Gaming and Racing

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.

ACCC won't oppose Fung's casino buy

Watchdog says crossover likely limited between Hong Kong investor's two resorts.

Tatts FY profit slips after levy

Shares slump as firm says wagering revenue lift will boost FY15 after facing govt levy.

Crown Resorts FY profit soars

Shares lift on surge in profit as investors shrug off warning of weak consumer sentiment.

Crown takes full control of Betfair

by AAP
James Packer's Crown pays $10m for outstanding 50% stake in betting firm.

Echo FY profit surges as Star shines

Shares rise as Echo tops expectations, says it has strong momentum for growth in FY15.

Skycity full-year profit falls

Casino and hotel operator takes financial hit partly due to building work at Adelaide casino.

Melco Crown Q2 profit slips

James Packer's Macau JV sees continued growth in mass market table revenue.

Crown appoints Demetriou as director

by AAP
Former AFL chief executive to join board of James Packer's gaming empire.

Tabcorp posts slight lift in FY profit

Gaming and leisure company lifts FY profit as it eyes larger dividends in FY15.

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