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US firm taking over Australian casino company
Reading Time: 4 minutes
The seemingly permanently advancing nature of the Australian gambling world has recently seen trouble. If you have been keeping an eye out for the news, you know that the recent Beijing crackdowns on the gambling within the Chinese borders have caused many, spenders and investors, to turn away from the industry. This has resulted, in turn, in the decrease in revenues that the Australian gambling firms have been seeing over the years. While real money casinos in Australia are seeing a rise in users the physical casinos have seen a lot of damage done to them. While not catastrophic, the crackdown has had its effect. The large scale divesting by shareholders has resulted in a loss of value for many shares of large companies. Crown, the large casino company from Australia, has also seen itself face trouble as a result. So it came like a fresh breath of air when an American resort company got in touch with Crown with an offer to but them out lock, stock, and barrel, in the past few months.
Wynn resorts makes an offer
Wynn Resorts is a huge American company. It owns and operates resorts and, more importantly, casinos, in some of the biggest gambling hotspots around the world. The company owns and operates large casinos in Las Vegas and Macau, and have been interested in expanding its operations further into the world. The time could not be better, as with the Australian physical casino market looking a little bleak has caused the price of acquiring them to become so much lower.
Despite this, the offer to the owners of Crown is still quite a staggering number. Wynn resorts are offering seven billion US dollars to Crown for the entirety of their operation. The offer seems to be more than generous, and it has been reflected in the share value of Crown. The only recently, the value of shares was only around $14, while after the news was released, the value of the shares jumped up to $24, as people scrambled to get their share of the pie and drove the prices of the shares sky high. And while the markets are going wild over Crown shares, the heads and shareholders of the company sit in their offices deliberating if the deal is good enough for them. Whatever they decide, this deal is a much welcome infusion into the industry, as the markets once more get excited about the casino-related news
A slow year for gambling
The past year has been slow for the gambling industry within Australia, a direct result of some of the more significant changes in the gambling regulations over the past years. The reforms in advertising and requirements have been causing a slow loss of customer base for physical casinos. These users are heading to a more comfortable online experience, but the result is the physical casino industry. The biggest slots machine manufacturer in the country, Ainsworth Game Technology, has already been seeing losses in revenue and is expecting the trend to continue in the near future.
But the regulations do not seem to be abating. Some are expecting even more regulation to hit sometime in 2019 or beginning of 2020, which might again cause some problems for the gambling industry in AU. With the regulation already diverting most of the casino revenue to offshore companies, because of the requirement for online casinos to be from foreign countries. Some companies have already been showing signs that the coming years might be a bit of a struggle.
But the potential of the industry is not getting any smaller. All that is being done is that the energy of the people is directed elsewhere – to non-Australian shores. The issue with regulation is thus quite apparent and obvious, but there isn’t much being done to change it, only the add more regulation. The government has an issue with the citizens gambling but is not taking constructive steps to limit or change the nature of the problem, instead of moving the responsibility for regulation to other countries, which is already damaging to the economy.
A new hope
Despite the issues with regulation, there is no doubt that the current deal that is taking place between Wynn Resorts and Crown is a good sign for the industry. With a large offer such as this being made to the Australian casinos, it must mean that the potential of the market has become of interest to the world’s largest players. And if the largest players are trying to get into Australia, it might be a chance for the industry to be able to revitalize itself. Or maybe the large scale companies such as Wynn Resorts have the necessary funds and economic advantages to be able to compete with international online casinos and offer services that online casinos cannot compete with.
Whatever it is, the current face of the casino industry will need to see some change and revitalization. As Australian casinos lose their users to online casinos from offshore companies, it is important for them to get a chance at operation again with the infusion of new blood and new funds into the industry. It is hard to compete with what online casinos are offering to their users: experience a casino from home. But if the physical casinos manage to figure out a way to offer something attractive enough to the people who play, they might be able to compete with them. Whether this is the experience of the tangibility of the markets, the real world experience of playing at a casino, or something else that a physical casino is able to provide that an online casino won’t be able to, is up for the industry to figure out on itself. But at this rate, the casinos are competing against themselves. After all, who needs to go to Vegas, when you can bring Vegas to you, through your screen?
Other entrants?
Is it possible that there might be other big, international companies interested in the Australian casinos? While there is no way to confirm this at the time, there are suspicions that are international companies are interested in Australia. After all, when 80% of the country is likely to be gambling and some point in the year, it becomes an attractive market for companies that deal in the industry. So it is not surprising the Wynn resorts is interested in entering the already established market, but Crown is not the only company dealing in casinos within Australia, and each one of them has the potential to be a solid way to enter the market.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: US firm taking over Australian casino company
Latest News
POKERSTARS GALACTIC SERIES PAYS OUT MORE THAN €8 MILLION TO FRENCH, SPANISH AND PORTUGUESE PLAYERS
Reading Time: 2 minutes
Series and Main Event both exceed their guarantees
PokerStars’ has once again smashed expectations in Southern Europe, with the Galactic Series, one of its most popular series for players in France, Spain and Portugal, generating an €8 million prize pool, over €1 million above the guarantee. The prize pool was shared out across 261 events and more than 343,000 entries. The highlight of the series was the Main Event that paid out €365,025 to players across the three weeks.
