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1611 results for "australia"
Tabcorp Shareholders Overwhelmingly Approve Company Breakup
Tabcorp, the Australian gaming operator, is a step closer to dividing the company. Shareholders have approved a demerger plan the company began working on almost a year ago. The wait is almost...
Blackstone Lavishes $5K Bonuses Upon Cosmopolitan Staffers
Talk about a parting gift. Blackstone (NYSE:BX) will soon cede operational control of the Cosmopolitan Las Vegas to MGM Resorts International (NYSE:MGM). But the private equity company is doling out $5,000 bonuses...
Star Entertainment Accused of Misleading Investors by Denying Media Exposé
On Wednesday, an inquiry into Star Entertainment’s suitability to hold a license in the Australian state of New South Wales questioned whether the company misled investors. That's following media accusations of links...
Venetian Operator Apollo Reportedly Involved in Financing Musk Twitter Takeover
Private equity firm Apollo Global Management (NYSE:APO), which operates the Venetian integrated resort on the Las Vegas Strip, is rumored to be in talks to contribute financing for Elon Musk’s $44 billion...
Star Entertainment Shuts Down Rebates, Says Goodbye to Three More Executives
Star Entertainment in Australia is in a constant state of flux. The casino operator faces the loss of its license in New South Wales, but hopes that making internal changes will stave...
Melco Resorts’ Lawrence Ho No Longer a Billionaire, as Stock Continues Drop
Melco Resorts made Lawrence Ho extraordinarily rich. But the Hong Kong-based gaming company that holds one of the six coveted casino concessions in China's Macau is also responsible for the 46-year-old recently...
Monmouth Park About to Make History Again as Fixed-Odds Horse Racing Starts Sunday
UPDATE 5/7 2:45 pm ET - Monmouth Park officials announced Saturday's eight-race card was canceled due to heavy rains and strong winds. The New Jersey track's 2022 meet, which will include fixed-odds...
Flutter Loses Millions on Mandatory Safety Measures in the UK
Flutter Entertainment increased its group revenue by 6% in the first quarter of the year. However, the figure could have been better had it not implemented new safety measures in the UK...
Star Entertainment Exec ‘Stole $13.3M’ from Junket Operator and Went on the Lam
Star Entertainment’s senior VP of international marketing “disappeared” in 2020, allegedly with AU$13.3 million (US$9.7 million) belonging to a Chinese junket operator. That’s the latest explosive revelation from an ongoing inquiry in...
Everi Holdings Acquires Historical Horse Racing Manufacturer Intuicode
Everi Holdings announced today that it has acquired historical horse racing (HHR) developer and manufacturer Intuicode Gaming. The deal is for a total consideration of between $22 million to $27 million. Everi,...