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Australia News - Page 37

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Analysts: Burswood Bidding War Unlikely

International News Brief: Analysts said there was little prospect of a bidding war over Australian casino operator Burswood.

Burswood Shares Rise

International News Brief: Shares in Burswood Ltd, operator of Perth's casino and hotel complex, rose 17 cents, or 13.5 per cent, to AUD$1.43 after Kerry Packer's Publishing and Broadcasting Ltd last night made a takeover bid.

Packer Bids for Remainder of Burswood Casino

International News Brief: Kerry Packer's Publishing & Broadcasting Ltd has strengthen its grip on Australia's high-roller gambling market by launching a $580.6 million bid for the remainder of Western Australia's Burswood Casino.

Mystery Loser Laying Low

International News Brief: The mystery punter who lost AUD$5 million on the Queen Elizabeth Stakes is reportedly laying low in Europe amid doubts he even exists.

Gambling Addict Jailed for Fraud

International News Brief: A gambling addict who used different identities to defraud Australia’s welfare agencies was today jailed for 27 months.

Bookie Loses $2 Million to Extortionists

International News Brief: An Australian bookmaker has lost about AUD$2million in turnover after its online betting service was jammed twice by extortionists.

All Sports Acquires Half of Internet Wagering Group

International News Brief: All Sports Ltd. Has finalised its acquisition of 50 per cent of Gibraltar-based internet wagering group Internet Betting Company.

Unitab May Increase Tab Bid

International News Brief: Unitab Ltd. may increase its AUD$2 billion bid for Tab Ltd., topping Tabcorp Holdings Ltd.'s offer.

Australian Casino Workers Want Smoking Ban

International News Brief: West Australian gaming workers donned black balaclavas and dust masks today as they presented a state MP with a petition demanding an end to smoking in Perth's Burswood Casino.

Online Ads Target Problem Gamblers

International News Brief: Australia’s gambling addicts are being bombarded by ‘pop-up’ ads for online casinos while using the Gamblers Anonymous website.

Tattersalls Takes $2 Billion Plunge

International News Brief: Victoria's dominance of the multibillion-dollar gambling industry looks likely to be consolidated later this year with the AUD$2 billion-plus float of pokie machine and lottery giant Tattersalls.

Australia Targets Youth Gambling

International News Brief: Australia’s youth gambling will be targeted in a new bid to stop people becoming betting addicts in later life, the government said today.

Accused Criminals Banned from Australian Casino

News Brief: Accused drug kingpin Carl Williams and accused murderer Mick Gatto have been banned from Melbourne's Crown casino.

Australian Watchdog Loses Powers

International News Brief: The Bracks Government rejected proposals to give a new gambling watchdog independent powers following a backlash from the gaming industry.

Children's Game Linked to Online Casino

International News Brief: In Australia, a children’s computer game given away in packets of Nutri-Grain has been found to be linked to a US-based internet casino.

Gambling Embezzler Sentenced to Jail

International News Brief: A Melbourne payroll officer who stole more than AUD$2.4 million to fuel a gambling addiction will spend at least two years in jail.

Accountant to Return Stolen Gambling Money

International News Brief: A Melbourne court has been told an accountant who stole more than AUD$2 million from his employer is prepared to relinquish all his assets to pay the money back.

Gambling Addict Jailed

News Brief: A gambling addict who ripped off more than AUD$120,000 from financial institutions was yesterday jailed for at least a year.

Sentence for $19 Million Theft Stays

International News Brief: Western Australia's top prosecutor has failed in a bid to double the jail term of a bank manager who stole almost $19 million to feed an online gambling habit.

Punter's $1 Million Bet Pays Off

International News Brief: An international punter who gambled AUD$1 million recouped his stake and more than half that again yesterday when Lonhro won his final Melbourne race in the 2,000-metre Australian Cup at Flemington.

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