FBM has been developing its slots offer over the last three years, with operations established in Europe and North America.
This week a fresh scandal, unrelated to IR development, stripped the ruling coalition Komeito Party of its only lawmaker who was proactively and vocally in favor of casino legalization. This represents an indirect but still distinct blow to the industry’s future prospects at the national level.
Wynn Resorts was upgraded to “Neutral” from “Sell” at Citi due to optimism over the company’s premium mass business in Macau after it reported better-than-expected Q4 results last week.
Delta Corp has revealed plans to build a replacement casino ship valued at about INR1.5 billion (US$21 million) as a replacement for an older ship on the Mandovi River in Goa. The new ship is expected to come into operation in mid-2022.