A LESSON FOR ALL AS COSMOPOLITAN REVENUE JUMPS UNDER NEW MANAGEMENT.

Bill McBeath knew exactly what was missing at the Cosmopolitan Las Vegas: gamblers. In the 14 months since Blackstone Group LP brought him in to run the 3,000-room resort, McBeath has created a new high-limit…

FOOD A DRIVING FORCE AT NEW HARBORD DIGGERS

Sydneysiders will get a taste of one of the most exciting new club developments around when Harbord Diggers launches its’ temporary club venue late next month.  Boasting two up-scale restaurants, a…

GUIDELINES SET FOR SKILLED BASED GAMES IN US

In a push to draw new younger players into the industry from the vast millennial generation, the US states of New Jersey and Nevada are providing slot machines with payback percentages that vary according…

CROWN WON’T FOLD ON POKER TAX.

Crown Casino has been locked in a three-year battle with Victoria's gambling regulator on whether commissions earned on entry fees to popular poker tournaments should be taxed. Crown doesn't think so.…

TAKE OUTS FROM ROSS GREENWOOD LUNCH

The Drop had great pleasure in hosting a finance focused industry lunch last week, with a keynote address from media personality and business and finance guru Ross Greenwood. He made some interesting points…

TWO CASINOS FOR TASSIE?

The Federal Group’s monopoly on poker machines in Tasmania could end in 2023, with the Liberals pledging to put the right to operate poker machines outside casinos on the market. A plan to introduce…

HOW TO COUNTER THE CHRONIC CHEF SHORTAGE

One of the biggest challenges clubs and pubs are currently facing, is the continuing shortage of good hospitality staff and in particular, good chefs.  The Drop has found a way to help counter that challenge…

THE NEWPORT FINALLY SET TO OPEN EASTER WEEKEND

Despite still looking like a building site this week, Merivale CEO Justin Hemmes is confident that The Newport will open on Good Friday, March 25. The opening date has been pushed back at least twice and…

HONG KONG CASINO MAGNATE BUYS UP MORE OF GOLD COAST

Hong Kong casino billionaire and Aquis Chairman Tony Fung, has entered into a joint venture with Chinese developer Tandellen and CCCC International Holding, a major government-owned Chinese construction…

BAN ON LIVE SPORTS BETTING – AT LEAST TILL AFTER THE ELECTIONS

In a bid to regulate the rapidly growing $3 billion a year sports betting industry, the Federal government last week announced a series of wide-ranging changes. These changes include the banning of online…