Lottery service provider AGTech Holdings Ltd, saw a 29.4 percent decline in revenue for the first half of 2017, mainly due to the reduced sales of lottery hardware products.

Australia’s booming sports betting industry is still seen as being attractive to foreign investors despite the merger of local incumbents Tatts and Tabcorp, which are now expected to dominate the market.

Gaming supplier Aristocrat Leisure has announced it is planning to acquire an Israeli social-gaming company Plarium for US$500 million, increasing the company’s overall exposure to the digital market.

Goal Summit Ltd, a subsidiary of Suncity Group Holdings, is set to acquire a 34 percent stake in an integrated resort project in Hoi An South for an aggregate consideration of HK$600 million ($76.8 million).

The Australian competition regulator has withdrawn its bid to stop the Tabcorp-Tatts merger from moving forward while the appeal against its approval is heard.

Amax International Holdings has acquired Explicitly Grand Investment Ltd, an AR/VR technology business for HK$63.5 million (US$8.1 million).

Malaysian casino operator Genting Group has sold its stake in Australia’s The Star Entertainment Group, according to sources speaking to AFR’s Street Talk.

A merger between Australian casino operators Crown Resorts and Star Entertainment Group could deliver up to A$100 million (US$77.4 million) in cost synergies, according to Citi analysts who ran the numbers on the hypothetical deal.

Australian wagering operator CrownBet has launched its own appeal against the recent decision from the Australian Competition Tribunal (ACT) approving the Tabcorp-Tatts Group merger.

Tabcorp says it remains confident in its proposed merger with Tatts Group, despite a recent legal challenge from the Australian Competition and Consumer Commission (ACCC), which opposes the merger.

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