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NZ race reform hits hurdles
The Minister of Racing is now taking a more cautious approach to reform of the racing industry after intense lobbying from racing clubs, warnings that the reforms are unworkable and signs from his majority coalition partner that it will not support some of the proposed changes.
Donaco plans strategic review, debt restructuring
Australia-listed Donaco International said it’s conducting a strategic review of its businesses, including a potential restructuring of an almost $40 million debt to Mega Bank.
Donaco’s Lim to take three-month hiatus
Australia-listed Donaco International on Thursday announced that its chief executive, Mr. Joey Lim will be taking a three-month hiatus to “deal with health and...
14 now charged in race-fixing inquiry
Twelve more charges alleging race fixing have been laid against nine defendants including one new defendant in the New Zealand Police’s race-fixing inquiry.
This...
Reef Casino Trust sees lower 2018 profit
Reef Casino Trust, a unit of Casinos Austria and Accor Casino Investments, says it expects lower profit in the 2018 financial year, due to a slower Chinese economy, competition from local slots and lower hotel rentals.
Australia launches online wagering harm protection framework
The Australian government has introduced the country’s first national protection scheme for harm related to online wagering.
On Friday last week, Federal Minister for...
SKYCITY faces Queenstown license dilemma
SKYCITY has a problem in Queenstown, New Zealand’s premier resort town and it knows there are no easy solutions.
Aristocrat saw strong growth from US and ANZ business in FY18
Australian slot supplier Aristocrat Technologies reported a 44.7 percent rise in revenue for the year ended September 30, 2018, driven by record results from...
Ainsworth warns profit decline in first half of FY19
Ainsworth Game Technology has announced it is expecting a 29.2 percent year-on-year decrease in profit for the first half of FY19, due to “highly...
IPI forced to let go of 100 employees this week
Nearly a hundred employees of Imperial Pacific International have been laid off this week, as the post-typhoon tourism slump continues, according to a report...
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The 13 operator reports widened loss in six months
South Shore Holdings Limited, operator of The 13 in Macau, posted a significantly widened loss of HK$433.6 million (US$55.4 million) for the six months...
SKYCITY faces Queenstown license dilemma
SKYCITY has a problem in Queenstown, New Zealand’s premier resort town and it knows there are no easy solutions.
14 now charged in race-fixing inquiry
Twelve more charges alleging race fixing have been laid against nine defendants including one new defendant in the New Zealand Police’s race-fixing inquiry.
This...
Global gaming growth to decelerate in 2019: Fitch
Global gaming growth is expected to decelerate with the slowdown of the Chinese economy, stiffening European regulations and the tapering of recovery in Las...
