Australian gambling business Tabcorp announced the demerger of its Lotteries & Keno business moved one step closer after the Supreme Court of New South Wales ruled for a shareholder vote on the proposed scheme. Court Green-Lighted Demerger The NSW court ruling requires Tabcorp to convene a shareholder meeting and conduct a shareholder vote on a […]
A halt in trading of BetMakers Technology Group shares implemented by the Australian Securities Exchange (ASX) today is fueling rumors the tech company’s bid to acquire Tabcorp’s media and sports wagering units could be successful. Halt in Stock Trading According to the information provided by the ASX the suspension in trading of BetMakers shares was […]
Australian slot machine manufacturer Aristocrat Leisure announced in a filing to the Australian Securities Exchange (ASX) today its six month financial performance ended March 31, 2021 was upgraded. Significant Improvements Year-Over-Year Subject to final external auditor review and approval from the Board of Directors, Aristocrat accounted for the period normalized earnings before interest, tax, depreciation […]
The Star Entertainment Group announced in a filing to the Australian Stock Exchange (ASX) its report for the half financial year 2021 ended December 31, 2020, posting statutory revenues of AU$741.4 million. Material Impact on the Business The 29.6% slump in revenues was mainly due to the casino property closures and coronavirus-induced restrictions on the […]
Horse racing betting technology supplier BetMakers Technology Group announced today in a filing to the Australian Stock Exchange (ASX) the remaining obstacle on the way to completion of the acquisition of Sportech’s racing and digital assets has been cleared, after shareholders of the online sports betting company voted in favor of the transaction. Shareholder Approval […]
Australian gaming provider company Aristocrat issued an investor update on Monday, outlining the steps it will undertake in response to the ongoing situation across the world related to the spread of the coronavirus infection. Having as a first priority the health and well-being of its team members and their families, 99% of the company’s employees […]
