Yesterday
Mike Baird and Todd Greenberg could turn cricket into a money machine
Cricket Australia chair Mike Baird and his new CEO Todd Greenberg have a big decision to make about the BBL. What they do could reshape cricket forever.
This Month
Star Entertainment says $100m is all it has for AUSTRAC penalty
The financial crime watchdog says the court should disregard casino operator’s threat that it would collapse under the weight of a $400 million fine.
V’landys backs Tabcorp’s Gil McLachlan in pub wagering stand-off
The wagering giant plan to scrap commissions for pubs and clubs has irked the powerful hotels’ lobby. The racing industry sees things differently.
Former AFL boss launches Melbourne’s newest private club
Andrew Demetriou has had a vision for this members’ club since leaving the AFL in 2014. For $4500 a year you can experience it too.
High-risk junkets accounted for 14pc of Star’s revenues for five years
Documents filed with the Federal Court show the casino giant admitting high-roller trips which raised money-laundering issues were a huge part of its business.
How to sponsor an Olympic athlete (and get a tax break)
A new scheme encourages wealthy people to give money directly to athletes in lesser-known sports such as skeleton (it’s a bobsled) by offering tax deductions.
Entain boss Dean Shannon to depart ahead of AUSTRAC remediation
The chief executive who led the company since 2019 will step down upon the completion of a new anti-money-laundering program.
Japan’s Mixi hikes PointsBet takeover bid, valuing bookmaker at $402m
The entertainment giant’s hopes of acquiring the ASX-listed group had been complicated by a rival proposal from Matthew Tripp’s Betr, which holds 20 per cent.
CoStar considers Domain rebrand after buying Homes.com.au
The American real estate giant’s chief executive, Andy Florance, says the purchase of the domain name will give him “optionality” in the future.
How Cricket Australia uses AI to connect with sports fans
Cricket is a sport that generates millions of data points. Cricket Australia is trying to use them to engage fans.
Escalante to buy out investors in his $3.2b online gambling giant
Billionaire Laurence Escalante already controls 70 per cent of Virtual Gaming Worlds, and last month told unhappy shareholders they should just sell out of the company.
May
Blackstone’s Crown nears final regulatory hurdle in WA
The West Australian government said an independent monitor put in place after damning money laundering findings had concluded its work at the casino.
Premier League turns into Optus’ biggest headache
The telecoms giant has broadcast the English Premier League for nearly a decade. That could all change in a matter of months, but it all depends on price.
Former NT chief’s pokies regret: ‘I wish we never had them’
Alice Springs has one of the highest concentrations of pokies in the world. Shane Stone, who ran the NT in the ’90s, wishes he did more to rein them in.
Light & Wonder keen on more M&A deals, primary listing in Australia
The gaming group’s CEO, Matt Wilson, discusses its strategy, what businesses it might acquire, and how they are managing the Trump-led trade volatility.
James Warburton returns to Supercars as CEO
The former Seven West Media boss is back pursuing his passion: motorsports.
Blackstone had big plans for Crown Towers. They haven’t materialised
Blackstone spent $8.9bn on Crown Resorts in 2022 and promised investment. Crown Towers is now in desperate need of a glow-up – and it’s starting to become a problem.
Stokes wishes right-hand man well after surprise jump to NRL
Channel Seven news boss Anthony De Ceglie has been named as chief executive of rugby league’s newest club in the AFL state of Western Australia.
Aristocrat Leisure shares tumble as revenue falls short
Chief executive Trevor Croker sought to ease investor concerns after a disappointing half-year result took $3 billion off its market cap.
Billionaire’s son takes up the fight for the future of Ainsworth
Kjerulf Ainsworth, son of poker machine billionaire Len who founded Ainsworth Game Technology, wants a say in the company’s future.