Sunday, December 16, 2018

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...

Tencent invests in fantasy sports operator Dream 11

Chinese gaming conglomerate Tencent Holdings Ltd has invested in Mumbai-based Dream11 Fantasy Pvt, which operates a fantasy sports website in India, local media reports....

TRENDING ARTICLES

Japan a key focus at MGS Entertainment Show

The upcoming Japanese IR market was a focus of the second day of the Macao Gaming Show, held at the Venetian Expo Hall in...

Genting sues Fox, Disney for $1b for breach of contract

Genting Malaysia is suing Walt Disney Co. and 20th Century Fox for $1 billion for pulling out of a contract for a Fox-themed amusement park at its Resorts World Genting property in Malaysia.

Two police chiefs jailed in $420m gambling ring

Vietnam’s former national police chief Phan Van Vinh and former head of hi-tech crimes police department Nguyen Thanh Hoa were sentenced to nine and...

Former Wynn shareholder files lawsuit

Casino operator Wynn Resorts is facing a new lawsuit from a former shareholder, alleging that Steve Wynn’s sexual assault scandal devalued his stock. According...

Sikkim’s new airport to drive casino traffic

After waiting for almost a decade, Sikkim, nestled in the mountainous far north of India, finally got an airport in October, which is likely to provide a boost to gambling operators in the remote state.