Australian study shows decrease in gambling frequency and spend during COVID-19 lockdown
A study of Australian gambling behavior during the recent COVID-19 lockdown has found that around 75% of respondents gambled less frequently due to fewer gambling options, but that most planned to resume their normal gambling habits as lockdown was lifted....
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Casino Canberra to reopen from Monday
Australia’s Aquis Entertainment Group will reopen Casino Canberra from 10am today (Monday), more than four months since first closing its doors on 23 March. The company, controlled by Hong Kong businessman Tony Fung, revealed Friday that Casino Canberra will reopen...
Thai vendors push through substantial increase in Donaco shareholding
The Thai vendors of Donaco International Ltd’s Star Vegas casino in Cambodia have significantly increased their interest in the company in the wake of the AU$14.4 million entitlement offer completed last week. In a filing to the Australian Securities Exchange...
IGT to provide casino management system to Crown Sydney
International Game Technology PLC has announced that it will install its IGT ADVANTAGE casino management system at Crown Sydney, the AU$2.2 billion high-end hotel and casino being developed by Crown Resorts and due to open in Sydney early next year....
Donaco names Thai vendors as latest additions to board
Donaco International Limited has announced Lee Bug Huy and Paul Porntat Amatavivadhana, the Thai vendors of the company’s Star Vegas casino in Poipet, Cambodia, as its newest board members. Their appointment completes a dramatic transformation of the company’s board and...
Tabcorp warns goodwill impairment charges to top AU$1 billion in FY20 on COVID-19 concerns
Australian racing and wagering giant Tabcorp says it expects to incur non-cash goodwill impairment charges of between AU$1 billion and AU$1.1 billion for the year ended 30 June 2020, related to its Wagering & Media and Gaming Services business arms....
Donaco CEO to depart this week as 2Q20 revenue plunge prompts further cost cutting
Donaco International Ltd has confirmed that CEO Paul Arbuckle will officially depart this week as the company looks to control costs while navigating the COVID-19 pandemic. Arbuckle, who tendered his resignation following a boardroom coup last December but had until...
Donaco says reopening of Star Vegas in Cambodia imminent but Thai border closure to keep volume subdued
Australian-listed Donaco International Limited says it expects to undergo assessment by Cambodia’s Ministry of Health (MOH) ahead of a planned reopening of Star Vegas in Poipet “within the next few weeks” – but it could be sometime yet before customers...
