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Australia News - Page 36

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Bookies Suspend Betting on Rugby Team

International News Brief: Australian betting agency SportsTab has suspended betting on the odds of the National Rugby League frontrunners, the Sydney Roosters, winning the wooden spoon.

Australian Party Under Fire for Casino Tour

International News Brief: Australia’s Labor Party is under attack for planning a ‘behind-the-scenes’ tour of Crown Casino next month to raise money.

Casino Probed Over Prostitutes Claim

International News Brief: Victoria’s gaming watchdog will probe Crown casino after staff were caught getting a prostitute for a high roller.

Crown Casino Celebrates 10th Birthday

International News Brief: It is 10 years this week since the doors to the Crown casino's temporary headquarters were flung open at the World Trade Centre in Flinders St.

Bookies Worry about Australian Betting Exchange Review

International News Brief: An explosion in betting exchanges is tipped should Australia’s Federal Government's review of the Interactive Gambling Act fail to ban the revolutionary gambling medium.

Offshore Internet Gambling Expected in Australia

International News Brief: Australia’s gaming giants are expected to lose their fight to prevent offshore internet gambling, with the Howard Government tipped to allow international competitors.

Child Bonuses Linked to Rise in Gambling Business

International News Brief: Australia’s welfare groups have called for changes to the way family bonuses are paid following reports of a spike in business at gaming venues since families began receiving the Federal Government's $600 child payment.

Analysts Support PBL's Offer

International News Brief: PBL's sweetened $600 million cash bid for Perth's Burswood Casino has won support from stockbroking analysts although the target has yet to offer an opinion.

Packer's Goal Halts Burswood's Hand

International News Brief: Kerry Packer's insistence on winning 90 per cent control of Burswood is shaping as the last sticking point to securing the support of the casino group's reluctant directors.

Packer Sweetens Offers to Burswood

International News Brief: Kerry Packer's Publishing & Broadcasting Limited has offered to increase its bid by $25.2 million in its hostile bid for West Australian casino group Burswood.

Australian Regulators Target Burswood Bid

International News Brief: Simmering opposition to Kerry Packer's $600 million bid for control of the Burswood casino in Perth has seen the corporate regulator exercise rarely used powers to force institutional investors to clarify public statements on the hostile bid.

Australian Cabinet Hedges Bets on Internet Gambling

International News Brief: An Australian federal cabinet has examined wide-ranging legislation to ban foreign internet gambling and ordered further work before it makes a final decision, which may be next week.

Australian Casino Talks Stalled

International News Brief: Around 800 casino employees will attend stopwork meetings this week after negotiations over pay with Federal Hotels reached an impasse.

PBL Looking for Oriental Jewel

International News Brief: Sources say that execs from Publishing & Broadcasting Ltd. have been visiting casinos in Macau.

PBL Looking for Oriental Jewel

International News Brief: Sources say that execs from Publishing & Broadcasting Ltd. have been visiting casinos in Macau.

Five to Stand Trial for Casino Brawl

International News Brief: Five people have been committed to stand trial and banned from the Crown casino complex over a brawl during birthday celebrations for accused underworld murderer Victor Brincat.

Australia's Money-Laundering Rules Tightened

International News Brief: Australia’s casinos, along with other businesses, will be forced to report more information about the activities of clients who are high-profile criminal or terrorist suspects, under new anti-money laundering laws.

Controversy Erupts Over Tasmanian Pokies

International News Brief: The Greens deliberately misled State Parliament over claims that Federal Hotels would gain $3.14 billion from a 20-year agreement to operate poker machines in Tasmania, according to Premier Paul Lennon.

Burswood Shares Fall

International News Brief: Burswood shares fell yesterday after the sudden departure of PBL head Peter Yates threw doubt on the prospect of a higher offer coming from the Packer's media and gaming company.

Investors Support PBL Exec Shuffle

International News Brief: Investors have welcomed the appointment of John Alexander to the top job at the Packer-controlled Publishing & Broadcasting although the sudden departure of chief executive Peter Yates yesterday took them by surprise.

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