Gaming and Racing

Echo upbeat about Brisbane bid

Gaming group outlines key priorities for year ahead, zeroes in on Queensland market.

Echo eyes 31% first-half earnings growth

Gaming giant says international VIP business driving growth, expects earnings up to $260m for first half.

Ardent not concerned by economy

by AAP
Amusement park operator's CEO says key focus is own business not broader environment.

Govt group to tackle illegal betting

by AAP
Kevin Andrews, Denis Napthine announce working group to crack down on offshore operators.

Tatts lifts revenues in Sept qtr

Company says strong start to the year, with wagering and lotteries revenue both up.

Ellerston takes 5% stake in Tabcorp

Ashok Jacob-chaired private fund secures relevant interest in almost 39 million of gaming group's shares.

Bids lodged for Brisbane casino

by AAP
Crown Resorts, Echo Entertainment submit formal proposals for Queen's Wharf development.

Betting against Australian bookies

Tabcorp's boss has called on the government to stop overseas operators scooping up Australian bets. So far she's not having much luck.

Tabcorp well-placed for FY15

Chairman calls on govt to ban unlicensed offshore operators from taking bets from Aust residents.

Brisbane casino bids fall due

Bids due today for Crown, Echo consortiums competing to develop Brisbane’s Queens Wharf.

Tatts' Vic lotto licence expanded

Victorian govt agrees to allow Tatts to sell scratch-its and daily keno from early next year.

Intralot to hand back Vic licence

by AAP
Gaming giant no longer able to sell scratchies and other gaming products in Victoria.

Tinkler's Patinack Farm flops at auction

Nathan Tinkler's business empire suffers another blow as trophy horseracing operation fails to sell.

Aristocrat completes VGT acquisition

Gaming machine maker to triple US footprint with $US1.3bn deal, interim leadership structure in place.

Packer says 'punters are killing us'

Crown says downbeat consumers weighing despite slight lift in gaming revenue so far in FY15.

Tabcorp lifts Q1 revenues

Gaming group sees 6.6% lift in first-quarter revenues as soccer World Cup boosts wagering business.

Echo and Crown battle for BrisVegas

1 comment
Local investors think Crown has the upper hand in Brisbane, and the market doesn't seem big enough for two operators.

Tabcorp finalises ACTTAB buy

Says deal will boost revenue by around $14 million, following regulatory clearance.

Value Investor: Crown's winning hand in Macau

The gaming and entertainment group's expansion plans indicate that capital expenditure will remain at elevated levels for an extended period.

Macau gambling revenue falls; casino stocks gain

Woes in Chinese gambling enclave fail to dissuade investors.