NSW to Become the First Australian State to Welcome Poker Machines Back into Action Following Covid-19 Shutdown

NSW to Become the First Australian State to Welcome Poker Machines Back into Action Following Covid-19 Shutdown

Clubs in New South Wales (NSW) could soon welcome crowds of more than 500 people in some venues. According to an internal industry document, large clubs that have multiple dining areas will be permitted to accommodate hundreds of people in case they meet certain conditions. Josh Landis, the CEO of ClubsNSW, sent a memo to member clubs across the state boasting that the industry heavily influenced the state government’s decision to ease the restrictions on the hospitality sector in New South Wales. Mr Landis explained that before making the decision…

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Flutter-Stars Multibillion Merger Followed by €900-Million Share Sale That Would Boost Gambling Giant’s Financial Flexibility

Flutter-Stars Multibillion Merger Followed by €900-Million Share Sale That Would Boost Gambling Giant’s Financial Flexibility

Only several weeks after the completion of its multibillion merger with The Stars Group, Flutter Entertainment has rolled out a share sale, which is expected to raise no less than €900 million. As revealed by the gambling operator, the transaction was initiated as part of the group’s efforts to reduce its debt burden in a volatile and uncertain market after its merger with The Stars Group, with the share sale set to make it financially flexible to take advantage of some opportunities that might follow the coronavirus crisis. After the…

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