Monday, April 19, 2021
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AGBrief Editorial

Sportradar appoints Deirdre Bigley to board of directors

Sportradar said it has appointed former Bloomberg Chief Marketing Officer Deirdre M. Bigley to its board of directors. 

Okada Manila Q1 revenue drops 42 percent

Tiger Resort, Leisure and Entertainment reported that revenue from Okada Manila dropped 42 percent in Q1 amidst ongoing restrictions to Manila's casinos.

Quang Nam province to trial vaccine tourist scheme

Quang Nam province in central Vietnam has put forward a proposal to host guests who have been vaccinated against Covid in two resorts, according to local media.

Full recovery in Macau could be delayed to 2023: Union Gaming

A full recovery in Macau could be delayed until 2023 as the slow rollout of vaccines prevents a significant easing of travel restrictions, Union Gaming writes.

Macau GGR continue to improve, visitation at 15-month high

Macau's gross gambling revenue continued to show a small sequential improvement in the third week of April, with visitation hitting a 15-month high, according to Bernstein Research.

Oaktree offers $3b funding for Crown to buy Packer stake

Crown Resorts said a group of funds advised by Oaktree Capital Management has agreed to provide up to $3 billion in funding for the company to buy back shares held by James Packer's Consolidated Press Holdings.

15 arrested in China over crypto gaming app

Police in China have busted an illegal gambling operation built on the EOS blockchain network. The arrests are just another example of the wider crackdown on cross-border gambling initiated by Chinese authorities.

Asian economy set for 6.5 percent growth in 2021

The Asian economy is expected to grow 6.5 percent in 2021, and will be a strong part of sustainable global recovery, according to reports released by the Boao Forum for Asia (BFA) Sunday. 
novomatic, online, revenue

Novomatic digital shows growth, though land-based revenues fall

Austrian-based Novomatic Group said whilst its land-based division saw significant revenue loss, its online segment was able to generate growth in 2020. 

Genting SG disregards resolution to increase Lim performance shares

Genting Singapore on Thursday announced it has disregarded a resolution which would see an increase to chairman Tan Sri Lim Kok Thay’s performance share scheme (PSS) limit. 

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Genting Malaysia subscribes up to US$20 million for Empire Resorts

Genting Malaysia’s indirect wholly-owned subsidiary, Genting ER II LLC has entered into a subscription agreement for up to US$20 million of additional stocks of Empire Resorts, according to a company filing.

CoinGeek survey seeks to inspire gambling/blockchain innovation

CoinGeek has launched a survey aimed at soliciting information as to the types of content and conference sessions on blockchain that would be useful for professionals in the gambling industry. 
macau stocks

Enthusiasm for Macau gaming stocks likely over done

Investors may be overly optimistic about the prospects for Macau’s gaming stocks given the snail’s pace of the recovery and slow vaccine rollout across the region, according to analysts from Union Gaming.

Sportradar appoints Deirdre Bigley to board of directors

Sportradar said it has appointed former Bloomberg Chief Marketing Officer Deirdre M. Bigley to its board of directors. 

Okada Manila Q1 revenue drops 42 percent

Tiger Resort, Leisure and Entertainment reported that revenue from Okada Manila dropped 42 percent in Q1 amidst ongoing restrictions to Manila's casinos.