GALACTIC STAR BATTLES FOR SILVER AND GOLD PRIZES
Throughout the series, players had the chance to get their hands on additional Silver and Gold Passes by opting-in to the Galactic Stars Battle. Players opted in for a PokerStars Ambassador, and all those who chose to support the leading Ambassador each week being entered into a freeroll to win a Silver Power Pass.
In Spain, captains ‘WilloelPillo’ and ‘and1ero’ saw a similar pattern. Willo was victorious in weeks one and three with 327,805 and 250,763 points respectively while Álex ‘and1ero’ Romero took the advantage in week two with 318,631 points and Esteban ‘estiwinho’ Pascual couldn’t reach the top spot in any week.
Silver and Gold Passes can be redeemed as entries to a range of PokerStars Live events throughout the year, including marquee stops at the European Poker Tour (EPT) and the PokerStars Open, which debuted this year and have provided players across Europe with world class poker at accessible price points with lively, grassroots-style atmosphere and entertainment. Closing out the season, EPT Prague starts December 3 and runs until December 14, and will be followed by PokerStars Open Cannes on December 16. Players with Gold or Silver Passes can redeem them for entries at both of these events.
“Once again, we’ve seen players from all over France, Spain and Portugal come together to enjoy the Galactic Series”, said Sandro Forleo, Head of Poker Operations for Southern Europe and Italy at PokerStars. “Our Mega Mystery events, where bounties can be won as soon as late reg closes, proved especially popular and continued to offer something new and enjoyable to players at all experience levels.”
The post POKERSTARS GALACTIC SERIES PAYS OUT MORE THAN €8 MILLION TO FRENCH, SPANISH AND PORTUGUESE PLAYERS appeared first on European Gaming Industry News.
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The eSports World Tournament FIFAe World Cup 2025™ Kicks-Off in Riyadh, Saudi Arabia on December 10!
Reading Time: 3 minutes
Commemorating the start of the tournament, a new in-game update arrives and fans can take part in a campaign launching today in eFootball
Konami Digital Entertainment B.V. (Konami) announces the FIFAe World Cup 2025 featuring eFootball. Kicking off on December 10th in Riyadh, Saudi Arabia, the official eSports tournament is hosted by FIFA® for a live audience and live streamed worldwide. This year marks the second edition of the tournament where a record of 90 countries and regions participated in the preliminaries totalling 16.51 million participants.
eFootball official website: konami.com/efootball…
FIFAe World Cup 2025 is an official eSports world championship co-hosted by Konami Digital Entertainment Co., Ltd. and the Fédération Internationale de Football Association (FIFA®). This year 12 national representatives emerged victorious from regional qualifiers and will now compete in the console and mobile divisions for the tournament’s highest honours and be crowned champions.
For the console division, it will be held in a 2v2 format with players participating in teams of three whereas the mobile division will be a 1v1 format. Both divisions will feature players from 12 different countries where they compete through a group stage and knockout stage before battling it out in the finals.
To celebrate the start of the tournament, users can participate in an eFootball campaign and can obtain free special items. Logging in during the campaign period rewards users with different items.
Additionally, users also receive one player item each day from a curated special player list. Users can also take on a Squad Challenge Event where clearing challenges with specific rules will reward them with various items. The campaign period is from December 4th – December 18th.
Coinciding with this campaign, a new game update has been implemented to adjust game balance and adds various features and gameplay elements to enhance the experience. A new particular feature analyses in-game player tendencies and adds an “Advice” feature where players and coaches provide feedback in real-time that could serve as a catalyst for improvements in tactics.
Another feature is the “Analysis” which aggregates and analyses the results of each user’s last 10 PvP matches and visualises their playstyle via comparison graphs and data against opposition from Division 1 – Division 4 users.
Also being introduced to this update is Ronald Koeman receiving the “Link-up Play” feature. Ronald Koeman possesses the “Aggressive Centring A” Link-Up where the “Centrepiece” is in possession of the ball, the “Key Man” will actively make runs towards goal from crosses. Activating this Link-Up increases the accuracy for high and low crosses as well as direct shots from those passes from the “Centrepiece” to the “Key Man”. Legendary player items such as “Epic: David Beckham” and “Epic: Jan Koller” meet the activation conditions and are now available in-game from December 4th – December 11th.
Other features and improvements include:
- “Auto Control” which allows the AI to take control when the user is not actively playing. • Adjustments in speed and acceleration for defenders by reducing the extreme disparities against speedy players.
