Chinese billionaire buys $40m in Gold Coast property
Hong Kong casino billionaire Tony Fung's Aquis has joined forces with Chinese developer Tandellen and CCCC International Holding to buy property at Surfers Paradise.
Hong Kong casino billionaire Tony Fung's Aquis has joined forces with Chinese developer Tandellen and CCCC International Holding to buy property at Surfers Paradise.
Wagering giant Tatts Group bid nearly twice the amount of two of Australia's most powerful gambling lobby groups, Clubs NSW and the Hotel Association of NSW, to win a deal to monitor NSW's 100,000 poker machines.
Forget the $1 billion price tag for Western Australia's wagering licence.
With The Star Entertainment Group throwing off bundles of cash from its flagship Sydney casino The Star, the gambling giant is fast catching up on arch rival Crown Resorts. Would it consider a move across the Tasman?
Tabcorp reportedly paid more than $200,000 to the family of Cambodian Prime Minister Hun Sen as it looked to expand its gaming empire into the Asian country.
West Australian Premier Colin Barnett has moved closer to the $1 billion privatisation of the state's TAB agency.
Sports hedge fund Priomha is targeting European investors.
The betting industry is in the throes of an unprecedented wave of consolidation and Sportsbet has warned its rivals, Tabcorp and Tatts, they may not be around in five years unless they scale up.
After a rollercoaster few years that have seen Ainsworth Game Technology ride the highs and lows of the sometimes fickle poker machine market, the latest twist hinges on whether the founder and chairman will be able to successfully cash out his chips.
Sportsbet can lay claim to the title of the country's biggest online bookmaker after parent company Paddy Power Betfair recorded a bumper pr...
Aristocrat Leisure has backed away from investor demands for it to pursue more deals in 2016.
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