Junket veteran Jack Lam has sold his controlling stake in junket investor Jimei International Entertainment Group Ltd.
Private equity group Pacific Consortium has sweetened its offer for the proposed takeover of Tatts Group, making an all cash offer of A$7.2 billion, or A$4.21 cash per Tatts share.
International Game Technology PLC (IGT) on Monday announced the sale of its social casino subsidiary, Double Down Interactive LLC, to an affiliate of DoubleU Games Co., Ltd., a leading global social casino operator headquartered in South Korea.
Tabcorp has agreed to divest its gaming machine monitoring business as part of the process for securing approvals for its proposed merger with Tatts Group.
Scientific Games Corp. has announced it completed the acquisition of privately held mobile and social game company Spicerack Media, Inc.
Rummy website Ace2Three is set to be acquired by a consortium of foreign funds led by Canadian Private Equity fund Clairvest Group Inc. for around CAD$100 million (US$74 million).
Australia-listed Tabcorp has lodged an application with the Australian Competition Tribunal for authorization to proceed with its merger with Tatts Group.
Delta Corp Ltd. has been given the shareholder green-light to merge with Gauss Networks, the parent company of poker website Adda52.
The acquisition of online rummy operator Ace2three by Delta Corp may not be going ahead, as the company focuses instead on bolstering the online rummy product of Adda52.
Macau junket investor Iao Kun Group Holding Company says it will no longer look to expand its VIP gaming portfolio, instead focusing on investments outside the gaming sector.