Thursday, November 15, 2018

HEADLINES

AGTech wins the contract for virtual football lottery in Jiangsu

A subsidiary of AGTech Holdings, Asia Gaming Technologies (Beijing) Co., has been awarded the technical cooperation contract by the Jiangsu Sports Lottery Administration Centre...

China downplays reports $20b missing in lottery

Chinese authorities are downplaying reports circulating on social media that RMB136 billion ($19.5 billion) has been embezzled from the state lotteries by corrupt officials.

World Expo and IR would boost Osaka economy: Nomura

The Japanese brokerage Nomura agrees with the sentiments of the Osaka government in a November 9 research note that declares, “a win for both the World Expo bid and the casino license would be expected to boost investment returns and have a positive impact on Osaka's economy.”

Cost savings may offset tax hikes for Genting: Fitch

Genting is likely to see a decline of around 8 percent to 9 percent in group earnings before interest, tax, depreciation, amortization and rent/restructuring costs (EBITDAR) as a result of the Malaysian government’s decision to hike taxes in this year’s budget, though potential cost savings may offset the impact on the group’s financial profile, Fitch Ratings says.

Alphaslot showcases blockchain for gaming at Sora Summit

The first ever Sora Summit, which was designed to develop opportunities in the blockchain ecosystem, particularly in Asia, kicked off in Macau on Tuesday, attracting more than 70 speakers from key global stakeholders.

Cruise association wants gambling allowed within Indian waters

The India Cruise Lines Association (INCLA) has petitioned the Prime Minister to amend current gambling laws which would allow gambling on cruise ships within...

TRENDING ARTICLES

Wakayama Revise IR Plan

Wakayama prefecture publishes revised IR plan

The Wakayama Prefectural Government has published its revised IR plan taking into account aspects of the IR Implementation Act and suggestions made by the...

Caesars to reject Fertitta offer: reports

Caesars Entertainment is expected to reject the offer from Golden Nugget Casino owner Tillman Fertitta to merge the two companies, according to sources cited by the New York Post.

Singapore Pools to take over horse betting

The Tote Board is reorganizing its operations with Singapore Pools taking over all management of horse betting from sister company the Singapore Turf Club from Jan. 7 next year.

Sega Sammy posts 12.2 percent net sales decline in Apr-Sep period

Sega Sammy Holdings released a report on Thursday showing a 12.2 percent net sales decline in April-September 2018 as compared to the same period...

Pride Group acquires offshore casino vessel from Illinois

Goa offshore casino company Pride Group on Thursday said it has purchased a riverboat from Illinois, to substitute for its two casino vessels as...

ASEAN Gaming Summit 2019

The third edition of ASEAN Gaming Summit is set to impress once again, drawing over 300 operators, suppliers, and regulators from Asia’s online and land-based...