Gaming and Racing

Echo gets green light on new MD

Shares rise as group confirms Q3 revenue lift, reiterates spending forecast.

Tabcorp, TVN agree on digital deal

Tabcorp will be able to stream metropolitan horse races until May as part of a new deal.

Echo pursuing former Crown exec

Greg Hawkins considered front-runner for MD role at Echo's Star casino: report.

Packer plans $5bn casino in Japan

Melco Crown in talks with Japanese firms on possible joint venture.

Echo, Crown eye Qld casinos

by AAP
Major casino operators lead list of parties interested in Brisbane, regional resorts.

Melco Crown special dividend approved

Shareholders clear payment of special dividend after board approved new policy.

Vietnam casino operator raises $75m

Canaccord managed the share sale for Donaco, which will help fund a new casino and hotel complex on the border with China.

Activist hits Echo register: report

VGI Partners labels Echo 'cheapest casino stock in the developed world'.

Packer eyeing all of Betfair: report

Australian billionaire could capitalise on British parent's waning enthusiasm.

US VC funds circle Australia

Silicon Valley is turning its attention Down Under after Accel Partners took stakes in three of Australia’s leading technology companies.

Aquis developers set to buy two casinos

Aquis, owned by Chinese billionaire Tony Fung, is a step closer to buying casinos in Cairns and Canberra.

Tony Fung’s Aquis bids for Cairns, Canberra casinos

The Reef Casino Trust board has recommended Aquis' $217 million cash bid to acquire all the ordinary units in the owner of the Cairns Reef Casino.

Crown Resorts lifts HY profit

Casino operator says weak consumer sentiment hit trade in Melbourne, Perth.

Tatts first-half profit slips

Group posts slight fall, excluding revenue from discontinued Vic operations.

Ardent Leisure books healthy H1 profit

Group says expansion will drive growth, negotiates on new US sites.

Packer's Melco promises payouts

Melco Crown plans to pay 30% of quarterly income as dividends after maiden payout.

Australians are world-leading gamblers, but the house's winnings are slipping

Australia has been named the gambling capital of the world again, but our overall losses to traditional gambling outlets appear to be falling.

Tabcorp lifts first-half profit

1 comment
Gaming company says H2 focus will be on increasing returns, productivity; revenue from ordinary activities slides by 10%

Who’s making money from live sport?

Without a truly national sport, Australian codes will never attract US style audiences. But while broadcasters tussle over lucrative 'event TV' rights, there’s one clear winner.

Echo drops as H1 profit falls, CEO quits

Shares in gaming group slump as first-half NPAT hit by one-off costs, CEO Redmond to transition to Bekier.