Sunday, February 28, 2021
Aristocrat HQ

Aristocrat mulls M&A to expand in digital

Aristocrat Entertainment CEO Trevor Croker said the company plans to “significantly escalate” its focus on convergence products and services, which may involve mergers and acquisitions.

Aristocrat to “significantly escalate” focus on convergence products

Aristocrat Entertainment CEO Trevor Croker says the company plans to "significantly escalate" its focus on convergence products and has a strong enough balance sheet to support mergers and acquisitions in the sector. 

Caesars Q4 loss widens to $555m, sees pick up in Q1 demand

Caesars Entertainment posted a loss for Q4 of $555 million compared with a $13 million profit in the prior year, but said it has seen a pick up in demand in the New Year, especially at its regional properties.

Thai police raid eight illegal online casinos, make arrests

Thai police have shut down a network of online casinos in raids that took place across seven provinces, with nineteen suspects arrested and cash and other goods seized. In total, eight online casino networks have been shut down.

Pronet commits to new scholarship fund

Pronet Gaming has become a leading corporate sponsor of the All-in Diversity Project’s social media campaign #OpenDoors, contributing to a new scholarship fund.

BetGames.TV eyes expansion from new Malta hub

BetGames.TV has opened a southern European hub in Malta and announced aggressive growth plans for 2021.
isoftbet

iSoftBet unveils new brand manifesto

iSoftBet has unveiled a new brand manifesto, placing its people, partners and the player at the heart of its development.

Wazdan reshuffles executive team

Wazdan has undertaken a major shuffle in its executive team, with a number of high-profile hires and promotions adding a wealth of experience to the provider’s workforce.

500 .com completes placement, receives bitcoins

500.com closed its previously announced private placement transaction with Good Luck Information Technology and has received 356.04342 Bitcoins and US$11.5 million in cash. The company has issued 85,572,963 newly issued Class A ordinary shares to Good Luck Information.
dream 11

Dream11 valuation to double to US$4 billion

Dream Sports, owner of online fantasy sports brand Dream 11 is in talk with investors for a fresh round of funding that will bring the valuation of the company to around $4 billion.

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Aristocrat HQ

Aristocrat mulls M&A to expand in digital

Aristocrat Entertainment CEO Trevor Croker said the company plans to “significantly escalate” its focus on convergence products and services, which may involve mergers and acquisitions.

Aristocrat to “significantly escalate” focus on convergence products

Aristocrat Entertainment CEO Trevor Croker says the company plans to "significantly escalate" its focus on convergence products and has a strong enough balance sheet to support mergers and acquisitions in the sector. 

Genting Malaysia posts positive 2020 EBITDA, despite revenue plunge

Genting Malaysia reported positive adjusted EBITDA of RM350.3 million for 2020 despite seeing a 56 percent drop in revenue due to the Covid-19 pandemic.