daily_news

Crown Resorts has extended its long-term partnership with Australian National Rugby League team Melbourne Storm as part of an effort by the entertainment group to enhance its presence in the country’s professional sports industry.

news_analysis

The pros seemingly outweigh the cons for the new Paddy Power Betfair entity but Breon Corcoran will be key to its success.   

daily_news

Paddy Power-Betfair potential merger news followed by strong half yearly and quarterly results updates for both operators.

daily_news

Echo Entertainment Group and its Jupiters Hotel and Casino development has struck a deal become the first official partner of the 2018 Commonwealth Games multi-sport event in the Australian city of Gold Coast.

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Czech Republic lottery and betting firm Synot Group has linked up with South African gaming company Grand Parade Investments (GPI) to acquire minority stakes in Australian gaming machine manufacturer Atlas Gaming.

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Ainsworth Game Technology (AGT) has cited its success in the Americas and Asia as key factors behind a year-on-year jump in profit during the 12 months until June 30, 2015.

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Australian gambling company Tatts Group has cited a record performance by its lotteries division and an impressive showing by its online business as the main reasons behind a year-on-year increase in finances during the 12 months through to June 30.

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Ladbrokes Australia has become the first operator in the gambling industry to launch a ‘Cash-In’ network to allow customers to instantly deposit money into their accounts at more than 1,000 sites.

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Australian gambling company Tabcorp has cited the impact of its multi-channel distribution strategy and a continued focus on customers, product and brands as the main reasons behind widespread year-on-year growth across key indicators during the 2015 financial year.

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James Packer has opted to step down as chairman of Crown Resorts after the Australian entertainment group posted a year-on-year drop in both normalised and actual net profit after tax during the 12 months through to June 30.

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