Sportingbet brand set for a comeback
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The Sportingbet brand is set for a comeback as CrownBet rebrands but new state-based taxes threaten to wipe out bookmaker profits.
The Sportingbet brand is set for a comeback as CrownBet rebrands but new state-based taxes threaten to wipe out bookmaker profits.
Managing a pub can be hard work especially after promising big yields.
Tabcorp is in discussion with joint venture partner News UK to exit the ailing, and at times controversial, UK wagering outfit Sun Bets.
Until now, betting-mad Aussies visiting the US wanting to wager on sports had to go to Vegas. Now they can beat the odds in Delaware.
Victoria is set to be isolated as new gambling taxes being introduced across the country are set to reap tens of millions of dollars from local and foreign-owned bookmakers.
Wagering giant Tabcorp could reap betting turnover of more than $100 million from the upcoming football World Cup, boosted by broadcasting all matches on its Sky Racing channels.
Tangalooma Island Resort is already in a dispute with local residents over rates. It has now applied for 45 poker machines.
The Star has massively increased the scope of development for its Brisbane casino off the back of a booming high-roller business.
An aggressive march into the $50 billion social gaming market by Aristocrat Leisure could help the gambling company with its pokies.
Australia has failed to limit pokies betting, but Britain is cutting the maximum stake punters can lose on fixed-odds betting terminals to £2.
Kevin Seymour has had a long career in property, yet such is his enthusiasm for the sharemarket that he once even formed his own funds management company.
Bettors are placing all kinds of weird wagers on the royal wedding. William Hill says a lot of bets came in Monday on the Queen wearing a green hat.
Corporate bookmakers are said to be pleased the new 8 per cent point of consumption tax is not as high as other states.
Tabcorp-owned Sky Racing is one of the better-performing channels on pay TV thanks to the champion racehorse.
A flashy investor who lavished $10 million on model Miranda Kerr may hold the key to this week's Malaysian national election.
Ainsworth shares fell more than 35 per cent on Friday.
Victoria's gambling regulator and police are investigating additional allegations of poker machine tampering at Melbourne's Crown Casino.
PlayUp's owner believes the company can be listed on the ASX and Nasdaq by the end of the year
Tabcorp's Sun Bets joint venture in the UK has been a constant problem.
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.
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