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MPL raises US$90 million in new funding

MPL raises US$90 million in new funding

Mobile Premier League (MPL) has raised $90 million in new financing and plans expansion outside India.

Genting HK soothes investor nerves on funding

Genting Hong Kong’s results briefing provided some reassurance that the loss-making company will be able to raise enough funds from the investment community without needing other entities in the group to bail it out.

Former foe joins Donaco board

Donaco International has appointed the Thai vendor of its Star Vegas property in Cambodia to its board of directors as part of an accord for underwriting a share issue in the company.

Donaco takes “urgent” capital raising measures

Donaco International said it’s seeking to raise $14.4 million capital through a pro-rata entitlement offer due to an “urgent” need for funds because of the impact of Covid-19 on its business.

IPI looking to raise funds via convertible bonds issuance

Saipan casino operator Imperial Pacific on Monday announced it has entered into an MOU with a company called Zhongfeng International Investment Holdings with the...

MGM Resorts Intl offers senior notes to enhance liquidity

MGM Resorts International on Monday announced it has completed its previously announced issuance of $750 million in aggregate principal amount of 6.75 percent senior...

Genting raises $453.9m in Dream Cruise stake sale

Genting Hong Kong said it has raised $453.9 million through the sale of a stake in its Dream Cruises unit to help fund the expansion of its cruise business.

MGM asset sales “dry powder” for Japan

MGM Resorts’ accord to divest two major assets will raise $4.3 billion in net proceeds and potentially raise funds for a development in Japan.
Renminbi

Plans submitted for Macau “Nasdaq”

A senior Chinese official says a proposal for a yuan-denominated “Nasdaq” in Macau has been submitted to Beijing, local media reports.

PH Resorts launches new capital raising scheme for Cebu project

PH Resorts Group is looking to raise around $600 million in funds to support the construction of its $600 million integrated resort in Mactan,...
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
AGB Webinar Attracting Players, Not Fraudsters

Attracting players, not fraudsters

With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
news, macau, gambling

Asia Gaming Briefings – Nov 2020 Edition

While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.