Aquis Entertainment no longer eligible for Australia’s COVID worker subsidies
Aquis Entertainment, owner and operator of Casino Canberra in Australia’s national capital, says it is no longer eligible to claim the government’s COVID-19 JobKeeper scheme after staging a strong recovery in 4Q20. In a Tuesday filing, the company confirmed it...
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OPINION: Crown Resorts looks a natural fit for US casino giant Las Vegas Sands
Reports this week that Las Vegas Sands (LVS) supremo Sheldon Adelson and Crown Resorts’ biggest shareholder James Packer moored their superyachts alongside one another in the French Caribbean on New Year’s Eve have sent the global gaming gossip network into...
“Strategic initiatives” drive Donaco to positive EBITDA in October and November
Australian-listed Donaco International Ltd says it returned to group-wide positive EBITDA in October and November, driven by “strategic initiatives” and cost-cutting measures implemented at its two Southeast Asian casinos. In a business update filed early Friday, Donaco revealed EBITDA of...
Crown Sydney to commence first non-gaming operations on 28 December after regulator grants interim liquor license
Australia’s Crown Resorts says it will commence the operation of some non-gaming attractions at Crown Sydney from 28 December 2020 after the NSW Independent Liquor and Gaming Authority (ILGA) approved an interim liquor license on Wednesday. The license, which applies...
Crown Resorts served with writ over class action, promises to defend against allegations
Australia’s Crown Resorts says it will “vigorously defend” itself against a class action being brought by shareholders accusing the company of misleading or deceptive conduct by claiming it had robust anti-money laundering systems in place. The class action was revealed...
Crown Resorts facing new class action as investors seek compensation for lack of compliance, share price declines
Australia’s Crown Resorts is facing yet another legal battle after a local law firm launched a new shareholder class action accusing the company of misleading or deceptive conduct. According to a report by The Sydney Morning Herald, renowned Australian-based law...
Two Star Sydney employees sacked and banned for five years for serious misconduct
Two employees of The Star Sydney have been sacked and banned from New South Wales casinos for five years for separate cases of serious misconduct. According to the NSW Independent Liquor & Gaming Authority, a female gaming attendant who had...
No COVID delays to Star’s AU$3.6 billion Queen’s Wharf Brisbane development: Bekier
Star Entertainment Group’s AU$3.6 billion Queen’s Wharf Brisbane remains on track for a late 2022 opening as one of the few integrated resort developments to continue unabated this year, according to Managing Director and CEO Matt Bekier. Bekier, ranked number...
