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Packer agrees distancing measures from Crown with regulator

Crown Resorts' largest shareholder has reached an accord with the New South Wales regulator under which it agreed not to seek representation on the board, share information with the company or have discussions that are not in a public forum.
crown melbourne

Blackstone sees probity nod for Crown by Q3

U.S. private equity firm Blackstone has provided more details on its bid for Australian operator Crown Resorts, saying it expects to clear the country’s notoriously tough probity checks by the third quarter of this year.
james-packer, crown resorts

Packer hires adviser on Crown sale

Australian billionaire James Packer has made a small but potentially significant move in the takeover play for Crown Resorts saying he is open to offers for his 37 percent stake in the operator.
james packer, crown resorts

Packer to follow Crown board on bid

Billionaire James Packer plans to abide by the decision of Crown Resorts' board on whether to accept an A$8 billion ($6.2 billion) bid from Blackstone Group, reinforcing the company's negotiating stance.
The Crown has slipped but will it fall

Blackstone unlikely to win Crown at current offer price: J.P. Morgan

Blackstone is unlikely to win approval from Crown Resorts’ board or shareholders with its current A$11.85 bid, J.P. Morgan analysts wrote in a note.

Crown may face monthly liquor license extensions

The New South Wales Independent Liquor and Gaming Authority said it may be willing to roll over Crown Resorts' liquor license on a monthly basis while regulators deliberate whether it can regain suitability for its casino license.

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.

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.

International Entertainment hires advisors to ensure casino compliance

International Entertainment said it has hired various advisers to provide a legal opinion on the operation of casinos and gaming activities and to review the company's internal control policies in order to comply with a guidance letter from the Hong Kong Stock Exchange.

Victoria sets up royal commission for Crown’s Melbourne license

The Victorian government is setting up a royal commission to probe whether Crown Resorts is suitable to hold a license for its flagship property in Melbourne.
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.
Asia Gaming Briefings, april 2021

Asia Gaming Briefings – April 2021 Edition

In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
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.