Latest Casinos News

Aristocrat Leisure has extended its on-market share buy-back program by an additional A$750 million, doubling the total capacity to A$1.5 billion as part of its ongoing capital management strategy.

The Star Entertainment Group has reshuffled its leadership, appointing Soo Kim as Chairman and Bruce Mathieson Jnr as CEO, signaling a new strategic phase for the casino giant.

BetMakers Technology Group has signed a definitive agreement to acquire Las Vegas Dissemination Company, gaining direct access to major Nevada casino operators and projecting $4.5 million revenue in the first year.

Reef Casino Trust estimates a higher full-year distribution for 2025, driven by a robust second half boosted by Cairns’ busy tourist season and increased gaming revenues.

Hammer Metals has secured an option to acquire the Mt Sefton Gold Project in Western Australia, expanding its portfolio into a largely unexplored greenstone belt near the Gruyere deposit. Historic soil sampling shows promising gold and arsenic anomalies, setting the stage for upcoming exploration.

Iris Cairns Property Pty Ltd has announced a delay in its takeover bid for Reef Casino Trust due to extended regulatory approval timelines, signaling a planned extension of the offer period beyond May 2026.

Reef Casino Trust has lodged a supplementary statement revealing delays in regulatory approvals that are likely to extend the takeover bid timeline by Iris Cairns Property. The board maintains its recommendation to accept the offer despite the uncertainty.

Reef Casino Trust’s takeover bid by Iris Cairns Property faces a regulatory hurdle as Queensland’s Office of Liquor and Gaming Regulation delays suitability investigations, pushing the offer period beyond March 2026.

The Star Entertainment Group has secured crucial regulatory approvals to convert a $300 million strategic investment by Bally’s Corporation and Investment Holdings into equity, setting the stage for board changes and a path toward financial recovery.

Light & Wonder, Inc. transitions from an ASX Foreign Exempt Listing to a full ASX Listing, marking a significant regulatory shift without raising new capital. The company continues trading its shares as CHESS Depositary Interests on a 1, 1 basis.

Aristocrat Leisure reported robust FY25 results with 11% revenue growth to A$6.3 billion and a 12% rise in NPATA, fueled by strong performances across its gaming segments and strategic acquisitions. The company signals continued profit growth in FY26, underpinned by organic expansion and market share gains.

Aristocrat Leisure has delivered a robust FY25 performance with double-digit growth in earnings and revenue, underpinned by market share gains and strategic portfolio realignment. The company also returned $1.4 billion to shareholders through dividends and buy-backs.