Australia News - Page 42

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.

International News Brief: An Australian bank manager who stole AUD$19 million to fund his online gambling addiction faces sentencing on Friday after pleading guilty to crimes spanning five years.

International News Brief: Australia's gaming industry will have to look to new avenues outside of the sector if it is to grow, UNiTAB Ltd chairman George Chapman said.

International News Brief: One of Crown's richest high-rollers is behind bars, charged with a global fraud that saw a staggering AUD$190 million poured into his Melbourne casino account.

International News Brief: A new Australian gambling giant will be born today with confirmation of a $2.5 billion alliance bringing together three former state-owned TABs.

International News Brief: Publishing and Broadcasting Limited has acquired a stake in the Burswood Casino in Perth, Australia.

International News Brief: Victorian Premier Steve Bracks today defended the state's gaming record after a national report showed it raised more money from gambling revenue than any other state.

International News Brief: Australia’s SportOdds Systems' plans to promote itself as the official betting agency for the Rugby World Cup in NSW have been thrown into doubt after the Federal Court refused to overturn a crucial piece of legislation.

International News Brief: Australians lost an average of AUD$1,000 each on gambling last year - two and a half times more than they lost 25 years ago.