Lawrence Ho, James Packer to appear as witnesses in NSW inquiry into Melco’s Crown acquisition
Melco Resorts Chairman and CEO Lawrence Ho and Crown Resorts’ largest shareholder James Packer are both set to appear at a NSW Independent Liquor & Gaming Authority inquiry into whether Melco is suitable to acquire a significant stake in its...
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Silver Heritage Group seals short-term future with US$1 million loan as December GGR reaches monthly record
Australian-listed Silver Heritage Group has secured a short-term US$1 million loan from shareholders of the company which it says will be used for the working capital purposes of the company outside of Nepal for the next six months. In an...
Star Entertainment Group introduces paid leave for staff volunteering with emergency services amid Australian bushfire crisis
Australia’s Star Entertainment Group has announced a new policy that will provide paid leave for staff who are also members of emergency service organizations. The initiative has been introduced in response to the catastrophic bushfire crisis currently devastating the country,...
Aquis takeover deal in jeopardy on regulatory approval delays
A proposed takeover deal that would see Blue Whale Entertainment Pty Ltd acquire a majority 86.99% stake in Australian-listed Aquis Entertainment may be terminated due to a lengthy delay in receiving necessary regulatory approvals. In an update filed with the...
Australia’s Star Entertainment Group seeking 30-year Gold Coast monopoly
Australia’s Star Entertainment Group is reportedly demanding a 30-year monopoly on casino operations on the Gold Coast if it is to proceed with an AU$2 billion masterplan. According to The Australian, the 30-year exclusivity arrangement has been at the heart...
Donaco trading again as two new directors appointed to board
Trading of shares in ASX-listed Donaco International Limited has begun again after the company on Monday announced the appointment of two new independent and resident non-executive directors. The appointments, which include chartered accountant and former Fremantle Football Club director Mel...
Silver Heritage appoints new director as critical debt repayment deadline looms
Silver Heritage Group has appointed Darryl Kaplan as new non-executive director in a move designed to meet its ASX obligations following the recent resignations of Chairman James Spenceley and director Michael Bassett. In an ASX announcement on Monday, Silver Heritage...
Paul Arbuckle quits as Donaco CEO in wake of boardroom coup
Australian-listed Donaco International Limited has fareweled yet another executive with CEO Paul Arbuckle stepping down from the role just days after three board members failed to retain their seats at the company’s AGM. Arbuckle, who was only appointed the role...
