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1598 results for "australia"
Penn National Gaming Takes Six Percent Stake in PointsBet
Penn National Gaming (NASDAQ:PENN) continues spreading its wings beyond US borders. It's now the major shareholder in Australia's PointsBet (OTC:PBTHF). In a new regulatory filing, the Australian sportsbook operator reveals that Penn's...
MGM CFO Jonathan Halkyard Details BetMGM Global Ambitions
MGM Resorts International (NYSE:MGM) CFO Jonathan Halkyard says the company is working on plans to make the BetMGM iGaming and sports wagering business a global brand. The executive made the remarks at...
Crown Resorts at Future Risk of Default, Auditor Warns on Going Concern
Auditor KPMG has said the various regulatory investigations swirling around embattled casino giant Crown Resorts, coupled with the pandemic effects, have created “material uncertainties” about whether the operator can continue as a...
Apollo Mulling Run at Scientific Games Lottery Business
Private equity firm Apollo Global Management (NYSE:APO) is reportedly considering making an offer for Scientific Games' (NASDAQ:SGMS) lottery business. The rumor surfaces as Apollo was bested in its quest to acquire William...
Entain Draws Analyst Praise, Seen as Top 2021 UK Takeover Target
Entain Plc (OTC:GMVHY), the owner of the Coral and Ladbrokes betting shops, is earning positive reviews from some sell-side analysts and continues to be viewed as a prime takeover target. In a...
Cosmopolitan Las Vegas Rumors Say Blackstone Wants $5B Plus
Apollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip. Current owner Blackstone (NYSE:BX) is rumored to be shopping the venue...
Facebook Soon Introducing Fantasy Sports, Predictive Games
Social media giant Facebook is dipping its toes into fantasy sports and predictive games, revealing a suite of offerings pertaining to pop culture, sports, and television shows. The first game introduced by...
Ten Arizona Tribes to Offer Online Athletic Betting, 11th License Suddenly Withdrawn
The Arizona Department of Gaming (ADG) recently approved online sports wagering for ten tribes in the state. Another tribal license was also approved, but suddenly withdrawn. Cliff Castle Casino, owned and operated...
Hong Kong Billionaire Tony Fung Quits Aquis Board Over ‘Conflict of Interest’
Billionaire Tony Fung has retired as chairman and non-executive director of Canberra-based Aquis Entertainment, stressing the need for the board to be independent of its major shareholder. Fung holds just under 90...
Crown Resorts Loses $191M, Oaktree Rescinds James Packer Offer
Crown Resorts investors knew it would be bad. And today, those shareholders found out how devastating COVID-19 and ongoing regulatory issues facing the Australian casino giant have impacted business. Crown revenue for...