Tag Archives: punters club
- David Walsh offers insights into Punters Club’s wagering ways
December 14, 2013
David Walsh, millionaire art curator and member of Australia’s legendary Punters Club betting syndicate, has one word for bettors who’d like to follow in his footsteps: don’t. In a wide-ranging interview with the Australian Financial Review, Walsh (pictured) offered a rare glimpse into the wagering ways that earned he and...
- Crown gains Labor support for Sydney casino; Sportsbet deadbeat skips court
October 23, 2012
He’ll have to wait until 2019 to open it, but it looks like Crown Ltd. boss James Packer will realize his dream of having a casino in Sydney, Australia. Packer has long desired to build a $1b hotel-casino in the Barangaroo redevelopment in Sydney Harbor, but rival operator Echo Entertainment’s...
- VIP win rate boosts Crown profit; Punters Club leader was roulette fan at age 12
August 10, 2012
Australian casino operator Crown Ltd. posted a 22% gain in normalized profits to AU$415m (US$436m) for the fiscal year ending June 30. (Normalized profits are considered a more accurate reflection of performance because they eliminate variance in theoretical win rate from high-rolling VIP gamblers.) Non-normalized profits, on the other hand,...
- Crown picks developer for Sydney casino; sports betting whale data in court
August 2, 2012
Crown Ltd. boss James Packer is having a banner day. To begin with, Australia’s competition watchdog gave thumbs-up to Rupert Murdoch’s News Corp’s $2.1b bid for pay-TV outfit Consolidated Media Holdings, in which Packer holds a 50.1% stake. Assuming the News Corp deal goes through, the extra $1b in Packer’s...
CrownBet launches new TV ad, but won’t mention betting
September 26, 2016