Yesterday
SkyCity agrees to $67m penalty as licence decision looms
The case was based on allegations the company allowed high-risk patrons to gamble more than $4 billion in dirty cash through its casino.
This Month
Aristocrat pops as pokies giant takes share in lucrative US market
Shares soared nearly 12 per cent after it rewarded shareholders with a 6¢ increase to its fully franked interim dividend. It expects to continue to grow there.
Star Entertainment makes last-ditch argument to keep casino licence
Bret Walker, SC, appearing for the company, condemned the “deplorable” behaviour of former executives who an inquiry heard went to war with the regulator.
Casino regulator bans Star staff from tables over collusion
The NSW Independent Casino Commission has banned the two employees from operating games in the state for a decade.
Labor slams the NRL’s ‘deeply concerning’ Sportsbet tie-up
Communications Minister Michelle Rowland is deciding what to do with recommendations from an online gambling inquiry, including a blanket advertising ban.
- Exclusive
- Casinos
Star Entertainment implosion leads to closure of fine diner Tetsuya’s
The relationship between the casino’s former CEO and chief financial officer deteriorated over an unnamed “material” project, a NSW inquiry heard last month.
Tabcorp recruits Laundy in pub fight
The ASX-listed wagering group will upgrade its betting terminals and broadcast displays across the Laundy Hotels portfolio, but lock its rival out.
Women’s basketball chases investors for $20m-plus slam dunk
The WNBL is for sale. It’s attracted interest from Aussie rich-listers to offshore funds.
- Updated
- Exclusive
- Super yachts
Star Entertainment’s luxury yacht fire sale finds way to Federal Court
The family office of a wealthy Cypriot businessman has accused the gaming group of reneging on a sales agreement, and wants millions of dollars in compensation.
Star Entertainment debt investor tries offloading stake
At least one lender is feeling nervous after the list of executives leaving Star got bigger, and its shares fell 20 per cent in the past month.
Melbourne Rebels survive but fight with ATO, Rugby Australia not over
Former Melbourne Rebels director Georgia Widdup said the decision meant plans for a “financially sustainable future” could progress.
- Exclusive
- Business of sport
PwC dragged into Melbourne Rebels fight, Rugby Australia alleges bias
Tensions over the future of the Victorian rugby union club escalated dramatically on Thursday when Rugby Australia fired off a letter to PwC.
Man arrested in Sydney’s west over clubs data breach
Disgruntled software developers who claim not to have been paid are being blamed for releasing details of more than 1 million pub and club patrons in NSW.
- Updated
Bonza administrator still looking for new backers
Bonza’s move to enter voluntary administration is a “sad time for aviation and major blow for competition”, says the main body representing Australia’s network of airports.
April
Board ousts Star chairman as inquiry blowback continues
David Foster will be replaced by director Anne Ward. She was one of the few directors who wanted former CEO Robbie Cooke to step down in December.
- Updated
Rugby Australia stakeholders oust director, former NRL exec elected
The governing body’s shareholders were required to vote for five board directors at the annual general meeting. Only four were elected.
- Exclusive
- Casinos
Blackstone’s Crown to shed 1000 jobs in Sydney, Melbourne, Perth
Job losses will be split between the corporate division and the three casino precincts. Crown says the decision was driven by economic-related pressures.
Racing Victoria boss resigns after months of shareholder pressure
Andrew Jones, who served under two chairmen in his time at the helm, said it was the right moment to leave and make way for a new chairman and board.
- Exclusive
- Media & marketing
Inside Tabcorp’s CEO search
Recruiters for the wagering group have a long list of potential candidates - including Patrick Delany, the chief executive of Foxtel.
- Updated
Melbourne Rebels may have traded insolvent since 2018: PwC
The rugby union club’s administrator, PwC, recommends it be rescued rather than liquidated to ensure creditors and staff receive the most money possible.
- Updated