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Interview with Don Carducci: Bidders for Crown, will we see a winner?[video]
Asia Gaming Brief Asia Editor Felix Ng sits down with JP Morgan Equity Research Analyst Don Carducci about some of the recent bids for Crown Resorts’ shares, as well as a surprise merger proposal from rival casino operator The Star Entertainment Group.
Crown / Star monopoly a small price to pay
A combined entity consisting of The Star Entertainment Group and Crown Resorts would create a behemoth gaming enterprise not just in Australia, but in the wider Asia gaming market, though market observers have flagged a number of regulatory hurdles that could hinder it from ever becoming a reality.
The Star enters race for Crown, proposes $12 billion merger
Australian casino operator The Star Entertainment has officially entered the race for Crown Resorts, proposing a $12 billion mega-casino merger. The company believes a merger with Crown represents a compelling value proposition for all shareholders by delivering between $150 million to $200 million if cost synergies per annum.
Caesars Ent completes acquisition of William Hill
U.S. casino operator Caesars Entertainment has announced the completion of its acquisition of William Hill for approximately $4 billion.
Dream11 acquires AI-backed fantasy sports startup
Dream Sports, the parent company of fantasy sports platform and IPL 2020’s title sponsor Dream11 has acquired artificial intelligence (AI)-backed fantasy sports startup FanDuniya.
Credit Suisse suggests Crown-Star merger
Credit Suisse believe it's time to examine the possibility of a Crown-Star tie up in light of both companies' reduced revenue from the pandemic and China's clampdown on overseas gambling activities.
Caesars merger creates largest US casino company
The effective takeover of Eldorado Resorts of Caesars Entertainment to create a new, merged company under the Caesars name has created the largest casino...
Empire Resorts shareholders approve acquisition from Genting
Shareholders of Empire Resorts have approved of its merger with Genting Malaysia, which will see Genting own 38.3 percent of the company.
Earlier this month,...
Genting owns 38.3% of Empire after offer
Genting Malaysia said it has acquired 13.2 million shares in Empire Resorts and it owns approximately 38.3 percent of the company.
Genting rejects Empire investor’s allegations
Genting Malaysia says a lawsuit filed by an investor against Empire Resorts is without merit.
Australasian Gaming Expo (AGE) 2021
The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
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.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – June 2021 Edition
For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
Asia Gaming Briefings – April 2021 Edition
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.