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1611 results for "australia"
Casino Tax Hike Blocked by New Government in New South Wales
The Australian state of New South Wales (NSW) has transitioned to a new government following a recent election. This has signaled a number of changes for the gaming industry that might not...
PointsBet to Engage with DraftKings in Takeover Talks
PointsBet (OTC: PBTHF) announced Sunday that its board of directors are evaluating a $195 million, all-cash bid for its US business submitted last Friday by DraftKings (NASDAQ: DKNG). It plans to engage...
DraftKings Bids $195M for PointsBet US Biz, Tops Fanatics Offer by 30%
DraftKings (NASDAQ: DKNG) on Friday unveiled a $195 million all-cash offer for PointsBet’s (OTC: PBTHF) US unit, topping a $150 million bid submitted by Fanatics a month ago. In terms of percentage,...
Crown Resorts to Pay Another $13M for Tax Evasion
Australian casino operator Crown Resorts can't shake the bad luck that's been following it since state-led inquiries found it unsuitable to hold a casino license. Its long-running participation in money-laundering schemes and...
The Guardian Ditches Gambling Advertising Globally Across Print and Web
The Guardian Media Group has announced a global ban on gambling advertising, forgoing multiple millions in revenue. The move is designed to bring the left-wing UK-based media group’s revenue streams into alignment...
Entain Ready to Purchase Polish Gaming Operator STS Holding After Selling Equity
Global online gaming giant Entain recently announced that it has been working on a deal to purchase STS Holding, the largest sports betting operator in Poland. It has now completed its mission,...
888 Activists Propose New Management Team with Kenny Alexander as CEO
FS Gaming Investments, the group that last week revealed a 6.57% stake in 888 Holdings, is putting forth a new management slate. That includes former GVC CEO Kenny Alexander for the same...
US Open at Unfamiliar Los Angeles C.C. Has Bettors Struggling to Determine Favorite
The 123rd US Open returns to California for a 15th time this week, but the national championship is being played at Los Angeles Country Club for the first time. LACC, as the...
Blackstone Boss Pumps Up Crown Resorts, as New Owner Plans Major Upgrades
Blackstone, the world's biggest investment firm, is cautioning that an expanding credit crunch occurring in the US could potentially drain the worldwide economy. However, this won't hinder Blackstone's substantial investment toward one...
IGT to Explore Alternatives for Global Gaming, PlayDigital Units, Shares Soar
International Game Technology (NYSE: IGT) was one of Thursday’s best-performing gaming equities after the slot machine manufacturer said it will explore strategic alternatives for its global gaming and PlayDigital units. Those options...