Monday, June 24, 2024

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Melco could resume dividend payments in FY25: Bank of America 

The investment unit of Bank of America says that it expects Melco will resume dividend payments from FY25 onwards. This forecast has brought forward the timing compared to the previous expectation of only in FY26.

WDTS gets $35m investment from Beach Point

Walker Digital Table Systems has announced a $35 million strategic investment by Beach Point Capital Management, a multi-billion dollar investment manager with a sizable portfolio in the casino gaming industry.

Ex-research chief of JP Morgan Malaysia joins RGB

Former JP Morgan Malaysia equity research head Ng Keng Luen has been appointed chief strategy officer of RGB International Bhd.

Zhang Jianjun takes on Co-Chairman role in Paradise Entertainment

Electronic table games company Paradise Entertainment has announced that Zhang Jianjun will be joining the company as a Co-Chairman, to jointly share the role with current Chairman Jay Chun.

Summit Ascent GGR to rise 190% for two years: BoA

Bank of America/Merrill Lynch has added its voice to other recent commentary pointing to significant upside for Summit Ascent due to optimism over its projects in Russia and the Philippines.