Who will buy Melco’s City of Dreams Manila?

Who will buy Melco’s City of Dreams Manila?

Last month, Melco Resorts & Entertainment confirmed it is “exploring potential strategic alternatives” for City of Dreams Manila, raising the possibility of selling its Philippines resort. Is the billion-dollar price too steep? Melco aims to free capital for its planned entry into Thailand, expected to approve casino legislation this year. During a fourth-quarter earnings call,…

Thailand announces potential casino host sites

Thailand announces potential casino host sites

Thailand has selected four locations to host “entertainment complexes,” which will feature the nation’s first casinos. Earlier this week, Prime Minister Paetongtarn Shinawatra emphasized that the country will not rush the passage of casino legislation, allowing the public more time to provide feedback. However, lawmakers have continued shaping the Entertainment Complex Act. On 13 March,…

Mystery Melbourne resident snags $15 million Oz Lotto jackpot

Mystery Melbourne resident snags $15 million Oz Lotto jackpot

A mystery Melbourne player may have gone to sleep last night completely unaware that they are now $15 million richer after claiming one of the two division one winning entries in Oz Lotto’s latest draw.The second division one ticket was won by a New South Wales resident who purchased their entry via OzLotteries.com.The unknown Victorian…

Australians have the biggest gambling losses in the world, damning new report finds

Australians have the biggest gambling losses in the world, damning new report finds

A “hands-off approach” has made Australians the world’s heaviest gambling losers, a scathing report claims, criticising the nation for letting the industry “run rampant.”The average Australian adult spends $1,635 a year on gambling, according to a Grattan Institute report.That figure exceeds typical household electricity bills and far surpasses the gambling spend in comparable nations such…

The Star Sydney casino fined $15 million as licence remains under review

The Star Sydney casino fined $15 million as licence remains under review

The Star Sydney has been hit with a $15 million penalty but will retain its licence, under conditions, after a detailed regulatory investigation.The NSW Independent Casino Commission confirmed the fine today and outlined a set of strict licence requirements.This means the troubled casino – flagged for leadership and cultural issues – can continue operating but…

Revealed: The Australian states and territories spending the most on gambling

Revealed: The Australian states and territories spending the most on gambling

A new study has revealed Australians spend more per capita on gambling than any other nation worldwide. But when looking closer at state figures, some regions show far higher habits than others. Research reviewed by the Japanese Online Casino guide outlines total gambling spend per person. Here’s a look at which states and territories are…

Victoria introduces Australia’s toughest pokie machine regulations

Victoria introduces Australia’s toughest pokie machine regulations

The Victorian government will slash the maximum cash input into poker machines from $1000 to $100 under sweeping reforms tabled in parliament today. The new laws establish the foundation for carded play, requiring gamblers to use a player card before operating a machine. The card informs players about their gambling behavior and enables them to…

The areas in Sydney where the most money is lost on the pokies

The areas in Sydney where the most money is lost on the pokies

Gambling in NSW remains at concerning levels, with players losing more than $1 million to poker machines every single hour, adding up to just over $24 million daily. Between July and September 2024, losses on the state’s 87,000 machines totaled $2.25 billion, according to new figures from the NSW Department of Liquor and Gaming. Click…

Sydney woman becomes biggest Oz Lotto winner ever with $100 million jackpot

Sydney woman becomes biggest Oz Lotto winner ever with $100 million jackpot

A woman from Western Sydney says she can finally quit working “seven days a week,” buy her first home, and “take some holidays” after winning the full $100 million Oz Lotto jackpot. The winning numbers in draw 1616 were 3, 34, 35, 26, 44, 39, 36, plus the supplementary numbers 5, 45, and 6.It marked…

Man lands $60 million lottery jackpot after ‘dreaming’ of winning numbers

Man lands $60 million lottery jackpot after ‘dreaming’ of winning numbers

A Queensland dad said he was daydreaming about his lucky numbers when lotto officials called to tell him he had secured a $60 million win. The Bribie Island local was the sole ticket holder to claim last night’s Powerball jackpot. He revealed that he had just gone to bed when the unexpected call came through….