SkyCity Entertainment's earnings are recovering faster-than-expected from the Covid crisis, said Standard & Poors in a note raising its credit outlook to stable from negative.
Crown Resorts' largest shareholder has reached an accord with the New South Wales regulator under which it agreed not to seek representation on the board, share information with the company or have discussions that are not in a public forum.
Despite Covid-mandated travel restrictions, the number of new hotels will continue to expand in 2021 with 820 hotel projects and 190,332 rooms due to go live in the Asia Pacific region.
Australia-listed Crown Resorts has announced the appointment of a new executive director, Bruce Carter, to the Crown board, subject to regulatory approvals.
Foreign online gambling operators with registered domain names will be wise to review a change in rules which could limit their ability to secure and keep their Australian domain names.