- Acceleration during latter periods of a match with decreased stamina has also been fine tuned to allow players with decreased stamina to maintain their reaction speed even with a reduced stamina.
- Alterations to the “Defensive Awareness” parameter where defenders with high “Defensive Awareness” can now keep up with opponents more effectively even if their acceleration stat is lower.
Access the viewing page from ‘eFootball’ and watch the broadcasts for the Console Division and Mobile Division to earn up to 2,500eFootball points.
Day 1-3
- Console / Mobile
- Viewing Reward: 500 eFootball Points
Day 4 Final
- Console:
- Viewing Reward: 1,000 eFootball Points
- Mobile:
- Viewing Reward: 1,000 eFootball Points
The post The eSports World Tournament FIFAe World Cup 2025™ Kicks-Off in Riyadh, Saudi Arabia on December 10! appeared first on European Gaming Industry News.
Latest News
S8UL launches India’s first-ever FGC Talent Hunt Program to discover the next stars in Tekken 8 and Street Fighter 6
Reading Time: 2 minutes
A total of six players will be selected for the six-month program, running from January to June 2026, following the finals of the talent hunt
Selected athletes will receive professional coaching, fully funded participation in Tier-1 international tournaments, complete travel support, a monthly stipend, and integration into S8UL’s content ecosystem
Mumbai, December 4, 2025: S8UL, a global powerhouse in esports and gaming content, has announced a landmark initiative for India’s fighting game community (FGC) with the launch of a first-of-its-kind Talent Hunt Program for Tekken 8 and Street Fighter 6. Running from January to June 2026, the six-month program aims to identify and develop India’s next breakthrough fighting-game athletes through a structured, high-performance ecosystem and position the country prominently on the global FGC map.
Unlike traditional talent hunts, S8UL’s initiative is designed as a development pipeline, focusing on long-term athlete growth rather than one-off competition. From a wide pool of participants across the nation, a total of six players, including two for Tekken 8 and four for Street Fighter 6, will be scouted and selected solely based on their performance in the nationwide qualifiers and finals.
Selected players will receive one of the most comprehensive support structures ever provided in India’s competitive FGC space, including:
- A dedicated professional coach for each game throughout the six-month program
- Fully-funded participation in a minimum of three international Tier-1 tournaments
- Comprehensive travel support covering flights, accommodation, meals, local transport, and tournament registration
- A monthly stipend to ensure athletes can focus entirely on training and performance
- Integration into S8UL’s industry-leading content ecosystem, offering visibility, narrative-building, and community reach to both the players and the fighting game titles
Speaking about the program, Animesh Agarwal, Co-founder and CEO, S8UL Esports, said, “India’s fighting game community has shown tremendous potential but players have rarely had access to a structured environment that supports long-term growth. Through this Talent Hunt Program, we want to change that by giving selected athletes professional coaching, international tournament experience, and the day-to-day support they need to improve. This is not just a short-term project for us—it’s the beginning of a sustained effort to help build a strong foundation for fighting games in India and give our players a fair chance to compete on the world stage”
S8UL today stands as the only Indian esports organization competing across nine leading titles, and it has begun establishing a strong foothold in fighting games as well. After becoming the first Indian team selected for the Esports World Cup’s Club Partner Program, S8UL competed in qualifiers for titles such as Fatal Fury and Tekken 8, underscoring its long-term commitment to the FGC ecosystem.
S8UL’s state-of-the-art gaming house is one of India’s most advanced training and content facilities built to global esports standards. The setup includes structured training schedules, dedicated practice zones, content studios, analytics support, and a high-performance environment that drives discipline and growth. For the FGC Talent Hunt athletes, this access will be transformative. They will train like professional competitors while also learning to build their personal brands through content, storytelling, and community engagement, preparing them to become both top-tier players and future esports personalities.
With fighting games gaining momentum worldwide through major events such as EVO, the Esports World Cup, and the Asian Games, S8UL’s initiative arrives at a crucial moment for the Indian esports ecosystem. The Talent Hunt Program is poised to play an important role in positioning India as a rising force in the global FGC landscape.
Players interested in participating can register here – start.gg/tournament/s8ul-gauntlet/details?utm_source=ig&utm_medium=social&utm_content=link_in_bio&fbclid=PAdGRleAOeRm5leHRuA2FlbQIxMQBzcnRjBmFwcF9pZA8xMjQwMjQ1NzQyODc0MTQAAacpQXYhiJrLqlKmzwd17yHb8kmDHaXK8HAYTh5ltYtSyZqF5OSnaP6oHxgrtw_aem_ps-_uz-8aMSR5Nqa3IgPjA
The post S8UL launches India’s first-ever FGC Talent Hunt Program to discover the next stars in Tekken 8 and Street Fighter 6 appeared first on European Gaming Industry News.
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