Star placement Cantonese for dead loss
Star was never a business in any kind of trouble, just a solid one whose tapering growth prospects jarred with management's rhetoric.
Star was never a business in any kind of trouble, just a solid one whose tapering growth prospects jarred with management's rhetoric.
The Star Entertainment Group will raise $490 million from Far East and Chow Tai Fook to reduce its exposure to the cost of new casinos.
Sky City Entertainment has hired Goldman Sachs to find a buyer for its Darwin casino.
Tabcorp has priced a $US1.4 billion issue of long-term notes to investors in the US private placement market to finish financing of its Tatts merger.
Friends have been concerned for years about James Packer's mental health.
Billionaire James Packer has resigned as a director of Crown Resorts, due to mental health problems, capping off a tumultuous period for the casino mogul.
Pollyanna Chu has lost her title as Hong Kong's richest woman after her listed company, Kingston Financial Group, turned into Asia's worst performer this year.
Matthew Grounds, the head of UBS Australia, may have forced James Packer to back down in their public spat.
Has there been an overdue outbreak of peace between the gaming mogul and the man he dubbed the 'rockstar' banker?
CrownBet boss Matthew Tripp says he will speak to Tom Waterhouse about an ongoing role after the William Hill merger.
Sportsbet has 26 per cent of the Australian digital betting market, it claims.
Toronto-based The Stars Group will own 80 per cent of a combined CrownBet and William Hill bookmaking business.
How the relationship between James Packer and one of his closest advisers soured, culminating in the casino baron accusing the banker of profiting off him.
Matthew Tripp's CrownBet clearly means business.
Corporate bookmaker CrownBet is set to double in size with the acquisition of the Australian business of rival William Hill.
The hotels lobby is influential in the SA election and may be adding to some of the gloss coming off Nick Xenophon.
Crown is also being investigated by Victorian gaming authorities.
There could be a new betting brand in the Australian market later this year. Or the return of an old one
Crown's latest asset sale was the offloading of its $150 million stake in CrownBet this week.
A final furlong has been added to the race for William Hill's Australian bookmaking business.
Will Hodgman doesn't deny the Liberals are enjoying heavy pokie industry donations but says Labor and the Greens are guilty of hypocrisy in objecting to it.
James Packer's Crown Resorts sold its stake in corporate bookmaker CrownBet to The Stars Group, capping a three-month search for a buyer.
Bids are in for UK bookmaker William Hill's Australian business.
A return of VIP clients to Melbourne has helped boost operating profit for James Packer's Crown Resorts.
We think Boon has sold some shares, and recently. Not that a notice has been filed about it.
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