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LATEST NEWS

Elsewhere

AGEM Index rises 8.2% MoM in June, led by Aristocrat’s surge

AGBrief Editorial -
Aristocrat’s sharp share price increase drove the AGEM Index 8.2 percent higher in June, though it stayed below last year’s level.
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Australia

Star Entertainment settles junket tax disputes with Australia’s tax office

Viviana Chan -
Star Entertainment settles GST and withholding tax disputes with Australia's tax office over payments made to junket tour operators.
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Indonesia

Indonesia deports 92 Chinese nationals linked to online gambling, investment fraud

Frank Schuengel -
Indonesian immigration authorities have deported 92 Chinese nationals accused of involvement in an online gambling syndicate and investment fraud operation in Batam, with all of those removed also being placed on the country's lifetime immigration blacklist.
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Macau

Macau police detain 2 mainland men in suspected proxy betting cases

AGBrief Editorial -
Macau police arrested 2 mainland men suspected of livestreaming casino bets through modified clothing for offshore clients.
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Malaysia

Genting Malaysia drops Empire Resorts restructuring after $300M note redemption

Viviana Chan -
Genting Malaysia has dropped Empire Resorts’ restructuring plan after the US unit fully redeemed $300 million in senior notes.
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New Zealand

Australian pension fund sells 15M SkyCity shares, cuts stake below 7%

Viviana Chan -
AustralianSuper has reduced its substantial holding in SkyCity Entertainment Group to 6.95 percent after selling more than 15 million shares in the New Zealand...
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Australia

Australia’s Federal Court imposes $16.8M in penalties over illegal online poker services

AGBrief Editorial -
Australia's Federal Court orders $16.8 million in penalties against providers and promoters of illegal online poker services.
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Taiwan

Former Tak Chun director arrested in Taiwan over $313M World Cup betting ring

Viviana Chan -
Former Tak Chun director Sou Ieng Peng was among 8 suspects arrested in Taiwan over an alleged World Cup betting ring worth $313 million.
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Philippines

Juroszek-linked investors urge DigiPlus to prioritize buyback over land-based investments

Viviana Chan -
Juroszek-linked investor urges DigiPlus to launch a major buyback, arguing its $325 million cash pile is better used than new land-based spend
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Australia

NSW ruling party commits to higher pokies taxes and 10-year cut to machine numbers

AGBrief Editorial -
NSW Labor commits to a pokies license moratorium, higher club taxes and a 10-year reduction in machine numbers across the state.
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