Thursday, October 24, 2019

NagaCorp’s Dr. Chen to privatize Malaysian resort company

Karambunai Corp Bhd’s largest shareholder, Tan Sri Dr. Chen Lip Keong is planning to privatize the company in a deal worth an estimated RM184.7...

Suncity to acquire land plot in Okinawa

Suncity Group has announced the acquisition of a plot of land located in Miyako Island in Okinawa, Japan, with the aim of developing a...

Melco likely to target full Crown acquisition: Bernstein

Melco’s moves to acquire a 19.99 percent interest in Crown Resorts is likely stepping stone for eventually taking controlling ownership, or outright acquisition of...

India hotel chain acquires Hooters Casino Hotel in Vegas

India’s largest hotel chain operator, OYO has recently announced its expansion into the U.S., through the acquisition of Hooters Casino Hotel in Las Vegas...

Dream 11 continues to attract investors

South African internet conglomerate Naspers is looking to buy a $100 million stake in online fantasy start-up Dream 11, local media reports.  Following bumper earnings...

DFNN expands offshore gaming business

Philippines-listed DFNN Inc. has incorporated a new entity to expand its offshore gaming operations, according to a filing from DFNN to the stock exchange...

Nazara Technologies goes on start-up buying spree

Mumbai-based gaming company Nazara Technologies is continuing its real-money gaming expansion, after finalizing a number of acquisitions of Indian gaming startups, local media reports. According...

IPI acquires 50 percent stake in Saipan resort developer

Imperial Pacific International has announced it has entered into a sale and purchase agreement to acquire a 50 percent stake in American Sinopan LLC,...

Berjaya PH lowers stake in PGMC to 79.9 percent

Berjaya Philiippines Inc has disposed of 1 million shares in Philippines Gaming Management Corp (PGMC) for P117.2 million (US$2.3 million), with funds to be...

Palmary Corp buys stake in Philweb, signs cooperation agreement for e-bingo sites

Philippine e-bingo operator Palmary Corporation has purchased a 6.78 percent stake in Philweb Corporation and has signed a cooperation agreement with the company to...

TRENDING ARTICLES

Resorts World Catskills

Genting U.S. expansion raises eyebrows

Genting Malaysia is pushing ahead with its overseas expansion plans, though analysts its acquisition of Empire Resorts will weigh on long-term earnings. 

Kamakura City Council rejects anti-IR resolution

On Friday, the Kamakura City Council rejected a draft resolution that would have denounced moves by neighboring governments to engage in IR bids. The...

Mobile iGaming

Founded in 2012, eBET is considered Asia's first leading supplier of mobile iGaming.  The company’s mission is to design intuitive and interactive live gaming experiences...

Aristocrat and Warner Bros. to launch Crazy Rich Asians slot game

Aristocrat, in partnership with Warner Bros. Consumer Products, will premiere the new Crazy Rich Asians Slot Game at next week’s Global Gaming Expo in...

Malaysia budget ups gambling penalties

Malaysian Finance Minister Lim Guan Eng has introduced stiffer penalties for illegal gambling in the country’s annual budget.