Political turbulence in Thailand could spell the end for a controversial casino bill, which has now been removed from the upcoming parliamentary agenda. Once again, efforts to bring casino resorts to Thailand have hit a major obstacle. On 1 July, the Thailand Constitutional Court suspended Prime Minister Paetongtarn Shinawatra for alleged ethics violations, with a…
Australia’s online gambling sector surged in 2022-23, with total wagers across all channels and verticals reaching AU$244.3bn (£124.9bn/€148.0bn/US$164.3bn). Australia gambling turnover Online gambling turnover rose 165.7% year-on-year to $75.4m, representing 31% of the nation’s total gambling handle. Turnover per capita online was $397.5. The Queensland treasury report breaks down figures by territory, with most online…
Nearly a year after shutting two of its three casinos, Resorts World Genting (RWG) in Malaysia has launched a new mass gaming floor. However, it may not have a significant impact on revenue. Maybank analyst Samuel Yin Shao Yang inspected RWG’s Genting Casino on 30 December. He concluded that the new area, featuring 36 live…
Crown Resorts has officially named David Tsai as its permanent chief executive, after he initially stepped into the role on an interim basis on 31 September following Ciarán Carruthers’ resignation. Crown CEO David Tsai Carruthers announced his decision to leave the CEO role in late August and is expected to fully depart by 31 December….
Australia-focused Tabcorp has confirmed Brett Chenoweth as its new chairman following Bruce Akhurst’s decision to retire from the role. Pickup Lottery Corporation Chenoweth will formally assume the chairman role when Akhurst steps down after the group’s 2024 annual general meeting (AGM) on 23 October. A highly experienced executive, Chenoweth has been a non-executive director of…
Bally’s Bronx is seen as a long shot, yet the company seems most at ease in that position. The first round of local community advisory committee meetings for all eight downstate New York casino licences is now complete, following Bally’s Corp presenting its proposed $4 billion integrated resort in the Bronx on Friday. The Residence…
Crown Resorts chief executive Ciarán Carruthers will step down after nearly two years in the role. He will remain in position until 31 December. Crown Australia Several media outlets report that president and chief operating officer David Tsai will take over Carruthers’ duties from 1 September. Tsai will act as interim CEO until a permanent…
The Australian Communications and Media Authority (ACMA) has instructed local internet service providers (ISPs) to block access to thepokies.net, calling it one of the most “notable” blocking actions so far. An ACMA review revealed the site was offering online casino-style games, which are banned under the Interactive Gambling Act 2001, rendering the platform unlawful. With…
Betr warned it may contest the shareholder outcome in court if PointsBet refuses to recount the tally. Betr PointsBet MIXI vote Betr Entertainment has demanded a recount of the shareholder vote on MIXI’s acquisition of PointsBet. The ballot took place on 25 June, but Betr, which made a rival takeover bid, claims its proxy vote…
Betr has returned with projected savings of $0.67 per PointsBet share, giving its new offer a potential value of up to AU$1.89 per share.PointsBet Betr MIXIBetr Entertainment remains in pursuit of PointsBet, competing head-to-head with MIXI Australia’s proposals. The operator has put forward a renewed, all-share acquisition plan for PointsBet, claiming its latest offer is…