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National Pension Service stake in GKL falls below 10 percent

National Pension Service stake in GKL falls below 10 percent

South Korea’s National Pension Service has been reducing its stake in Grand Korea Leisure, a movement attributed to concerns that Covid-19 will exercise a...

Suncity Group to use fiscal reserves to cover shareholder losses

Casino and junket operator Suncity Group on Tuesday announced fiscal measures to “enhance shareholders’ confidence” in the group’s future prospects.  In a note sent to...

Genting SG gets shareholder nod for $10 billion Japan IR

Genting Singapore has received overwhelming approval from its shareholders to spend up to $10 billion for an IR bid in Japan.  The vote was taken...

Sands China declares HK$0.99 interim dividend

Hong Kong-listed Sands China has declared an interim dividend of HK$0.99 per share payable to shareholders of the company. According to a filing from the...

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,...

SG takes legal action against HK headquartered shareholder

Scientific Games is taking legal action against one of its shareholders after it repeatedly refused to comply for requests for information and disclosure submissions...

Summit Ascent main shareholders mull share disposal

Summit Ascent Holdings, operators of Tigre De Cristal, has announced that its main shareholders, First Steamship Co Ltd, and Summit Ascent chairman Kuo Jen...

GPI-Angel merger gets green-light from shareholders

Stockholders of US-listed Gaming Partners International (GPI) have officially approved the company’s tie up with Japanese playing cards manufacturer Angel Holdings. The special meeting of...

Daisy Ho says shareholder alliance positive for SJM future

Daisy Ho, chairman of SJM Holdings and daughter of casino tycoon Stanley Ho, spoke of her support for the shareholder alliance involving the Fok...

Former Wynn shareholder files lawsuit

Casino operator Wynn Resorts is facing a new lawsuit from a former shareholder, alleging that Steve Wynn’s sexual assault scandal devalued his stock. According...

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Bloomberry seen breaking even at EBITDA level in Q4

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Bloomberry Resorts is expected to break even on an EBITDA level by Q4 due to cost cuts and support from the local market, according to analyst Michael Ting, who publishes on Smartkarma.

Covid survey bodes ill for Golden Week

A Bank of America survey held in August found that only 47 percent of Mainland Chinese travellers who want to visit Macau would be willing to take a Covid-19 test, casting doubt on visitation for the upcoming Golden Week holiday. 
Andhra Pradesh considers legalization of offshore casinos

Andhra Pradesh considers legalization of offshore casinos

The state government of Andhra Pradesh, which last month moved to ban all online gambling, is now said to be considering the legalization of...
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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...
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