Australia

The merger of Tabcorp and Tatts Group is back on track after the Australian Competition Tribunal ruled on Friday that the merger is allowed proceed again.

Lottoland, which was barred this week from taking bets on domestic Australian lotteries, vows to press on with its international business in the country and warned that the growing online operations of the incumbents pose a greater threat than it does to agents and ticket sellers.

Lottoland, which was barred this week from taking bets on domestic Australian lotteries, vows to press on with its international business in the country and warned that the growing online operations of the incumbents pose a greater threat than it does to agents and ticket sellers. The ban follows a simmering campaign against the company by critics who claim the government is losing tax revenue and news agents and other lottery sellers and taking a hit. 



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Lottoland has been barred from accepting bets on the outcome of Australian lotteries, after a decision was handed down from Northern Territory Attorney-General Natasha Fyles on Tuesday.

Casino operator SkyCity Entertainment Group says it expects “modest growth” for the 2018 financial year, based on year-to-date figures.

Australia’s casinos are seeing an improvement in their VIP business and can look forward to a brighter year in 2018, as the market recovers from a collapse triggered by the detention of Crown Resorts employees in China.

The Exhibition and Event Association of Australasia (EEAA) yesterday announced the 2017 Australasian Gaming Expo as a finalist in its premier annual awards.

Australia-listed Silver Heritage Group says it has recorded gross profit if US$5.1 million for the nine months year-to-date, up 20 percent over the same period in FY16.

ASX-listed Tabcorp Holdings Ltd recorded a statutory loss in the first quarter of FY18, as a result of a number of significant items.

Star Entertainment Group chairman John O’Neill says his company is in a state of “eternal vigilance” regarding losing its monopoly in the Sydney casino market.

Crown Resorts says it will continue to invest significantly in its Australian properties to remain competitive with new integrated resorts emerging across Asia and Australia.

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