This will be the second time Packer is stepping down from the director post in his company. In 2015, he resigned as chairman of the board. However, conflicting statements from Crown Resorts leave a lot of confusion. On the one hand, the company mentioned âpersonal reasonsâ in a filing to the Australian Securities Exchange (ASX). In a different statement to local media, they did not mention Packerâs reason for leaving.
A Site Blocking Efficacy Study conducted by Incopro showed that Aussies use illegal file-sharing sites 53 per cent less compared to last year. However, the report published on Wednesday also revealed that there has been an increase in traffic by people using proxy sites to access the sites that were blocked.
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Betting industry staples have struggled to stay relevant in Australia’s ever-expanding gaming gambling market. While TAB has been around in the online gambling market for years, the company has only just started to make its digital betting service a priority – and the move has proved to be a successful one.
Ugo Foscolo ($7.50) is an interesting runner from the Waterhouse/Bott yard, making his Australian debut on Saturday. The three-year-old gelding has five wins from six career starts with a last start trial win by 7L. Godololphin’s Impending ($12) is the other three-year-old in the race while Japonisme ($18) is one runner who might enjoy some sting out of the ground.
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At the start of 2017, Crown Resorts made a controversial decision to end dealings in Macau. Their board also stated that the casino operator would focus on domestic operations in Australia. In May of 2017, Crown Resorts announced that they expected to receive US$1 billion after selling the rest of their stake to Melco Resorts. Crown Resorts will also be sued by their investors in Australia for not announcing their intentions sooner.
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