Thursday, February 21, 2019
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The challenge of auditing marketing performance

Australasian gaming businesses typically spend between 15 percent to 40 percent of their revenues on marketing. Yet the return on marketing expenditure often defies measurement. Part of the difficulty lies in effective delineation of the marketing function.

Michael Gu eyes Casino Canberra in $32 million transaction

Casino Canberra is on the verge of being bought up by one of Australia’s biggest hotel owners in a potential A$32 million (US$22.6 million)...

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...

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...

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...

Australians still biggest gambling losers

Australians have been named again as the world’s biggest gambling losers by H2 Gambling Capital, according to a report from Casino Guardian. According to...

Crown share plunge hurts Packers’ wallet

Crown Resorts’ 20 percent share plunge has cut more than A$824 million (US$603.1 million) in wealth from investor and casino mogul, James Packer, local...

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Macau Jan. GGR falls less than expected

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SKYCITY’s shares fall as market digests results

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Deloitte Japan fined for violating auditor independence rules

The US Securities and Exchange Commission (SEC) announced last week that Deloitte Tohmatsu (Deloitte Japan) had agreed to pay a $2 million fine to...