Monthly Archives: August 2017

PokerStars Makes Big Splash in Online Slots with Million-Dollar Jackpot Hits on Consecutive Days

Two gamblers playing Millionaires Island, an online slot game offered by PokerStars Casino, hit million dollar jackpots on consecutive days, PokerStars announced on Thursday. They were the third and fourth […]

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PokerStars Championship Security on High Alert Following Barcelona Terror Attack

Casino Barcelona ramped up security immediately following Thursday’s terror attack in Spain. The casino is presently site of the PokerStars Championship Barcelona, which began on August 15 and runs through […]

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Tabcorp merger costs weigh heavily on Tatts fiscal profit

Now is probably not the best time to be in Tatts boss Robbie Cooke’s shoes.

The weight of Tatts Group’s planned merger with rival Tabcorp is putting an immense pressure on Cooke, especially after its profit dropped 5.7 percent in the fiscal year.

In a regulatory filing, Tatts reported that its net profit in the year to June 30 slipped to AUD220.5 million (US$174.63 million) from $233.8 million (US$185.17 million) in the previous year.

Tatts revenue, meanwhile, was down 5.1 percent to $2.78 billion (US$2.2 billion) in the 12 months to June 30.

Loose casino regulations could spare The Star, Crown casinos from future license probe

Crown resorts and The Star Entertainment Group may be spared from further scrutiny in New South Wales (NSW) in the future should the government decides to abolish a mandatory five-yearly investigation of casino license.

The Sydney Morning Herald reported that the NSW government is now mulling on changing its present regulation in order to level the playing field between Sydney’s Star Casino and the under-construction Crown Casino.

The NSW government reportedly received at least 200 recommendations, including allowing The Star to provide credit to international “premium players”, which will be allowed at Crown Sydney upon its anticipated opening in 2021.

But the most important recommendation that the NSW received was the possible abolition of the mandatory five-year Section 31 investigations of the license and operations of casinos.