Connect with us
SIS

Australia

Queensland on the lookout for IR investors

George Miller

Published

on

Queensland on the lookout for IR investors
Photo Credits: shutterstock.com
Reading Time: 1 minute

The Australian State of Queensland wants to establish new integrated resorts in the area after failing to succeed with a bidding round four years ago.

Queensland is set to invite investors in late July or August to register their interest in the development of a new large-scale integrated resort with a casino license on Australia’s popular Gold Coast, local media reports say. The government is also already in talks with investors to develop another integrated resort in the coastal city of Cairns.

The government would issue two new casino licenses for the projects. It would also consider one operator for both developments and the success of Cairns might be dependent on the Gold Coast integrated resort going forward, the reports say.

Annastacia Palaszczuk, Queensland Premier has travelled to Las Vegas and Macau recently and she met potential investors. Apparently, there is already some expressions of interest in Cairns as ten potential investors may have already registered their names.

The government expects the new IRs to boost an already thriving tourism sector which contributes US$17 million to Queensland’s economy and supports over 230,000 jobs.

 

Source: FocusGamingNews

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Comments

Australia

Tabcorp reports higher revenues in 2019

Niji Ng

Published

on

By

Tabcorp reports higher revenues in 2019
Photo Source: Tabcorp
Reading Time: 1 minute

 

Australia’s gambling company Tabcorp has reported impressive results for the first month of 2019 on the revenue front. The group amassed revenues of $2,787m, an increase of 108.3 per cent when compared to last year’s revenue for the same period.

The rise is attributed to strong lotteries and Keno performance, digital and retail growth, increased investment in customer generosities and UBET, underperformance pre-transition to full TAB offering, good progress on gaming services contract renewals and new venue sign-ups, and operating expenses reduction driven by synergy benefits.

Continue Reading

Australia

Australia forms anti-match fixing unit

Niji Ng

Published

on

By

Australia forms anti-match fixing unit
Image Source: economist.com
Reading Time: 1 minute

 

Australia has decided to the Sports Betting Integrity Unit, to intensify its fight against the illegal practices in the betting industry. This unit will strengthen the national anti-doping regulator.

The new body is expected to tackle match-fixing and cheating in local sports. It will also oversee the nation’s top sporting codes, such as the AFL and NRL. The new national sports integrity commission is likely to begin its operation in July 2020 and will gather and act on intelligence about match-fixing and corruption.

The Department of Home Affairs, the Australian Sports Anti-doping Authority (ASADA) would also get more powers to tackle doping under this new guidance. The authority will also work with federal agencies to collect intelligence and work with integrity units.

The creation of the new unit comes after an inquiry by former police corruption royal commissioner James Wood, who raised concerns after it was revealed that information about corruption and organised crime infiltration of sport was not being acted upon.

Continue Reading

Australia

UFC World Champion Robert Whittaker Becomes Latest PlayChip Brand Ambassador

Zoltan Tundik

Published

on

Photo source: Robert Whittaker Twitter
Reading Time: 1 minute

 

The current UFC Middleweight Champion struck a deal with the Universal Gaming Token in the lead up to his highly anticipated title fight at UFC 234 in Melbourne next month.

One of Australia’s biggest stars in mixed martial arts has joined the PlayChip Ambassador team ahead of his title clash with USA’s Kelvin Gastelum.

Robert “The Reaper” Whittaker, the incumbent UFC Middleweight Champion, is becoming one of the most recognisable names in the sport having remained unbeaten since 2014, racking up nine straight victories. He is currently ranked #12 on the UFC’s list of best pound-for-pound fighters.

Whittaker’s addition to the PlayChip family continues the Universal Gaming Token’s affiliation with the rapidly growing sport of Mixed Martial Arts, following its agreement with the striking coach of Conor McGregorOwen Roddy, late last year. Cricketing icon, Brett Lee, rounds out the group of ambassadors for PlayChip.

PlayChip Foundation board member, Daniel Simic, was thrilled with addition of the prize-fighter and backed both parties for big things in 2019.

“We are proud to have Robert join the team ahead of his massive clash next month,” he said. “Robert embodies everything we strive for here at PlayChip – dedication, professionalism and an unstoppable drive for success”.

Robert Whittaker was also excited about the new partnership, saying, “PlayChip is at the cutting edge of online gaming. It’s a dynamic first mover in a big market and is a great fit for Team Whittaker. I look forward to changing the game of UFC and online gaming with PlayChip”.

Whittaker is defending his UFC Middleweight World Championship Belt at Rod Laver Arena in Melbourne on February 10. He is fighting against 4th ranked US contender, Kelvin Gastelum, in a match where tickets sold out in just 3 hours.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.