Gaming and Racing

Crown Resorts in huge 2-day rally

Crown shares surge as much as 11% over two days, biggest jump in over 5 years.

Three rich listers lost $4.69bn in 2014

Andrew Forrest, James Packer, Kerry Stokes top list of share market injuries for the year.

Packer project looks doomed after Sri Lankan election

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New president opposes Crown proposal; analysts mull Packer funding options.

Crown has many funding options

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Casino group has range of alternatives to fund ambitious capex plans, analysts say.

The jewel in the Crown loses its shine

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Melco Crown's delisting from the Hong Kong stock exchange hints at harder times ahead in Macau, and comes at a difficult time for James Packer's sprawling casino empire.

Melco Crown exit may hurt Hong Kong listing allure

Move to abandon HK listing highlights challenges of tapping Asian investors through the exchange.

NT govt scraps pokies cap for 2015

by AAP
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NT set for an increase in pokie machines.

Vic govt opposes Tatts in High Court

by AAP
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Vic govt to go to court to overturn order to pay Tatts $540m.

Umbrella ban as Xi lands in Macau

by AFP
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Chinese president to emphasise region now needs more than gaming to thrive.

Tabcorp takes claim to High Court

Group heading to High Court in last-ditch attempt to recoup $686m from Vic govt.

Crown and BetEasy to form JV

Crown, BetEasy will combine sports book businesses to compete in wagering industry.

Ashok Jacob resigns from Crown Resorts

Appointment of Rob Rankin as co-chairman said to have triggered Ellerston chairman's departure.

Packer's PBL in latest tax leak: report

PBL reportedly had deal with Swiss govt that set a tax rate of below 2.15% for intra-company loans.

Crown plans new luxury hotel

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Initial investment of $50 million agreed for joint venture project in Melbourne's Southbank.

Vic premier ponders next Tatts move

by AAP
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Newly elected Daniel Andrews treads carefully with verdict still fresh.

Tatts wins $540m claim from govt

New Victorian government will pay Tatts Group $540 million in compensation, after Court of Appeal dismissed the government's appeal

Decision due on Tatts, Tabcorp

by AAP
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A Victorian appeals court will hand down judgment tomorrow on over $1.2bn in compensation

WA govt defends Crown tax cut

by AAP
Barnett govt defends move to reduce tax rate for casino's VIP gambling revenue.

Ellerston sells down Tabcorp stake

by AAP
Packer family's investment vehicle reduces stake in gaming firm just a month after increasing it.

Aristocrat flags 'transformative' 2015

Group says integration of VGT to core business will be focus of year ahead after posting $16m FY loss.

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