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1611 results for "australia"
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...
Aussie Trainers Accused of Torturing Horses in Melbourne Cup Betting Conspiracy
Australian thoroughbred trainer Darren Weir told Ballarat Magistrates Court near Melbourne of his love of horses Wednesday, adding that he did not “train them for the punt .” Weir is accused of...
DraftKings, FanDuel, PointsBet Refund Djokovic Bets After Stunning Default out of US Open
DraftKings, FanDuel, and PointsBet said Sunday gamblers backing Novak Djokovic at the US Open will have select wagers refunded. That's after the world number one shockingly defaulted out of the Grand Slam...
Flutter Yanks PokerStars Out of China, Other Nearby Markets
Flutter Entertainment is turning off its PokerStars unit in China, Macau, and Taiwan, exiting some markets it gained access to via the recently completed acquisition of The Stars Group (TSG). Earlier this...