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This Month

The Treasury casino in Brisbane.

Star casino inquiry: Qld raises prospect of rolling reviews

Following damning evidence interstate about the casino industry, a new probe is under way into Star’s operations in Queensland.

  • Liam Walsh

Crown’s road to recovery needed fresh eyes: McCann

Crown Resorts chief executive Steve McCann will be replaced by industry veteran Ciaran Carruthers after he leaves the company in September.

  • Updated
  • Lucas Baird and Hannah Wootton
Steve McCann leaves Crown Resorts in better shape than what he found it.

Challenge facing Crown’s new CEO: Packer’s legacy

Blackstone has called in the casino big guns from Las Vegas and Macau to right Crown Resorts, and the two executives are stepping into a regulatory minefield.

  • Updated
  • Tony Boyd
Mr Jordan said the new airline could avoid the staffing pitfalls that have hurt Qantas and Virgin’s on-time performance and cancellation statistics recently as air travel ramps up again.

Bonza readies for delivery of first jet, firm on September launch

Bonza will take delivery of its first Boeing 737 MAX plane later this month as the new low-cost challenger prepares for launch.

  • Lucas Baird
VGCCC chairwoman Fran Thorn said there “was no more important” duty for Crown than to abide by its responsible gambling obligations.

Crown Melbourne faces $100m fine, more could be coming

Fined this time for responsible gambling breaches in Victoria, it could still just be the tip of the iceberg for Crown’s Melbourne casino.

  • Lucas Baird
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TAB is hoping to regain some ground lost against its online-only rival bookmakers.

Tabcorp aims to up the ante against online-only rivals

The newly demerged bookmaker is preparing to take on its more nimble competitors Sportsbet and Ladbrokes.

  • Elouise Fowler

June

The Star Casino, Sydney, had a “delinquent culture”, the inquiry heard.

Ex-judge helms new Qld probe into Star Entertainment

The Queensland government has  appointed Robert Gotterson, a former state Supreme Court judge, to run the three-month review

  • Elouise Fowler
They’re off: there’s a keenly contested race underway in Victoria.

WA TAB a battle on way to bigger Victoria licence war

It’s bookmakers at ten-paces in Western Australia, but the big battle’s just kicking off in Victoria. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
The Star Entertainment’s new CEO, Robbie Cooke, says he is passionate about gaming and hospitality.

A punishing workload for The Star’s Robbie Cooke

Star Entertainment has opted for a seasoned gaming and wagering executive to fix its mountain of regulatory issues. But it could take years.

  • Tony Boyd

Tyro’s Cooke to step into Star pressure cooker

News that the chief executive was leaving sent the company’s shares into a 15 per cent nosedive on Wednesday, wiping $60 million off its market value.

  • Updated
  • Lucas Baird
Tabcorp is hoping there will be similar reforms in Western Australia as it looks to sell its taxpayer-owned wagering business.

Tabcorp spends big to catch nimble online rivals

Tabcorp is set to spent $150 million to catch up with more nimble online-only rival bookmakers that have steamed ahead of the troubled betting giant.

  • Elouise Fowler
Star’s Sydney casino at Pyrmont.

Star inquiry wraps up amid accusations of further lawbreaking

Star may have broken NSW law by allowing high-roller junket operator Suncity to run its own casino within Star’s harbourside premises.

  • Elouise Fowler
James Packer will play kingmaker in the battle for Crown.

Blackstone to rebuild Crown as takeover ends Packer’s reign

The US private equity giant pledges to rebuild scandal-plagued Crown Resorts, after completing casino empire buyout; James Packer just got $3.3 billion richer.

  • Updated
  • Elouise Fowler
James Packer has cashed in his chips  at Crown.

‘Ups and downs’: Packer’s emotional farewell to Crown (and the ASX)

Crown’s reform efforts and Blackstone’s perseverance have allowed James Packer to walk away from the mess at Crown Resorts with a handsome payday. 

  • James Thomson
The NSW government is expected to grant Crown a provisional licence to open the Barangaroo Casino for the first time before the end of the month.

Crown’s second chance comes with strings attached

Conditions imposed on the licence include limits on the cash patrons can gamble at certain table games and insertion of an independent monitor.

  • Updated
  • Lucas Baird
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Deal off! NSW said it would retain its lotteries duty, rather than package it up and sell it to a pension fund.

NSW cans big lotteries duty sale, suitors forced to move on

NSW has cancelled plans to sell the state’s $500 million a year lotteries duties, leaving pension funds searching for the next $15 billion opportunity. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

PointsBet shares surge on cash injection

Group chief executive Sam Swanell says the funds will assist with expanding the bookmaker’s US operations as they seek to compete in US sports betting.

  • Emma Rapaport

Star casino non-executive directors deny claims of passive stewardship

The silk hired to defend Star Entertainment’s five non-executive directors has vigorously denied claims his clients lacked curiosity and were not active stewards of the casino giant. 

  • Elouise Fowler
Billionaire investor Jeff Yass is a gambler at heart.

Why this Wall Street billionaire just bought into an ASX minnow

Jeff Yass took a bankroll made at racetracks and poker tables and built one of the world’s biggest trading firms. Now he’s betting on PointsBet.

  • Updated
  • James Thomson
The Star Casino, Sydney, had a “delinquent culture”, the inquiry heard.

Culture, not ‘bad apples’, to blame at Star

The Star’s legal team, by contrast, says the company failed on a range of issues but after a clean-out of management is now fit to hold the licence.

  • Updated
  • Sam McKeith