Australian casino operator Star Entertainment said its gross gambling revenue was up 37 percent year-on-year in the five months from January to May, highlighting the resilience of Australia’s domestic market.
Australian wagering giant Tabcorp on Thursday said it has received a revised proposal from Apollo Management to acquire its wagering & media and gaming services businesses for A$4 billion.
This week's AGB Podcast features Australian hospitality recruitment executive Jeffrey Williams, CEO of Barcats, who gives a deeper dive into Australia's hospitality staff shortage crisis.
Crown Resorts said its casino in Perth will close again due to renewed Covid restrictions in Western Australia, this time until May 8th.
The total amount spent on gambling in Australia in the fiscal year ending June 2019 rose 0.5 percent to A$25 billion, although casino revenue dropped 4.8 percent.
Crown Resorts said New South Wales regulators have granted the company a further extension of its liquor license at its Sydney property until the end of October.
The U.K.'s Entain Group has upped its offer for Tabcorp's wagering & media unit by $0.5 billion to $3.5 billion, which analysts at J.P. Morgan estimate is still too low.
Crown Resorts has received the maximum fine possible under the Casino Control Act for its lax control over junket operations at its flagship Crown Melbourne property.