Monday, August 19, 2019

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...

Sale of $1.3 billion Sands Bethlehem to close as soon as Friday

The $1.3 billion sale of Sands Casino Resort Bethlehem to the Poarch Band of Creek Indians of Alabama is one its final stretch after...

PH Resorts Group to merge with gaming subsidiary

The shareholders of PH Resorts Group have agreed on a merger between the company and its wholly-owned subsidiary PH Travel and Leisure Holdings, with...

Clairvest agrees to South American casino merger

The Clairvest Group of Canada, which has been exploring IR opportunities in Japan, has signed an MoU that would merge its South American casinos...

Wynn Resorts still looking for casino acquisitions

Wynn Resorts said it is still open to acquiring “tier-one first class” casino operators, despite walking away from a Crown Resorts acquisition deal last...

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Nagaworld

Naga 3 to be 90 percent non-gaming with focus on tech

NagaCorp says 90 percent of its $3.5 billion Naga 3 property will consist of non-gaming amenities, with a strong focus on high-tech elements.
Dynam pachinko hall

Dynam reports 1.2% revenue growth in April-June

Dynam Japan Holdings, the largest pachinko company measured by its number of parlors, reported to the Hong Kong Stock Exchange a 1.2% increase in total revenues in the April-June 2019 period, boosted by its low playing cost halls.

Pacquiao One Punch KO

Ganapati PLC’s latest initiative packs quite a punch. The global supplier of Japanese content recently announced its intention to produce an official Manny Pacquiao...
Macau casino floor

HK protests begin to hit Macau revenue: Bernstein

The street protests that have been rocking Hong Kong for the past nine weeks are beginning to have an impact on gross gambling revenue in Macau, Bernstein analysts wrote in a note.

Okada Manila opens rooms as July revenue jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48 percent from the prior year.