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1611 results for "australia"
Crown Resorts Tells Investors to Expect Financial Loss in 2021 Fiscal Year
Crown Resorts is already warning investors that it will report an operating loss in its 2021 fiscal year, which ended June 30, 2021. The Australian casino company plans to release the full-year...
Tabcorp Spurns Apollo, Entain, Plans Spinoff of Keno, Lottery Unit
Australian gaming operator Tabcorp has rebuffed multiple suitors for its media and sports wagering businesses. Instead, it declared Monday it will spin-off its keno and lottery units into a separate publicly traded...
Apollo Seen as Leading Contender for William Hill Assets, But Entain Lurking
Private equity behemoth Apollo Global Management (NYSE:APO) is rumored to be in the pole position to win William Hill's international businesses. But Entain Plc (OTC:GMVHY) could be mulling a bid, too, according...
Scientific Games Earns Analyst Praise for Lottery, Sports Betting Divestment Plans
Earlier this week, Scientific Games (NASDAQ:SGMS) revealed plans to part with its lottery management and sports wagering businesses. The move is drawing applause from Wall Street. In a note to clients, Stifel...
Crown Melbourne Allegedly Allowed Woman to Gamble for Four Straight Days
The inquiry into Crown Melbourne heard testimony in May that the casino allegedly allowed a woman to gamble for 96 hours straight. Victoria formed a royal commission into Crown Resorts in February....
Tabcorp Rumored to Be Talking with Apollo, Entain
The rumor mill pertaining to Tabcorp's plans to perhaps sell its media and sports wagering units continues spinning.? Speculation is emerging that the Australian gaming company is holding discussions with suitors Apollo...
Powerball Revamping Lottery Schedule, Adding Monday Draw
Powerball is expanding its schedule to include a third weekly drawing of the massively popular interstate lottery game.? Lottery officials confirmed today that Powerball plans to add a Monday night drawing beginning...
Sports Betting, iGaming Consolidation Activity Has Long Runway Ahead, Say Analysts
Still in its nascent stages, the domestic online casino and sports wagering industries are thriving. That growth is expected to add to an already brisk pace of mergers and acquisitions and other...
Scientific Games Divesting Lottery, Sports Betting Units, Eyes IPO or SPAC Deal
Scientific Games (NASDAQ:SGMS) stock is rallying Tuesday. That's after the gaming equipment maker said it will divest its lottery management and sports wagering units as part of an ongoing effort to deleverage...
Entain Could Again Raise Offer for Tabcorp Media, Sports Betting Units
Rumors are swirling that Entain Plc (OTC:GMVHY) could again increase its bid for Tabcorp's media and sports wagering businesses as competition for those assets intensifies. The UK-based bookmaker is competing with private...