Recent Posts

NZ regulator may force pub pokie machine operators to give more back to communities

The New Zealand regulator may force pub pokie machine operators to give more back to their local communities and provide more detail on grant winners and losers. The Department of Internal Affairs, which oversees gambling regulations, has released a consultation paper on proposed changes for rules governing slot machines in pubs. Some $260 million of pokie money was returned via …

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Trilogy forecasts smaller first-half loss, softens FY guidance

Trilogy International, which changed its named from Ecoya in June to reflect the dominance of its skincare business, forecasts a small first-half loss while tipping a second-half pickup which would help it to almost meet guidance for the full year. The net loss will probably be $514,000 in the six months ending Sept. 30, down from a loss of $782,000 …

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Synlait beats prospectus forecast as full-year profit more than doubles

Synlait Milk, the Canterbury-based dairy processor that went public in July, posted a 161 percent jump in full-year profit, beating its prospectus forecast, although infant formula sales missed its target. Profit was $11.5 million in the year ended July 31, from $4.4 million a year earlier, the company said in a statement. Sales rose about 12 percent to $420 million, …

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