Oceania News - Page 45

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Sky City to Buy MGM Casino

11 February 2004

International News Brief: SkyCity has signed a contract to buy the MGM grand Darwin casino for AUD$220 million.

New Zealand Developers: Pubs Need Pokies

9 February 2004

International News Brief: Pubs would struggle to make a profit these days without poker machines, say a Palmerston North couple looking to build a tavern complex in the city.

Crown Wins High Roller Case

9 February 2004

International News Brief: Melbourne's Crown Casino has won the latest round of its legal battle with a high roller but taken a heavy hit from judges for laxness applying financial controls.

Illegal Gambling Expected for Cricket Finals

6 February 2004

International News Brief: The International Cricket Council's Anti-Corruption and Security Unit is bracing for a substantial increase in illegal betting activity for Australia’s finals series against India.

Gaming Donations Fill Australian Government Coffers

2 February 2004

International News Brief: Former Crown Casino boss Lloyd Williams donated more than AUD$50,000 to the Victorian branch of the Labor Party last financial year.

Stroke Victim Thrown Out of Casino

28 January 2004

International News Brief: A stroke victim was thrown out of an Australian casino because bouncers thought she was drunk.

Silence Surrounds Christchurch Meeting

27 January 2004

International News Brief: Christchurch Casino's board is set to meet today but all lips of its cornerstone shareholders were sealed ahead of what is expected to be a landmark meeting.

Christchurch Consultation to End Soon

26 January 2004

Christchurch City Council is asking for community feedback on its proposed Class 4 Gaming Venue and TAB policy, before consultation closes on 5 February.

Burswood Shares Rally

19 January 2004

International News Brief: Burswood Ltd shares rallied after Perth's casino operator pleased the market by unveiling an unaudited first half 2003/04 operating profit of about AUD$23 million.

Aussies Bet on Roach Races

19 January 2004

International News Brief: Gambling-mad Australians are now they're placing bets on cockroaches.

Australian Politician Applauded for Stance

16 January 2004

International News Brief: Tasmania's Council of Social Service says federal Labor leader Mark Latham has correctly identified a major obstacle in solving problem gambling.

Sky City Looking at Australian Casino

15 January 2004

International News Brief: New Zealand's Sky City Entertainment is in talks to buy MGM Mirage's casino in Australia because government restrictions mean it cannot build or expand its three New Zealand casinos.

Christchurch Shareholder Considers Offer

14 January 2004

nternational News Brief: Christchurch Casino shareholder Louis Crimp is considering an offer for his 7.7 per cent stake.

Australian Politician Criticizes Dependence on Gaming Taxes

14 January 2004

International News Brief: Australia’s Opposition Leader has promised to tackle problem gambling and has criticised his state colleagues for being too reliant on gaming tax revenue.

Interactive TV Wagering Comes to Australia

12 January 2004

International News Brief: Australians will be able to put their house on a horse from the comfort of their homes when an interactive television wagering service is launched later this year.

Aspinall Exec Slams Share Issue Idea

12 January 2004

International News Brief: Aspinall's finance chief Martin Kennedy slams suggestions that there will be a share issue to fund a buyback of its stake in the Christchurch Casino.

Australian Police Raid Bookie's Penthouse

9 January 2004

International News Brief: Australian authorities raided the the multimillion-dollar penthouse of Australia's biggest bookmaker, Mark Read, in search for millions stolen by a former bank manager.

Skyline Bid Rejected Again

8 January 2004

International News Brief: Skyline Enterprises has been knocked back twice in its attempts to buy a controlling stake in Christchurch Casino.

Christchurch Chairman Seeks Tighter Grip

7 January 2004

International News Brief: Christchurch Casino chairman Barry Thomas has announced plans to strengthen Skyline Enterprises' grip on the company in the face of a possible buy-in by gambling giant SkyCity.

Perrin Bids on TV Rights for Racing

5 January 2004

International News Brief: Former Billabong chief executive Matthew Perrin has emerged as the head of a syndicate vying for the television rights for horse racing in NSW and Victoria.

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