Colin Kruger

Colin Kruger

Colin Kruger is a business reporter focused on the retail and gambling industries. He joined the Sydney Morning Herald in 1999 as its technology editor. Other roles have included the Herald's deputy business editor and online business editor.

Sacked Star Casino boss got $192k payout

Colin Kruger Sid Vaikunta, the former head of Star Casino who was sacked earlier this year for misconduct, walked out the door with $192,125 in termination benefits.

Echo profit plunges as win rate slumps

Star

Colin Kruger Echo reports net profit sank to $42.2m as significant costs, a soft consumer environment, and below-par win rate on its VIP business.

Tatts shifts HQ as Victorian pokie licence expires

Gaming group Tatts stand to reap tens of millions of dollars if it wins a $135 million court stoush with the Tax Office.

Colin Kruger Tatts Group will move its corporate head office to Queensland, the state that will be its largest source of earnings.

Crown issues profit warning despite lucky streak

The incident occurred at Crown Casino.

Colin Kruger Crown Ltd temper a good result with warnings of higher costs and subdued consumer spending.

VIP gamblers help top up the coffers

Colin Kruger JAMES PACKER'S casino operation, Crown Ltd, reported a 53 per cent increase in reported net profit to $513.3 million for the year to June 30, boosted by a winning streak against VIP gamblers.

High rollers lift their game

Dream result: Crown's Macau casino.

Colin Kruger and Phil Wen As if Echo shareholders needed more reasons to throw in their lot with Crown Ltd.

Crown on winning streak against VIP gamblers

Roulette wheel

Colin Kruger James Packer’s casino operation, Crown, has rolled its high rollers, reporting a 53% increase in profit - but growth is slowing.

Tabcorp shares slump despite profit result

Tabcorp shares slump despite a solid full-year result as the market takes issue with the company's outlook.

Colin Kruger Tabcorp shares slump despite a solid full-year result as the market takes issue with the company's outlook.

Tabcorp keeps cards close to chest

tabcorp

Colin Kruger Tabcorp chief executive David Attenborough refused to reveal if the company is preparing to sue the Victorian Government over its refusal to pay compensation for the loss of its poker machine licence.

Tabcorp profit meets expectations

Horse racing.

Colin Kruger Tabcorp shares slumped as much as five per cent today despite reporting underlying earnings for the year that were slightly ahead of market expectations.

Five-year suspension for former ABC Learning auditor

ABC Learning.

Colin Kruger The corporate watchdog has finally claimed a scalp from the collapse of ABC Learning Centres.

ASIC finally notches ABC Learning win

ABC

Colin Kruger The corporate watchdog has finally claimed a scalp from the collapse of child care group ABC Learning, announcing today it has received an enforceable undertaking from the company's former auditor...

Billabong TPG talks progress

Billabong and TPG are nailing down the final details of a confidentiality agreement that will allow the private equity firm to commence due dilligence on the surfwear retailler this week.

Colin Kruger Final details are discussed to allow TPG's due diligence on the surfwear retailer.

Packer ups the stakes in Echo tussle

Roulette wheel in casino close-up. Photograph by istock. SHD TRAVEL NOV 21 SKI USA.
Roulette, Roulette Wheel, Roulette Table, Zero, Wheel, Gambling, Strategy, Addiction, Risk, Luck, Leisure Game, Chance

Colin Kruger, Carolyn Cummins Crown has upped the stakes in the cat-and-mouse game with rival casino operator Echo Entertainment, stitching up an exclusive agreement with Lend Lease to develop a luxury hotel at Sydney's harbour...

Packer steps up Sydney luxury hotel push

Barangaroo

Colin Kruger James Packer's Crown steps up its campaign to build a six-star luxury hotel at Sydney's development showpiece, Barangaroo.

Packer bets on Perth Crown

James Packer.

Colin Kruger James Packer continues to gamble heavily on luring Asian tourists to his Australian casino resorts.

Packer's Crown to wager $568m on Perth upgrade

Casino

Colin Kruger James Packer's casino operator Crown plans to spend $568m building a six-star hotel at its Burswood casino in Perth.

Asian woes hit high rollers

Speculation about the intentions of Echo Entertainment's would-be suitors centers on the global grab for Asia's growing population of high-rollers.

Colin Kruger Speculation about the intentions of Echo Entertainment's would-be suitors centres on the global grab for Asia's growing population of high-rollers.

High rollers take lower profile as cracks appear in China

Colin Kruger Speculation about the intentions of Echo Entertainment's would-be suitors, Crown Ltd and Asian casino operator Genting Group, centre on the global grab for Asia's growing population of high rollers.

China wine push may bear fruit

Cheers: Premium wine exports are growing.

Colin Kruger You know things are going well when the Chinese start pirating Australian wines at $500 a pop.