Day: 22 April 2019

Australian Veterans Call for Further Measures to Remove Poker Machines from RSL Clubs in Victoria

Mon 22 Apr 2019 14.22 Daniel Williams
Australian Veterans Call for Further Measures to Remove Poker Machines from RSL Clubs in Victoria

Young veterans from the Returned and Services League of Australia (RSL) have urged local authorities to make sure that controversial poker machines are eliminated from its clubs. For the time being, there are about 280 RSL sub-branches in the state of Victoria. A total of 52 of them have poker machines. Lately, a group of young veterans headed by the former Army officer David Petersen is calling for higher welfare payments of veterans and stricter measures aimed at tackling gambling machines for spreading further. The 32-year-old Petersen is currently president…

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Analysts Remain Optimistic about Australian High-Roller Casino Sector’s Possible Recovery in 2020

Mon 22 Apr 2019 8.19 Olivia Cole
Analysts Remain Optimistic about Australian High-Roller Casino Sector’s Possible Recovery in 2020

According to analysts, the main effort of the largest casino operators in Australia to once again become attractive to wealthy Asian high-rollers is to remain on the agenda amid the overall economic decline in China. However, experts are now more optimistic about the chances of a recovery in the upcoming fiscal year. At a time when China has recorded the slowest growth rate of its economy in almost thirty years, partly driven by its controversies with the US, Australian casino behemoths, including Crown Resorts and Star Entertainment have faced a…

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