Monday, March 8, 2021
Home Australasia

Australasia

Crown WA probe to take form of Royal Commission

Crown Resorts said a probe into its suitability to hold a casino license in Western Australia will take the form of a Royal Commission. The company is also facing the country's move wide-reaching form of inquiry in Victoria.

SkyCity says Auckland property to reopen from March 7

SkyCity Entertainment said its Auckland casino will be allowed to reopen from Sunday, March 7, with physical distancing requirements in place, after New Zealand moved the city to Alert level 2.

FBI investigating police at Guam ports and airport for illegal gambling

The FBI have entered an ongoing scandal in which police at Guam’s ports and airports are under suspicion of engaging in illegal gambling.

IPI financial suitability questioned; license suspension or revocation possible

In a clutch of new developments in Saipan, the Commonwealth Casino Commission Chairman Edward C. Deleon Guerrero questioned Imperial Pacific International’s financial suitability to maintain its casino license, noting that should the license be suspended and sufficient remedial action not taken, the license may be automatically revoked,

Crown confirms regular Victoria license review not proceeding

Crown Resorts confirms that the seventh review of its suitability to hold a casino license in Victoria will not proceed as scheduled due to a separate Royal Commission probe into its business practices.

Crown ripe for LVS purchase: Bernstein

The sale of Las Vegas Sands’ Vegas properties for $6.25 billion could be an opportunity for Sands to put their boots down in Australia through a purchase of Crown Resorts, according to Bernstein analyst Vitaly Umansky.
Imperial Pacific International

IPI lawyer warns receivership could lead to full liquidation

Imperial Pacific International lawyer Michael Dotts has advised the federal court that putting the firm’s local assets into receivership could lead to a “full liquidation.”

Blackstone remains bullish on hotels, experiential travel

Blackstone Group, a major shareholder in Crown Resorts, says hotels and experiential travel remain on its "high conviction" list for investment.
imperial pacific international

CCC director wants IPI license suspended, revoked if necessary

Commonwealth Casino Commission executive director Andrew Yeom has asked the commissioners to suspend the casino license of Imperial Pacific International, which has racked up 16,165 regulatory violations. 

Various formulas mulled to reduce Packer’s influence on Crown Resorts

Various formulas are under consideration to reduce James Packer’s extraordinary influence over the governance of Crown Resorts, although this may not necessarily involve him selling down his 37 percent stake.

All set for the FBM slots expansion campaign in Asia

FBM has been developing its slots offer over the last three years, with operations established in Europe and North America. The company is now accelerating its slots expansion campaign in Asia
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Agbriefings February 21

Asia Gaming Briefings – Feb 2021 Edition

The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
news, macau, gambling

Asia Gaming Briefings – Nov 2020 Edition

While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.