Casino News

Canberrans Approve Tighter Pokies Reform
Casino News

Canberrans Approve Tighter Pokies Reform

The local media Canberratimes reported that nearly 80% of the Canberrans supported a major reform in the gaming industry, which seeks to introduce a restriction on gaming machine expenditure to help problem gamblers. The results from a recently conducted poll regarding gaming issues pointed out that most of the Canberrans […]

Shareholders OK Caesars Entertainment Corporation and Caesars Acquisition Company Merger
Casino News

Shareholders OK Caesars Entertainment Corporation and Caesars Acquisition Company Merger

The stockholders of Caesars Acquisition Company and Caesars Entertainment Corporation decided to give a green light to the proposed merger of the two companies after successfully negotiating the terms and conditions of the Merger Agreement. The Merger proposal finally received the approval of the shareholders of both Caesars Entertainment Corporation […]

SkyCity’s Darwin Casino Suffers A$95 Million Goodwill Impairment, Blaming Northern Territory Government
Casino News

SkyCity’s Darwin Casino Suffers A$95 Million Goodwill Impairment, Blaming Northern Territory Government

SkyCity Entertainment Ltd. announced that its Darwin casino has suffered a significant revenue decline due to the Northern Territory government’s decision to remove the limit on the gambling machines, which unleashed a great competitive pressure between operators, leading to Darwin’s impairment of goodwill. SkyCity Entertainment Group is a gaming business, […]