back and three-time Super Bowl winner, was sentenced to 15 months in prison on Wednesday for dealing ecstasy and oxycodone for a criminal gang. Loville’s supplier...
Underdog Bettors Rejoice Over Controversial Pacquiao Upset
Sportsbooks didn’t think it was possible for Jeff Horn to upset Manny Pacquiao, but got stung by the boxer nicknamed “The Hornet,” when the challenger made those who bet on the long...
James Packer Focus of Israeli Netanyahu Probe, Ex-Fiancee Mariah Carey Not Feeling Any Pain
Australian billionaire casino mogul James Packer probably hasn't had his best week ever. First, 19 employees of his company, Crown Resorts, were sent to prison in China for committing “gambling crimes” on...
Teddy Sagi Slashes Stake in Playtech, Ceding Control While Cashing Out
Israeli Billionaire Teddy Sagi sold $430 million worth of shares in the online gaming software giant Playtech on Tuesday, giving up his majority stake in the company he founded in 1999. The...
Contractor Lawsuit Signals More Trouble for Beleaguered Las Vegas Alon Project
The fate of a prime parcel of real estate on the Las Vegas Strip that’s been little more than a vacant lot for nearly 10 years just got murkier. The Alon casino...
China Deals Light Hand in Crown Resorts Employees’ Gaming Marketing Sentences
In China on Monday, 19 Crown Resorts?employees were handed down relatively lenient prison terms by Shanghai’s Baoshan district people’s court, having all pleaded guilty to “gambling crimes” performed on behalf of the...
Aussie Authorities Give Go-Ahead for $9B Tabcorp Takeover of Tatts Group to Create Betting Giant
The merger of Australian betting giants Tabcorp and Tatts was approved by regulators Tuesday and could be finalized within the next few months. Just one day earlier in the US, the Federal...