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Administrators seek more time to sort through 25 potential buyers for Atlas Gaming
The administrators of pokie manufacturer Atlas Gaming, of which former Victoria Premier Jeff Kennett is a major shareholder, are seeking an extension of time to finalise the sale of the struggling business which owes more than $9.5 million to creditors, shareholders and employees.
Crown report points finger at MinterEllison, internal legal team
MinterEllison and Crown Resort's internal lawyers were partially at fault for misconduct unearthed in a damning Royal Commission report into the casino operator because they failed to ask whether certain actions were moral as well as legal, the commissioner has found.
Crown gets two years to fix ‘illegal, dishonest, unethical’ conduct or face loss of casino licence
Crown Resorts has avoided having its casino licence stripped, for now, with a Victorian Royal Commission giving the casino operator two years to clean up its act after finding it failed to prevent "illegal, dishonest, unethical and exploitative" conduct.
Class action firms circle Star following $1B share price plunge
Star Entertainment Group is facing two possible shareholder class actions over alleged failures in the management of its anti-money laundering and counterterrorism financing risks.
The Star accuses ATO of breaching settlement agreement
The Star Entertainment Group has filed court proceedings against the Australian Taxation Office seeking to have interest charges on a tax bill cancelled, saying the ATO acted “unfairly” by not adhering to the terms of a 2001 settlement agreement.
Gambling addict sues Crown Melbourne over $4.5M loss
A high roller with a severe gambling addiction has taken Crown Melbourne to court, alleging the casino’s “predatory” practices caused him to lose more than $4.5 million over three and a half years.
The Star loses bid to recover COVID-19 losses from insurers
The Star Entertainment Group will not be able to recoup losses at its casinos and hotels stemming from the COVID-19 pandemic, after a judge found the company's $4 billion industrial special risks policy did not cover financial losses from government-imposed restrictions.
Crown chair, CEO to step down as royal commissioner considers new casino operator
Crown Resorts chair Helen Coonan and the CEO of Crown Melbourne will step down at the end of this month, the latest heads to roll as the casino operator attempts to persuade Royal Commissioner Ray Finkelstein QC that it should keep its Victorian licence.
Tabcorp sued for patent infringement over ‘Cash Out on Quaddie’ feature
Australian gambling giant Tabcorp has been hit with a lawsuit for allegedly infringing two patents with its 'Cash Out on Quaddie' wagering feature.
Crown Melbourne unsuitable to hold casino licence, commissioner told
Crown Melbourne is not presently suitable to hold a casino licence in Victoria, counsel assisting the royal commission into the casino operator said Tuesday.