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Business
July 30, 2025
Sydney Bowling Club Prevents Bally’s Corp to Trademark Name in Australia
The Balgowlah Bowling Club, fondly referred to as “The Bally” by its local community on Sydney’s northern beaches, has effectively prevented US casino giant Bally’s from trademarking its name in connection with the potential acquisition of Star Entertainment Group. Sidney Bowling Club Blocks Bally’s Trademark Bid in Australia Balgowlah Bowling Club, situated on Sydney’s north […]
Business
July 30, 2025
Star Entertainment’s Q4 Shows Continued Softness Despite Bally’s Help
The Star Entertainment Group Limited has published its unaudited quarterly report for the three-month period ended June 30, 2025 (Q4). The results highlighted continued financial struggles amid Bally’s investment. The Company’s Q4 Was Soft, if Stable In the fourth quarter of the fiscal year, The Star reported revenue of AUD 270 million ($175 million), which […]
Casino
July 29, 2025
NICC Wary of Bally’s Takeover Bid for Star Casino
Australia’s troubled casino operator Star Entertainment Group is once again under scrutiny as U.S.-based Bally’s Corporation moves ahead with its plan to take control of the company. While shareholders have approved a much-needed AU$300 million (US$195 million) lifeline from Bally’s and Bruce Mathieson’s Investment Holdings, the deal is now facing a regulatory roadblock. Bally’s to […]
Business
July 24, 2025
PointsBet Directors Reject Betr Deal, Reiterate Support for MIXI Proposal
PointsBet’s leadership has once again rejected Betr’s attempt to acquire the company. The former sportsbook asserted that the MIXI takeover offer represents a better deal and advised its shareholders to approve it. Betr’s Deal Did Not Appeal to PointsBet’s Board In its latest announcement, PointsBet said that Betr’s latest all-scrip takeover offer, which proposes 3.81 […]
Sports
July 23, 2025
CVC to Acquire GLI in Major Industry Shakeup
Leading international private markets manager with a global network of 30 local offices, CVC Capital Partners, is getting ready to take over Gaming Laboratories International (GLI), one of the gaming industry’s most influential testing and compliance firms. The planned acquisition, which surfaced through recent antitrust filings in Austria and Malta, would give the private equity […]
Casino
July 18, 2025
Crown Could Scoop up Queens Wharf as The Star Looks to Sell
As The Star Entertainment Group prepares to divest its Queens Wharf casino, competitor Crown Resorts has emerged as a potential buyer. If this comes true, it would mark the latter operator’s entry into Queensland. Crown Could Scoop up the Property The Star has been looking to sell its 50% stake in Queens Wharf to its […]
Business
July 18, 2025
MIXI Submits All-Cash Offer as the Duel for PointsBet Continues
MIXI Australia has formally submitted its latest takeover offer for PointsBet, once again challenging rival Betr. This comes shortly after the latter company updated its own offer for PointsBet. MIXI Submits an All-Cash Offer MIXI, which previously failed to secure sufficient shareholder backing for its acquisition of PointsBet, has now returned with a new offer. […]
Poker
July 18, 2025
Crown Resorts Beckons Recovery with Return of Aussie Millions
Following a prolonged hiatus, the Aussie Millions Poker Championship is going to be making a return at its customary venue – the Crown Melbourne. The property and its owner were challenged by a series of unfortunate regulatory events that are finally being put behind the company. Poker Mega-Event Returns to Crown Melbourne after Six-Year Absence […]
Industry
July 18, 2025
Victoria Considers Intervening in ALF’s Clash with Operators
The Victorian Gambling and Casino Control Commission (VGCCC) could potentially intervene in an ongoing conflict between the Australian Football League and sports betting operators in the state. This could potentially lead to a limit on the league’s revenue from wagering. The AFL Seeks a Higher Share The Guardian reported that Victoria’s gambling regulator is mulling […]
Business
July 16, 2025
Betr Rejoins the Fight for PointsBet with a New Proposal
Betr has once again submitted a proposal for the acquisition of PointsBet despite the latter company’s apparent contentment with the MIXI proposal. This time, Betr has put AUD 1.89 per PointsBet share on the table. Betr Resumes the Negotiations Betr has resumed the negotiations with a new all-share takeover proposal, offering AUD 1.89 per […]
