Australia News - Page 40

International News Brief: If people were serious about reducing problem gambling, gaming revenues to operators and governments would have to drop by up to 50 per cent, a gambling expert has said.

International News Brief: UNiTAB Ltd managing director Dick McIlwain says there are no hard feelings about Tabcorp Ltd's rival merger proposal with Tab Ltd.

International News Brief: Tabcorp's proposed $2.3 billion takeover of NSW TAB has won conditional support from some of its biggest competitors, the online sports betting agencies.

International News Brief: Australian gaming giant Tattersall's has blamed a $1.3 billion revenue downturn on the Victorian Government's smoking bans and other regulations.

International News Brief: More than 100 pubs and clubs have been given an exemption on shutting down poker machines for six hours every day.

Capitalizing on America’s new-found passion for poker, PartyPoker.com will set sail March 13 for a weeklong cruise culminating in the March 14 -18 PartyPoker.com Million III poker tournament.

International News Brief: Confidential documents are showing that some Sydney pubs are selling little beer across the bar while making nearly all their money from pokies.

International News Brief: Adelaid’s Skycity Casino has overhauled its security after a gunman spent more than an hour inside the gambling venue.

International News Brief: The Australian cricket team was given free gambling chips by Melbourne's Crown Casino to repay them for patronising the venue, according to a book by a former Australian Cricket Board chief executive.

International News Brief: A leading broking analyst has estimated that UNiTAB could afford to bid as much as AUD$2.5 billion for TAB if the Queensland-based wagering group was forced into a bidding war with Tabcorp.

International News Brief: The racing and gaming industry injected AUD$4.2 billion into the New South Wales economy in 2001-02, new research shows.

International News Brief: Advisers to TAB will work through the weekend to provide information to the NSW gambling company as to how to proceed with Tabcorp's merger proposal.

International News Brief: Market punters piled out of Queensland's UNiTAB and into TAB Ltd yesterday as bets were placed on the likely outcome of Tabcorp's ambitious AUD$2.3 billion tilt for the NSW gaming group.

International News Brief: Victorian-based Tabcorp has announced plans to merge with New South Wales gaming group, TAB.

International News Brief: Tabcorp has said it has not yet started discussions over the future of its licence to operate in Victoria, Australia.

International News Brief: The AUD$1.7 billion merger between gaming groups Jupiters Ltd and Tabcorp Holding Ltd cleared its final hurdle, with regulatory approval obtained from the courts.

International News Brief: Australia's richest man, Kerry Packer, has ruled out resigning from the board of his family's media and casino empire despite life-threatening health problems.

International News Brief: An Australian bank manager who stole $19 million dollars ($13.11 million US) to feed his Internet gambling addiction was sentenced to five years jail for what a judge described as an 'absolutely breathtaking' fraud.

International News Brief: Claims that millions of dollars are being laundered through poker machines in Sydney clubs are being investigated by the Department of Gaming and Racing.