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Fire damages SkyCity Auckland convention centre
SkyCity Entertainment Ltd.’s landmark international convention centre in downtown Auckland has been severely damaged and its future is uncertain after a massive fire ripped through the NZ$700 million centre and associated five-star hotel.
Credit card gaming ban to be implemented
The New Zealand Department of Internal Affairs is planning to implement a ban on the use of credit cards for online gambling, local media reports.
Donaco proposes name change
Donaco is proposing a name change to Pan Asian Leisure as a statement that it’s leaving the past behind following an “unacceptable” financial performance.
Crown reaches accord over $270m tax bill
Crown Resorts said it has reached an accord with the Australian government over a U$270 million tax bill related to its investment in Cannery Casino Resorts in the U.S.
Donaco swings to profit on Vietnam, cost controls
Donaco International said it swung to a profit in the September quarter, helped by a strong performance from its property in Vietnam and reduced costs.
Do cashless pokies cause higher losses?
When it comes to gambling, Australians are the world’s biggest losers. Based on average losses, in 2017 every person lost the equivalent of AU$1,000.
Silver Heritage chairman, non-exec. director quit
Silver Heritage Group said its Chairman James Spenceley and Non-Executive Director Michael Bassett have resigned from their positions to pursue other interests.
In a statement...
Crown employees down tools in pay standoff
Employees of Crown Resorts in Melbourne downed tools on Tuesday and threatened the first strike in 16 years to press for wage increases and better conditions.
Second whistleblower accuses Crown of customs offences
Tasmanian MP Andrew Wilkie plans to call for a royal commission inquiry into Crown Resorts after a second whistleblower claimed the company is helping VIPs to bypass customs.
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IMF explains Macau forecast cut
The IMF has explained why it cut Macau’s economic forecasts for this year, blaming a negative performance in the first half, falling investment and lower gambling revenue.
