News - Page 10

Wpt Online Via Partypoker Will Kick Off Season Xix

The pandemic sidelined the World Poker Tour – at least from the live poker tournament scene – since March 2020. For nearly one year, the WPT offered only online poker tournaments via its long-time partnership with partypoker. While WPTDeepStacks just jumped back into live poker with its stop in Hanoi,...

Skycity Hopes to Raise $125m Via Bonds

New Zealand headquartered SkyCity Entertainment wants to raise $125 million via bonds and has flagged its earnings will be well below pre-pandemic levels. NZ Herald reports the gaming, entertainment and hospitality business has released an offer document showing how it can receive an additional $50 million, taking the offer up...

Crown Resorts Fined $1m By Victorian Regulator

The Victorian gambling regulator has dished out a $1 million fine to Crown Resorts over its failure to vet high-roller junket tour partners for criminal links. The Sydney Morning Herald reports that the Victorian Commission for Gambling and Liquor Regulation said the fine was the maximum amount it could impose...

Tassie Pokies Figures Reveal Post Lockdown Boom

More than half a million dollars per day has been lost on Tasmanian poker machines after the COVID-19 lockdown, an increase of $70,000 compared to a year ago. The Guardian reports that more than $180 million has been lost on Tasmanian poker machines since January 2020, according to data from...

Bgh Capital Throw Its Hat In Crown Takeover Ring

Another potential suitor is considering lining up an offer to take over embattled casino operator Crown Resorts. The Australian Financial Review reports that as BGH Capital is considering a tilt at Crown Resorts, following American private equity groups Blackstone and Oaktree Capital trying to get Crown to engage on their...

Alice Springs Casino to Be Sold For $105m to Sydney Investors

An Alice Springs casino has been eyed off by a Sydney entrepreneur with a $105 million purchase. The Weekly Times reports that pub and development entrepreneur Sam Arnaout’s private Iris Capital picked up the Alice Springs casino from Singapore-based Lasseters International, which has been seeking to offload the property for...

Habanero Games Wows In 2021 With Orbs And A Prince

Wa Royal Commission Into Crown Commences

The West Australian Royal Commission into Crown Resorts’ Perth operations got underway on Monday. Asgam reports the royal commission will work with a mandate to explore the company’s suitability to hold a casino gaming licence for Crown Perth and the adequacy of the state’s regulatory framework. The royal commission is...

Lawrence Ho to Receive $10m Worth of Melco Shares

Casino chairman and chief executive Lawrence Ho has been granted shares to the value of US$10 million by Melco Resorts and Entertainment, under the company’s Share Incentive Plan. Inside Asian Gaming reports that the grant of 484,956 American Depositary Shares, equivalent to almost 1.5 million Melco Resorts shares, will be...

Online Casino Traffic Up One-third 2020-2021 For Top Sites