Thursday, February 21, 2019

Michael Gu eyes Casino Canberra in $32 million transaction

Casino Canberra is on the verge of being bought up by one of Australia’s biggest hotel owners in a potential A$32 million (US$22.6 million)...

GPI in merger talks with Angel

Gaming Partners International has entered into a merger agreement with Angel Holdings, pursuant to which Angel will acquire GPIC for cash in a transaction...

Pokerhigh fights competition with Hippo52 merger

The company behind poker website Hippo52 has announced its merger with PokerHigh, a move that they believe would help the two companies face larger...

Melco PH tender offer set for Oct 31

MCO Philippines, a subsidiary of Melco Resorts, is set to commence its tender offer for 1.6 billion common shares in Melco Resorts and Entertainment...

Golden Nugget casino proposes merger with Caesars: Reuters

Tilman Fertitta, owner of the Golden Nugget Casinos, has reportedly approached U.S. casino operator Caesars Entertainment with a merger deal, sending Caesars stocks soaring. Reuters,...

Universal Ent to acquire US$17.8 million in treasury stock

Universal Entertainment Corp says it will be spending up to JPY2 billion (US$17.8 million) to acquire the company’s common stock and converting it to...

SUZOHAPP and Everi join forces

SUZOHAPP, a provider of software and hardware cash management solutions has partnered with Everi Payments Inc. a provider of gaming products and financial technology...

Parent increases stake in Grand Emperor Hotel to 75 percent

Emperor International Holdings, the majority owner of the Grand Emperor Hotel in Macau has boosted its stake in the property by 15 percent, according...

Melco PH to delist from PSE

Melco Resorts and Entertainment (Philippines) Corp has announced plans to delist from the Philippine Stock Exchange, while its majority shareholder, MCO (Philippines) Investment Limited...

Genius Sports completes sale to Apax Partners

Genius Sports Group has announced the completion of its sale to Apax Partners, a private equity advisory firm. The acquisition was first announced on...

TRENDING ARTICLES

Pansy Ho makes a play for SJM board

On Wednesday night, an alliance was formed between Shun Tak Holdings, a company owned by Stanley Ho, Fok Foundation and three parties controlled by...

Indo Pacific Gaming opens table games division

Indo Pacific Gaming International on Wednesday announced the formation of a new table gaming sales and operations division, to be headed by casino gaming...

Macau Jan. GGR falls less than expected

Macau recorded its first year-on-year decline in gross gaming revenue in 29-months in January, though the drop was not as severe as analysts had...

SKYCITY’s shares fall as market digests results

SKYCITY shares opened at NZ$3.83 this morning four percent down on its peak price for the year of NZ$3.99 on Tuesday the day after...

Deloitte Japan fined for violating auditor independence rules

The US Securities and Exchange Commission (SEC) announced last week that Deloitte Tohmatsu (Deloitte Japan) had agreed to pay a $2 million fine to...