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.

Australia’s Black Economy Taskforce is warning punters against using illegal bookmakers during the major sporting events in the year ahead.

Australian wagering giant Tabcorp has pleaded guilty for failing to include a gambling warning notice on a promotion involving jelly beans and mints.

Gaming mogul James Packer says he has no intentions to expand his gaming empire to Japan, and would rather focus on developing Crown’s flagship casino in Sydney.

There is renewed speculation that SkyCity may put its troubled Darwin casino up for sale after comments from SkyCity’s new chief executive at an AGM in Auckland.