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Paddy Power operating profits boosted by Australia and mobile

  Dublin-based Paddy Power has seen its profits rise by 31 percent, despite large investments in expanding into Italy.  Cormac McCarthy, chief financial officer, attributed...

Strong revenue growth for Ainsworth Game Technologies

  Sydney-based Ainsworth Game Technologies reported a rise in revenues of 41 percent for the second half of 2012, with EBITDA growing 31 percent to...

ARL great blames gambling for sports stars’ problems

Australian rugby league commentator and former star player Peter Sterling said in a broadcast interview that gambling, rather than drugs, was responsible for the...

Echo’s profits slips, Treasury relocation up

  Echo Entertainment's posted a 5.3 percent dip in net profits to $68.09 million in the six months to December 31 due to higher taxes...

Greens Senator calls for inquiry into sports and gambling

  Victorian Greens Senator Richard Di Natale, party spokesperson for gambling and sport, said that he will move for an inquiry into the promotion of...

Tabcorp profits down, mobile revenue up

  Tabcorp reported a net profit of USD $75.3 million for the first six months of the 2012/13 financial year, down 61.5 percent from the...

William Hill pays bonuses to retain key Australian directors

  William Hill has arranged to pay up to USD $23.7 million to hold on to four members of Sportingbet’s management team in Australia following...

Adelaide expansion approved

SkyCity (SKC:NZX) was granted approval from the South Australia government after more than two years of negotiations to revamp its Adelaide property in a...

Australia wants stricter laws for gambling apps

A virtual poker machine game has been named as the country’s highest grossing phone and tablet app, causing critics and regulators to call for...

New federal framework for Australia slots

For the very first time the Australian Federal government has legislated to regulate gaming machines. Up until now, the States and Territories in Australia...

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Australia likely to keep borders closed until next year

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Macau SLOT sees 30% profit drop in 2019

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Singapore GGR may take years to fully recover: Bernstein

Bernstein Research issued a note on Monday anticipating a slow recovery for Singapore’s casinos once they reopen on July 1, with GGR unlikely to...