Australia
The Star: New Debt Facility Arrangement
The Star Entertainment Group Limited announced that the Group’s corporate lenders have executed a commitment letter for a new debt facility (of up to $200 million in two-tranches) which will become effective upon completion of long-form documentation and satisfaction of various conditions precedent.
The Group’s existing $450 million facility has been reduced to $334 million which is fully drawn.
The Company’s lenders have agreed to provide covenant waivers for the next two testing dates, being 30 September 2024 and 31 December 2024, with the waiver for the latter date being subject to execution of long-form documentation for the new debt facility and other customary conditions.
The new facility comprises two tranches of $100 million each. The first tranche is expected to be available to be drawn, subject to conditions precedent, from the end of October 2024 through to 20 December 2024.
The first tranche is subject to certain conditions precedent being met, including:
•the provision of unsecured guarantees from some of the Group’s regulated entities and enhanced security granted to lenders;
•regulatory consents and government approvals as required for guarantees and enhanced security for the lender group;
•the establishment of a disposal proceeds account with a credit balance of an amount representing the net proceeds of the sale of the Treasury Brisbane casino building and any other non-core asset proceeds completed before the draw down; and
•other customary conditions precedent.
The second tranche is subject to more extensive conditions precedent but, if satisfied, would be expected to be available to be drawn from the end of December 2024 and have a 4 month availability period following the drawing of the first tranche.
The conditions precedent for the second tranche drawdown include:
•the receipt of required regulatory consents and finalisation of documentation for the granting to the lender group of security over the Group’s regulated entities;
•provision of information in relation to the Group’s long-term strategy;
•all lender approval of the Group’s strategic plan and long-term financial forecasts;
•the Company raising additional subordinated capital of at least $150m; and
•other customary conditions precedent.
The all-in coupon for the new facility is 13.50% per annum (assuming cash pay is elected), and the existing $300 million term facility has been repriced to this level:
•the Company has the flexibility to capitalise a component of the interest at its election; and
•there is a reduction in the coupon subject to the Group’s Adjusted Net Leverage Ratio falling below 4.0x.
The maturity date for the new facility is consistent with the existing term loan (December 2027). The Group will also retain up to $34 million of bank guarantees under the existing revolving credit facility.
The post The Star: New Debt Facility Arrangement appeared first on European Gaming Industry News.
Australasian Hospitality & Gaming Expo
Light & Wonder to Showcase its Latest Gaming Innovations at AHGE 2026
Light & Wonder Inc. has announced that it will showcase its latest gaming innovations at the Australasian Hospitality & Gaming Expo (AHGE) in Brisbane, Australia March 25–26. The show offers operators an opportunity to get a first-hand look at the new COSMIC DUAL cabinet alongside a portfolio of high-performing game content, player engagement solutions and electronic table game innovations.
“At Light & Wonder, we remain focused on delivering innovation that helps our customers create more engaging experiences for their players. The introduction of the COSMIC DUAL cabinet, alongside our latest portfolio of games and player engagement solutions, reflects our continued investment in hardware, content, and systems designed to drive performance across the gaming floor,” said Siobhan Lane, Chief Executive Officer of Gaming at Light & Wonder.
Visitors to Booth #194 can experience the latest evolution of Light & Wonder’s globally successful COSMIC hardware family with the all‑new COSMIC DUAL cabinet. Designed to deliver enhanced player experience and improved operational efficiency, COSMIC DUAL combines next-generation hardware with a sleek, modern design. The cabinet features dual Wide Color Gamut-enabled HD displays delivering vibrant graphics and smooth animations, plus an enhanced floating AR‑1 iDECK button panel with a larger player interface and signature cosmic lighting to stand out on casino floors.
The COSMIC DUAL cabinet’s debut will be supported by a curated lineup of new game content designed for the Australian market, including exclusive launches and elevated extensions of proven regional performers. Highlights include the exclusive JIN CHAN Repeat Win game family, alongside enhanced versions of fan‑favorite brands such as EUREKA N’ EVEN MORE BLASTIN’ and PIGGY N’ EVEN MORE BANKIN’. Also on display will be LOCK N’ MORE LINK, featuring familiar themes including PIGGY N’ MORE BANKIN’, EUREKA N’ MORE BLASTIN’, HUFF N’ MORE PUFF, and CATS HATS N’ MORE BATS.
In addition to its gaming portfolio, Light & Wonder will highlight systems solutions designed to enhance player engagement and streamline casino operations. The Patron Kiosk platform will be showcased as a flexible self-service solution that allows guests to access player club services, redeem rewards, and manage accounts through a modern, intuitive interface. The Display Manager Patron Kiosk platform extends these capabilities directly to the gaming machine, enabling players to access rewards, promotions, and event entries without leaving their game.
Light & Wonder will also showcase electronic table game innovations such as the QUARTZ VEGAS STAR platform, which offers immersive gameplay through titles like Roulette, ROULETTEX, and Tiger Baccarat. This platform is designed to elevate the electronic table games experience. The GM ATLAS Progressive Table system will feature games ULTIMATE TEXAS HOLD ‘EM, FREE BET BLACKJACK, DOUBLE HOOK POKER, and DOUBLE DOWN MADNESS, offering operators fresh ways to engage players at tables.
The Company will also shine a spotlight on the QUARTZ HYBRID terminal which brings several side bets from L&W’s extensive library of table games. These include DRAGON BONUS & LUCKY 6 side bets for Baccarat as well as stadium play for ROULETTE, ROULETTEX, STADIUM BLACKJACK, CASINO WAR, and THREE CARD POKER.
