BetMakers posts record quarter, with AU$8.9mln in cash receipts
Australia’s BetMakers Technology Group says that it has recorded its “strongest quarter to date” in the quarter ending June 30th.
Five banks in focus for IPO of SG lotteries arm
Five Australian investment banks are reportedly in line to set up what could become the largest IPO on the Australia Securities Exchange, as Scientific Games (SG) seeks to list its global lotteries arm.
Tabcorp chairman denies move to demerging lottery business due to flagging confidence
The chairman of Tabcorp has told media that his decision to take the helm of the company's lotteries entity does not have to do with a lack of confidence in Tabcorp's wagering and media arm
Tabcorp rejects wagering bids, to spin off lotteries arm
Australia's largest gambling operator Tabcorp is signalling that it is open to higher takeover bids for its wagering division, after rejecting multiple earlier proposals.
Real estate firm CBRE Group acquires Union Gaming
Las Vegas-based Union Gaming has been acquired by real estate services and advisory firm CBRE Group Inc.
Melco’s Lawrence Ho to launch $150m SPAC on NYSE
Melco Resorts & Entertainment Chairman Lawrence Ho is planning to launch a $150 million special purpose acquisition company (SPAC) on the New York Stock Exchange (NYSE).
Suncity completes sale of Access Achievement
Suncity Group said it has completed the disposal of its wholly-owned subsidiary, Access Achievement, for HK$184.42 million ($27.7 million).
Pansy Ho appointed vice-chairman of Phoenix Media
MGM China co-chairperson and Shun Tak executive chairwoman Pansy Ho has been appointed as the vice-chairman of Hong Kong-based Phoenix Media Investment Ltd.
Responsible gaming is broken and KYC is the fix
Responsible gaming is finally taking center stage in our industry. However, after reading an article about the Responsible Gaming Violations at Crown in Australia, it is clear that there is a serious disconnect between policy and patrons.
Interview with Don Carducci: Bidders for Crown, will we see a winner?[video]
Asia Gaming Brief Asia Editor Felix Ng sits down with JP Morgan Equity Research Analyst Don Carducci about some of the recent bids for Crown Resorts’ shares, as well as a surprise merger proposal from rival casino operator The Star Entertainment Group.
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WDTS gets $35m investment from Beach Point
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Star says Sydney closure extended, Queensland eases
Australia's Star Entertainment said its casino in Sydney will remain closed until August 28th due the government's lockdown restrictions for the city and surrounding area, but operating restrictions have eased in Queensland.