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CASINO News & Analysis

What tighter regulation could mean for Tabcorp
Video
What tighter regulation could mean for Tabcorp
A new report from the federal government into online gambling marks yet another call for tighter regulations for the nation's gaming industry. We sit...
Joshua Peach | 19 July 2023
Analyst insights: Is Star Entertainment a buy?
Video
Analyst insights: Is Star Entertainment a buy?
Star Entertainment shares hit new lows this month, but Morningstar's Angus Hewitt says the market pessimism is overblown.
Angus Hewitt | 19 February 2023
A complete loss of Star's casino licence is unlikely: Morningstar
Video
A complete loss of Star's casino licence is unlikely: Morningstar
Morningstar equity analyst Angus Hewitt discusses the impacts of the Bell Report.
Angus Hewitt | 15 September 2022
AUSTRAC scrutiny on embattled casinos immaterial: Morningstar
Stocks
AUSTRAC scrutiny on embattled casinos immaterial: Morningstar
But we do not expect potential fines to have a material impact on our fair value estimates for the casinos.
Angus Hewitt | 10 June 2021
Morningstar raises Crown fair value as suitors gather
Stocks
Morningstar raises Crown fair value as suitors gather
The improved offer from American private equity group Blackstone is more likely than that of Star Entertainment, says analyst Angus Hewitt.
Lewis Jackson | 11 May 2021
Crown probe damaging but anticipated: Morningstar
Stocks
Crown probe damaging but anticipated: Morningstar
The casino giant may have lost this hand but it'll be back to the table, says Morningstar.
Emma Rapaport | 11 February 2021
Coronavirus sends leisure stocks into buy zone
Stocks
Coronavirus sends leisure stocks into buy zone
The outbreak is cutting a swathe through markets but the sell-off means 11 travel and leisure companies, including three from Australia, hold renewed...
Glenn Freeman | 04 February 2020
Packer sells shares in Crown to Melco
Stocks
Packer sells shares in Crown to Melco
James Packer has sold almost half his stake in Crown Resorts for $1.76 billion to a Macau-based entertainment company.
AAP | 30 May 2019
Star's profits dip as international VIPs cash out early
Stocks
Star's profits dip as international VIPs cash out early
The Star Entertainment Group's first-half profit dipped 2.4 per cent to $123.8 million after more of its high-stakes gamblers cashed out early.
Lex Hall with AAP | 21 February 2019
Crown posts soft first-half result as punters spend less
Stocks
Crown posts soft first-half result as punters spend less
Casino operator Crown Resorts has had a strong number of punters through its doors but they're spending less on average, which has resulted in a soft...
Lex Hall | 20 February 2019