Gaming and Racing

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.

ACCC allows Tabcorp's ACTTAB acquisition

Tabcorp's takeover would only marginally increase market concentration: ACCC

Tinkler to pay off Harvey debt

Sale of Tinkler's horses raises $34m, properties to bring amount beyond $40m owed.

Aristocrat secures loan for VGT buy

Group prices $US1.3bn loan facility to fund acquisition of Video Gaming Technologies, refinance debt.

Junkets that fuel Macau casinos are on a losing streak

Businesses that bring affluent Chinese gamblers to Macau and provide credit face growing pressure.

Tinkler close to settling Harvey debt

A four-day sale of Nathan Tinkler's horses is on track to raise $40m owed to Gerry Harvey.

Fung plans Aquis listing to fund Cairns casino

Hong Kong billionaire to raise capital for Cairns casino by listing property company: report.

Tony Fung gets Cairns casino go ahead

by AAP
FIRB has approved the Hong Kong billionaire's bid to own the Reef Hotel Casino in Cairns.

Vic ALP backs Crown licence extension

by AAP
Victorian oppn to support bill to extend Crown's licence to 2050, secures deal to save 500 jobs.

Trump casinos file for bankruptcy

by AP
Trump Entertainment the latest Atlantic City casino owner to seek bankruptcy protection.

Aristocrat to offload lotteries arm

Gaming group sharpens focus on premium game content, will incur $45m non-cash write-off.

Crown confirms Vic licence extension

Gaming company inks extensive deal with Vic govt that will see it make upfront $250 payment.

Tinkler's Newcastle Jets for sale

Mining magnate to sell his interest in A-League club as he looks to exit all sporting ventures.

Gerry Harvey takes control of Tinkler's racing empire

Patinack Farm assets to be sold off at unreserved auction in September.

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