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Australia News - Page 40

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Reef Casino Back in the Black

International News Brief: Reef Casino Trust reports a net profit of AUD$11.1 million, a 33 per cent rise on the previous year's net profit of AUD$8.4 million.

Packer to Recoup Casino Investment

International News Brief: Kerry Packer is poised to recoup AUD$3 million of his investment in Burswood on the back of a profit recovery which has also sparked renewed speculation about a takeover bid by the billionaire.

Cricket Player Dismisses Gambling Rumors

International News Brief: Shane Warne and Cricket Australia today both dismissed a report the leg-spinner was seen in the company of an Indian gambler during Australia's victorious 1999 World Cup campaign in England.

Australian Gaming Machines to be Removed

International News Brief: Three thousand gaming machines look set to be removed from South Australian pubs and clubs in what the Australian Hotels Association.

Sky City to Buy MGM Casino

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

Pokie Revenues Key to Australian Teams

International News Brief: Poker machine revenue was a key factor in determining the profitability of many Victorian AFL clubs last season.

Crown Wins High Roller Case

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.

Businessman Accused of Multi-Million Dollar Swindle

International News Brief: A passion for punting fuelled Victoria's biggest stamp duty fraud worth more than AUD$10 million, a court heard yesterday.

Illegal Gambling Expected for Cricket Finals

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

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

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

Burswood Shares Rally

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

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

Australian Opposition Targets ATMs

International News Brief: A federal Labor government could use Commonwealth power over the placement of automatic teller machines as part of a national effort to combat excessive gambling, the Opposition Leader, Mark Latham, has indicated.

Australian Politician Applauded for Stance

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

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.

Australian Politician Criticizes Dependence on Gaming Taxes

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

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.

Problem Gambling Group Calls for Moratorium

International News Brief: The head of an Australian group that deals with gambling addicts has called for a moratorium on the issuing of more gaming machine licences.

Australian Police Raid Bookie's Penthouse

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.

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