Monday, December 17, 2018
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AGBrief (Sharon)

502 ARTICLES

Foxwoods’ Slot Machine Revenue Falls for Six Consecutive Months

Foxwoods Resort Casino in Connecticut recorded an 8 percent year-on-year drop in revenue to $35.3 million in November, marking the sixth consecutive month of decline.

Takahashi confirms end of Hokkaido governorship

Harumi Takahashi has confirmed that she will be stepping down as governor of Hokkaido Prefecture next spring, a serious blow to prospects for a local IR bid.

Police raid Mumbai online lottery centres

Police have raided seven online lottery centres in central Mumbai, arresting 11 for evading the Goods and Services Tax by issuing hand written tickets...

Paradise enters supply accord with Jay Chun’s brother-in-law

Paradise Entertainment said it has entered into a supply agreement for next year, worth a maximum of HK$40 million, with Chairman Jay Chun’s brother-in-law.

Lim family ups stake in Genting

Genting Bhd’s majority shareholder, the Lim family, has increased its stake in the gaming to plantations company, buying a further 300,000 shares, according to a filing with Bursa Malaysia.

Scientific Games reaches $151.5m settlement with Shuffle

Scientific Games Corporation said it has reached a settlement in its litigation with Shuffle Tech International LLC and other plaintiffs, agreeing to pay 45 percent of the compensation amount awarded in an August ruling.

Myanmar eyes casinos to boost tourism

Myanmar looks set to be the next Asian jurisdiction to open its doors to IRs as the government seeks to attract much needed tourism dollars, with experts in the region predicting strong interest from potential investors.

NZ race reform hits hurdles

The Minister of Racing is now taking a more cautious approach to reform of the racing industry after intense lobbying from racing clubs, warnings that the reforms are unworkable and signs from his majority coalition partner that it will not support some of the proposed changes.

Delta files petition for Daman license

Delta Corp has filed a writ petition in the Bombay High Court calling on the government of the Union Territory of Daman to grant the company a license to operate a casino at its five-star property in the region.

Operators may see higher taxes after concession renewal: Bernstein

The most significant risk for Macau’s six operators when it comes to concession renewals is likely to be higher taxes, or other “economic rent,” Bernstein Research said in a note.

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Global gaming growth to decelerate in 2019: Fitch

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