The former Lendlease and Crown Resorts chief executive is leaving after two major shareholders, including Bally’s, took control of the embattled casino group. The co-founder of America’s biggest predictions market built a platform that lets people bet on anything. The results are the first for the embattled casino operator since Bally’s and the Mathieson family took over as majority owners. Polymarket has become a sprawling clearinghouse for geopolitical speculation, on which the line between informed conviction and inside knowledge is blurred.
The casino giant had been working on overhauling its borrowing facilities, and will replace a syndicate of lenders that includes Soul Patts and Macquarie. The embattled gaming group has finalised a deal to sell its stake in Queen’s Wharf to Chow Tai Fook and Far East Consortium and manage it for a small fee. The Albanese government’s planned new restrictions mean people could opt out of gambling ads on their favourite podcasts or platforms like YouTube and Spotify.
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The treasurer’s spending isn’t as “out of control” as you might be led to believe – and it’s the wrong thing to judge him on when he reveals the budget in May. One of the national broadcaster’s top HR executives resigned after receiving questions about a team building day on a rich lister mate’s yacht on Sydney Harbour. The Duchess of Sussex’s investment in a fashion platform, well-timed with her tour of Australia, is raising alarm in royal circles. The former Spice Girl-turned-fashion mogul has spoken publicly for the first time since her son’s incendiary Instagram post. Our youngest to our longest-serving journalists reveal what it means to work at the Herald and some of their big, memorable moments. If you want to sing along, there is a place for you – it’s called a karaoke club.
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