Hospitality Net – As part of its asset management strategy, Accor announces the sale of its participation in the Reef Casino in Australia. This participation includes a 29% stake in Reef Casino Trust (RCT), a listed entity, as well as its 50% stake in the related businesses of RCT, i.e. Casinos Austria Cairns, and Reef Corporate Service. Total proceeds for Accor will amount to AU$85m (c. €55.5m). Reef Casino is a complex located in Cairns (Northern Queensland, Australia), that includes a 128 room Hotel, and a Casino with over 500 gaming machines. The buyer is Aquis, a Hong-Kong based Investment…

From Poker Fuse The PokerStars and 888 poker apps have been removed from the Apple App Store at the request of the government, pokerfuse understands. No formal statements have yet been released from any parties involved, but tweets from PokerStars to concerned players have confirmed that the app was pulled country-wide, and players are directed to voice their concerns with the authorities. “Your local authorities are the best point of call for information. As far as we know it’s a ‘clamp down’ on mobile gaming,” reads one tweet made Sunday. The Interactive Gambling Act 2001 in Australia prohibits most forms…

In a bid to curb problem gambling, broadcasters in Australia live odds have plans have been unveiled that will see bookmakers prohibited from publicizing odds on radio and television during live sporting events. Current estimates have up to 500,000 Australians at risk of becoming problem gamblers with the most recent move from the nation’s radio and television industry coming in the wake of Prime Minister Julia Gillard stating that citizens are becoming ‘increasingly frustrated’ with the promotion of odds. “From the moment that the players step onto the field, to the moment that they leave the field, there will be…