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Coles to sell pubs chain to Australian Venture Co

Australian grocery chain Coles Group Ltd on Tuesday announced it will be establishing a joint venture with KKR-owned Australian Venue Co Ltd (AVC) for...

Crown Resorts denied extension for Melbourne project

Crown Resorts said it and its joint venture partner, the Schiavello Group, have been denied an extension for construction to begin at its proposed hotel tower in Melbourne.

Donaco results still hampered by ongoing litigation

Australia-listed Donaco International is still dealing with the impact of its ongoing legal battle with its former Thai vendor, recording a statutory loss of A$36.8 million for the six months ended Dec. 31, 2018.

Aquis Entertainment posts $3.3 million loss

Australia-listed Aquis Entertainment saw a slight increase in gaming revenue in 2018, up 0.87 percent, as the company made continuing efforts to improve awareness...

Ainsworth H1 results hit by weak domestic business

Ainsworth Game Technology said its H1 normalised profit after tax fell by 47 percent on the back of a weak domestic performance, though its international business was strong and it expects a pick up in the second half.

Shortlisted operators for Cairns IR to be announced soon

David Edwards, projects chief executive for the Queensland tourism development department says the list of shortlisted operators for the Cairns IR project will be...

Star CEO optimistic about VIP future, but locals still important

Despite the company recently reporting a downturn in VIP turnover, Star Entertainment CEO Matt Bekier said he is optimistic about the VIP tourist market...

Star Ent FY19H1 results boosted by high win rate

Australia-listed Star Entertainment Group saw its net profit after tax (NPAT) increase 351.4 percent year-on-year in the first half of the 2019 financial year,...

Chinese spending slowdown hits Crown’s VIP biz

Australia-listed Crown Resorts saw its VIP revenue decline by 12.2 percent in the first half of the 2019 financial year, reflecting what Crown describes...

Scientific Games and Tabcorp elevate keno experience in Australia

Scientific Games Corporation today announced that it is collaborating with gaming giant Tabcorp, to enhance its keno offering in pubs and clubs across Australia....


Note offer still allows MGM room for funding: Fitch

MGM China Holdings says it’s raising $1.25 billion through a private placement of senior notes to help repay outstanding funds under its credit facility.

Hoiana center of Suncity expansion plans in Southeast Asia

A representative of SunCity Group says that its Hoiana IR project forms the center of the group’s expansion plans for Southeast Asia, according to...

Bright future seen for gaming growth

Despite short-term headwinds from China’s slowing economy and trade friction with the U.S., analysts remain optimistic Macau will retain its crown as Asia’s top gaming hub.

DICJ boss skips G2E Asia due to illegal gambling concerns

The head of the Gaming Inspection and Coordination Bureau, Paulo Martins Chan, who was scheduled to deliver a keynote speech at G2E Asia yesterday,...

India tax officials question fantasy sports GST best practice

India’s tax authorities are currently working out how to best tax online fantasy gaming businesses, after launching an inquiry into how GST is calculated,...