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1611 results for "australia"
Gaming Machines in New South Wales Invite Money Laundering, Says Report
The Australian state of New South Wales (NSW) has been exploring ways to reduce gambling harm and potential money laundering in slot machines for months. However, its efforts might be facilitating greater...
Aquis Agrees to Sell Casino Canberra for $63M
Aquis Entertainment has accepted an AU$63 million (US$43 million) bid for Casino Canberra from development and hospitality group Iris Capital. The agreement followed a bidding war between Iris and rival Australian hospitality...
Philippines Casino Operators to Put a Leash on Junkets
Following the Suncity Group debacle that brought the casino junket sector to its knees, regulators in several regions began tightening their controls. The Philippines was among them, but the Philippine Amusement and...
South Korea to Las Vegas Nonstop Flight Service Resumes Aboard Korean Air
South Korea and the most iconic casino destination in the world are once again linked via nonstop flight service aboard Korean Air. The 13-hour journey from South Korea's Incheon International Airport to...
Jackpot: Laughlin Slot Player Wins More Than $1M in Nevada Casino
An unidentified player has hit the jackpot for more than $1 million at Laughlin, Nev.’s Aquarius Casino Resort. The payout reportedly was won this week on a penny slot. The total prize...
MGM Could Mull Another Offer for Entain at 50 Percent Premium, Says Citi Analyst
MGM Resorts International (NYSE:MGM) could ready another takeover offer for its BetMGM partner Entain Plc (OTC:GMVHY) after failing in that pursuit in January 2021. A combination of Entain’s slumping share price and...
Queensland Lands $30M Lottery Winner, but International Competition on the Rise
Only about a week ago, someone from Canberra, Australia, picked up AU$60 million (US$40.77 million) after matching all the right numbers in a Powerball lottery draw. The latest Oz Lotto draw has...
Crown Resorts Passes First Remediation Test, Taps Wynn Executive as New CEO
After Victoria, Australia, determined that Crown Resorts was not suitable to hold a casino license, it gave it a second chance. The state put it on probation for two years and, six...
Casino Canberra Gets Mystery Second Bid, Aquis Trading Suspended on ASX
Hong Kong-based Aquis Entertainment has received a surprise offer from a mystery bidder to acquire its Australian property, Casino Canberra. The latest approach triggered Aquis to request a trading halt of its...
Crown Resorts Faces New Victoria Probe, Eight-Figure Fine
Crown Resorts has already paid AU$80 million (US$57.5 million) for breaking the rules in Victoria but may have to pay more. The Victorian Gambling and Casino Control Commission (VGCCC) is launching a...