Branson, Richard
Richard Branson's business empire is at risk of imploding after a corruption scandal threatens to destroy his reputation. At the center of the storm is Guy Snowden, a former head of G-Tech, a company with a 22.5% stake in Camelot, the national lottery organizers. In a shocking
Branson, Richard
The National Lottery regulator, Peter Davis, has come under intense scrutiny following Richard Branson's libel win over bribery claims against Camelot director Guy Snowden. Despite the damaging allegations, Davis has refused to resign, stating his intention to complete his full term. However, the crisis has deepened with Culture
Gambling industry
The sacred symbols and meanings of Christmas are being eroded by the encroaching secular culture, according to the Catholic Archbishop of Melbourne, Sir Frank Little. In a Christmas Day sermon at St Patrick's Cathedral, Archbishop Little urged Christians to preserve the true meaning of Christmas by resisting the
Gambling industry
Crown Casino's phenomenal success has left its Sydney rival, Sydney Harbour Casino, struggling to keep pace. The Australian Open Championship in Melbourne provided a coup for Crown, with golfer John Daly's massive win at the casino drawing international attention and earning Crown an estimated $300,000
Gambling industry
A New South Wales inquiry has concluded that Leighton Holdings' chief executive, Mr Wal King, and another executive are not of good repute due to character, honesty, and integrity concerns. However, this setback did not impact the company's investment in the Sydney casino, with Leighton and its
Gambling industry
The Kennett Government has defended its member of the Casino and Gambling Authority, Ms Tina McMeckan, against allegations of a conflict of interest in her husband's role as an executive director of Macquarie Bank, which served as financial adviser to Crown Casino's successful bid for the
Gambling industry
Crown Casino's shares have been suspended by the Australian Stock Exchange (ASX) due to concerns over the costing and design of the expanded casino project, which has blown out the overall cost by more than $200 million to $970 million. The suspension, made on Friday afternoon, is pending
Gambling industry
Circus Circus Enterprises, a leading casino and entertainment company, has posted record operating results, fueled by the success of its luxury resorts and riverboat casinos. The company's financial performance was driven by the opening of Circus Circus-Tunica on August 29, 1994, and the continued success of Luxor, its
Sports associations
Toronto ONT -- Ontario Liberal Leader Lyn McLeod called for the NDP government to drop the basketball portion of its Pro-Line lottery to secure a Toronto NBA franchise. The government's special adviser, David Reville, expressed concerns that this added pressure undermines the province's bargaining position with
Sports associations
As the National Basketball Association (NBA) seeks to have basketball games removed from Ontario's Pro-Line sports lottery, the Ontario government must decide whether to comply or stand firm in its negotiations. With the lottery contributing significantly to the province's coffers, particularly during a time of economic
