Monday, February 17, 2020
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Australian bookies receive record fine for illegal advertising

Australian bookmakers Ladbrokes and Neds have been fined a total of $207,500 for offering illegal gambling inducements to NSW residents, the largest ever fine...

Economic toll deepens, but underlying optimism intact

The Coronavirus, now renamed as Covid-19, has devastated the near-term outlook for Asia’s casino operators, though analysts still expect demand to snap back sharply once the outbreak is under control. The big question is when that might be.

Melco allowed to keep certain documents secret in Crown inquiry

Hong Kong-listed Melco Resorts has won a battle to keep its legally privileged documents secret from public inquiry after a decision was made by...

Donaco appoints two executive directors

Donaco International made a significant step toward restocking its depleted board of directors by announcing the appointment of two new executive directors who “will...

Donaco General Counsel and Secretary Ben Reichel departs this week

The board of Donaco International announced that the company’s long-time General Counsel and Secretary Ben Reichel will leave the business this coming Wednesday, continuing...

Melco abandons Crown stake purchase, cites Coronavirus

Melco Resorts & Entertainment said it’s dropping its plans to buy a second tranche of shares in Australia’s Crown Resorts, citing the economic impact of the Coronavirus on the region.

Anti-gambling senator and Greens leader resigns

Australian senator Richard Di Natale, a notable anti-gambling politician, has resigned as leader of the Greens Party, the third-largest political party in Australia.  Natale has...

ASX green lights $1 million loan to SVH

Silver Heritage Group has been given the final green light from the Australian Stock Exchange to proceed with its receipt of a $1 million...

SGR downgraded on soft consumer outlook: JP Morgan

A soft domestic outlook and potentially weak consumer sentiment over the next few months will subdue Star Entertainment Group’s earnings in their Sydney and...

SkyCity Adelaide rolls out Tiger Baccarat

SkyCity’s Adelaide casino has now launched Tiger Baccarat, the first to do so in Australia and New Zealand following a successful rollout of the...

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Macau government orders two-week closure of all casinos

Chief Executive Ho Iat Seng has announced that all 41 of the territory’s casinos must be shut for a period of at least two...

MGM only accepted bidder for Osaka IR

The Osaka Prefectural Government released a press statement on Friday regarding the screening of candidates for the Osaka Yumeshima IR. Only one candidate made...

SunCity grants employees special leave during casino closure

Macau junket operator SunCity Group is granting its employees special paid leave during the 15-day closure of casinos in Macau, local media reports. SunCity CEO...

Coronavirus live updates: Too early to know if the peak is near: WHO

The latest news and updates on the COVID-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

Seven Macau hotels have suspended operations

A total of seven hotels in Macau are known to have suspended operations as a result of sharply lower visitation and countermeasures against the...