Australia

Donaco International reports H1 net loss of AU$59 million, showing significant year-on-year improvement

Donaco International reports H1 net loss of AU$59 million, showing significant year-on-year improvement

Asian casino giant Donaco International suffered a net loss of AU$59 million (US$43.5 million) in the twelve-month period ending June 30, mainly due to the COVID-19 pandemic that forced its properties to remain shuttered for several months.

Sydney’s Star Casino fined $90,000 for allowing minors to gamble in 2019

Sydney’s Star Casino fined $90,000 for allowing minors to gamble in 2019

A hefty fine of $90,000 has been slapped on Sydney's Star Casino for its failure in preventing a 12-year-old girl and two other minors from gambling and drinking at the facility in 2019, the NSW Independent Liquor & Gaming Authority has confirmed.

SkyCity reports “encouraging” business since reopening of three casinos following COVID-19 shutdown

SkyCity reports “encouraging” business since reopening of three casinos following COVID-19 shutdown

New Zealand-based casino operator SkyCity Entertainment Group has announced that its three local entertainment properties have been enjoying “encouraging” business since their reopening following lengthy corona virus pandemic-induced shutdown.

The Star Sydney Hotel & Casino signs new 20-year tax agreement with EGM exclusivity

The Star Sydney Hotel & Casino signs new 20-year tax agreement with EGM exclusivity

Australian gambling and entertainment giant “The Star Entertainment Group Ltd” has confirmed that it has signed a 20-year arrangement that will enable The Star Sydney Hotel & Casino to pay a flat 29 percent tax on all revenues from its mass-market gaming tables for the next twenty years.

Star Entertainment announces $2.3bn funding for Queen’s Wharf casino resort in Brisbane

Star Entertainment announces $2.3bn funding for Queen’s Wharf casino resort in Brisbane

Regardless of corona virus-induced harsh economic downturn, Star Entertainment Group has announced a massive fund to achieve its goal of building Queen’s Wharf casino resort in Brisbane.

SsangYong announces new vehicles plan for next five years

SsangYong announces new vehicles plan for next five years

During a recent presentation to Australian journalists in South Korea, automaker SsangYong shared some pertinent information about its plans for the vehicles it intends to launch in the period between 2019 and 2024.

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