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The Star Casino Gold Coast Celebrates 35 Years of Business
Star toasts 35 years on the Gold Coast The Star Gold Coast celebrated a milestone this week, its 35th anniversary since opening on November 23, 1985. Originally called The Conrad Jupiters Casino and Resort, the establishment was renamed Jupiters Casino in 2010 before changing to The Star Gold Coast…
Crown Resorts Battles Gambling Regulator | Blackstone Possible Buyer
Blackstone could be Crown’s saviour as analysts trumpet Star merger As Crown Resorts’ battles with the New South Wales gambling regulator continue, private equity firm Blackstone looks well suited to be a buyer for the operator, should it wish to sell. Business Times reports the delay of the opening…
Australians Spend Big on Lotteries in 2020 | Keno & Powerball
South Australians spend big on lotteries A new report by the Lotteries Commission of South Australia has revealed that residents gambled a record $552 million on lotto tickets and won $331 million. The Advertiser reports that while the search continues for a lucky punter who purchased a ticket in…
Crown Melbourne Opens To More Patrons | Reintroduce Table Games
(Photo by William WEST / AFP) (Photo by WILLIAM WEST/AFP via Getty Images) Crown Melbourne opens to greater numbers; reintroduces table games As controversy follows Crown Resorts’ new casino in Sydney, it’s Melbourne venue will reopen to more patrons and reintroduce table games this week. The Australian Financial…
Aristocrat Pays Shareholders Dividends as COVID-19 Continues
Aristocrat pays shareholders dividend as virus recovery continues Australian poker machine manufacturer Aristocrat Leisure will pay shareholders a dividend, The Australian reports. This is despite the company taking millions of dollars from the Federal Government’s JobKeeper payments and halving its full-year net profit. The company accessed $13.3 million from…
Aussie Millions Poker 2021 Event Cancelled
Aussie Millions poker event postponed indefinitely The coronavirus pandemic has forced the indefinite postponement of the 2021 Aussie Millions, which may not return in 2021. Cards Chat reports that Melbourne’s Crown Casino made the news public via an announcement on its website, citing safety concerns at the popular tournament.
Packer Distances Himself From Junket Trade
Crown Resorts’ major shareholder James Packer had a “rare and superficial” relationship with Asian junket operators. That is what the New South Wales Independent Liquor and Gaming Authority probe heard last Friday during closing submissions. Barrister Noel Hutley, acting for Mr Packer and his private investment company Consolidated…
AUSTRAC Report: Australian Crime Watchdog Aware of Junket Risks
Australian crime watchdog aware of junket risks Australia’s financial crimes watchdog has said it is powerless to stop casinos using junket operators and tainted funds from entering Australia. The admission comes as a 2017 AUSTRAC report revealed the regulator was aware Asian junket operators used by a swatch of…
Sydney Man Kidnaps Child Over Gambling Debt
Sydney man kidnapped child in attempt to recover gambling debt sentenced to jail A Gold Coast child was kidnapped to recover a Sydney man’s $5.5 million gambling debt, the Southport District Court has heard. The ABC reports that Zhen Jie Zhang, 55, has been sentenced to seven years’ jail…
James Packer’s Legal Team Distance him from Crown Failures
Packer’s Legal Team Looks to Distance him from Crown Failings Crown Resorts’ numerous failings, as outlined by a New South Wales government inquiry, are not all James Packer’s fault. That’s the assertion made by lawyers for Consolidated Press Holdings, the private investment company of James Packer. The Australian Financial…