Friday, December 14, 2018

Malaysia

Multi-Purpose sets date for spinoff of non-gaming businesses

  Multi-Purpose Holdings Bhd said it expected to spin off its non-gaming assets into a new listing by June 25. The spinoff of the hotel,...

Kelantan numbers games

  Illegal lotteries, or numbers games, in Kelantan state are generating an estimated 140 million-150 million ringgit ($44 million-$47 million) a month in revenue according...

Guoco sells down Blue Square

  Guoco Group's UK-based Rank Group PLC unit sold key assets of its online sports betting business Blue Square to rival Betfair for £5 million...

Sabah gaming parlors raided

  Police arrested four men allegedly operating illegal gambling machines at three sites in two Sabah towns. The police seized 34 computers in the raids...

Genting Group to build Asian-themed Resorts World in Vegas

  The US gaming market was surprised this week by the announcement that Genting Group it is to buy the site of Boyd Gaming’s aborted...

Genting set for expansion year

The Genting Group could be in for an event-driven year according to CIMB Research. The research firm believes the Group is in expansion mode...

TRENDING ARTICLES

DFNN reports increased revenue across all business segments

Philippines-listed DFNN saw increased revenue across all its businesses, with total consolidated revenue increasing 16 percent to P984.3 million in the first nine months...

GEA Summit gathers 2,500 visitors

The inaugural launch of the GEA Summit, touted as a “small-sized and lightweight buyer-seller meeting”, gathered around 2,500 guests from the industry, according to...

Donaco reports soft start to FY19

Weaker VIP win rate, online gaming business start up costs, and a Chinese crime syndicate have been blamed for Donaco’s “soft start” to the...

Solid releases pachinko game, Hawaiian Dream

Golden Hero - a brand exclusive to Solid Gaming - and JTG have teamed up to release Hawaiian Dream, an online version of the popular...

Donaco plans strategic review, debt restructuring

Australia-listed Donaco International said it’s conducting a strategic review of its businesses, including a potential restructuring of an almost $40 million debt to Mega Bank.