The post Light & Wonder to Showcase its Latest Gaming Innovations at AHGE 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Aristocrat Gaming
Aristocrat Gaming to Participate in Australian Hospitality & Gaming Expo
Aristocrat Gaming is going to participate in the Australian Hospitality & Gaming Expo (AHG) this March.
Taking place from the 25 – 26 March at the Brisbane Convention & Exhibition Centre, Aristocrat Gaming will give customers a first-class pass to see their brand-new line up of content for the Australian and New Zealand markets, supported by its show-stopping hardware, The Baron Upright.
Demonstrating the continued growth of their portfolio for clubs, hotels and casinos across ANZ, Aristocrat Gaming will have a broad line-up of new games for this region. Players will be delighted with the new entertainment options, whilst giving customers a competitive edge in a very strong hospitality market.
“Our studio teams here in Australia, and across the world, have been focused on delivering ANZ-first content for players and we’re incredibly proud to show that to customers at the expo” said David Ronson, Managing Director Aristocrat Gaming ANZ.
“There are now also over 10,000 Baron Upright cabinets across Australia and New Zealand and we can’t wait to continue building that momentum with an exciting line up of new content for our customers that drive their business forward,” said David.
Cash Express Legend and Dragon Vault are two new games launching at the show, accompanied by Cash Horns and Jackpot Tales – two new game families that were released in late February. Highlights of the content line-up includes:
• Cash Express Legend – Reimagines the classic game theme with all new trains and games. The iconic train feature returns, but it’s enhanced with four trains, new jackpots, plus Repeat Win and feature-in-feature Hold & Spin.
• Dragon Vault – A strong game in North America, this game has been re-designed for the Australian player with stunning Asian themed games. The symbol-driven “Overlapping Bonuses” feature enables Hold & Spin upgrades.
• Cash Horns – A rampagingly good game featuring charging bulls, it features easy-to-follow game play, and multi-level Hold and Spin.
• Jackpot Tales – Combines all-time classic stories with up-to-date game play for an exciting experience where players take on a quest for golden treasure chests.
With an ever-expanding portfolio, Aristocrat Gaming continues to support the existing fleet, including new games for Heaven and Earth as well as Thunder Empire X, all of which will be on display at the expo.
The Gaming Systems business from Aristocrat Interactive will also showcase how it is innovating the patron experience. It provides venues with a powerful, all-in-one platform for player engagement, promotions, membership management and real-time gaming performance reporting. It’s designed for scalability to enable venues to seamlessly add modules to suit the growth of their business.
The post Aristocrat Gaming to Participate in Australian Hospitality & Gaming Expo appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Australasian Hospitality and Gaming Expo
IGT Showcases Integrated Gaming, Systems, and FinTech Innovations Designed to Drive Growth at Australasian Hospitality and Gaming Expo 2026
IGT has announced that it will present a dynamic portfolio of games, systems and financial technology (FinTech) innovations at the 2026 Australasian Hospitality and Gaming Expo (AHG) in Brisbane, Queensland, March 25-26. In stand #9, IGT will highlight localised content and its unique capacity to integrate gaming systems and FinTech solutions to drive operational efficiency, revenue growth and player engagement.
“The Australasian Hospitality and Gaming Expo provides an excellent opportunity for IGT to demonstrate how our transformation can create value for our customers in Australia and New Zealand. We’re showcasing a strong regional portfolio of games, systems and FinTech that highlights our focus on expanded capabilities and enhanced content. We’re excited to present locally attuned versions of global hits such as Tiger and Dragon and Rising Rockets, plus regional games such as Golden Guardian Link and Hot Stuff Link, which both offer IGT’s new Superlink jackpot opportunities,” said Hector Fernandez, IGT Incoming CEO.
Product highlights within IGT’s AHG 2026 stand will include:
Versatile, next-generation Superlink jackpot: Superlink is a reimagined jackpot offering that affords operators additional choice and configurability options, while reducing jackpot liabilities across the gaming floor. Compatible with link games on IGT’s PeakDual27 and PeakCurve49 cabinets, Superlink jackpot will be showcased across IGT’s stand.
New, locally designed games: IGT’s Golden Guardian Link will debut at AHG, introducing a compelling hold-and-spin mechanic with super symbols that heighten the gameplay experience. IGT will also showcase the vibrant, chili-themed Hot Stuff Link, featuring a new prize wheel mechanic, and Bandit Link, a proven performer in the region that delivers fast-paced, high-volatility action.
Localized versions of global hits: IGT’s Tiger and Dragon and Rising Rockets multi-level progressive (MLP) games will be focal points of IGT’s AHG showcase. Featuring the player-favorite three-pot mechanic, global appeal and content-rich bonuses, these titles can help regional operators diversify their floors with proven titles with wide appeal.
Systems portfolio emphasizes seamless player and operator experience: enhancements to the IGT ADVANTAGE CLUB system will introduce additional player engagement opportunities, including the new Point Explosion bonus game. IGT’s systems advancements also help reduce friction within the solution’s anti-money laundering (AML) functionality via new EZ Automate, EZ Budget and EZ Reporting features.
Award-winning FinTech solutions: Everi, an IGT brand, will present the prestigious Everi Premium Cash Redemption Terminal (CRT), now compatible with tap functionality for smooth digital card interactions. In addition, Everi cash handling, compliance, RegTech, and payment solutions, featuring existing integrations with IGT systems, will be showcased via demos of digital wallet and card solutions implemented in New South Wales casinos and clubs.
The post IGT Showcases Integrated Gaming, Systems, and FinTech Innovations Designed to Drive Growth at Australasian Hospitality and Gaming Expo 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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