Thursday, July 29, 2021
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Tabcorp rejects wagering bids, to spin off lotteries arm

Australia's largest gambling operator Tabcorp is signalling that it is open to higher takeover bids for its wagering division, after rejecting multiple earlier proposals.

Macau court says cannot force repayment of debt to junket

Courts in Macau have ruled that an individual who received a loan from an employee of a junket operator cannot be forced under Macau's gaming laws to repay the debt as it was not a loan offered by a junket operator.

PAGCOR H1 gaming income down 20%

The Philippines Amusement and Gaming Corp (PAGCOR) has announced a near 20 percent drop in income from gaming operations in H1 as the Covid pandemic forced the closure of properties.

WDTS gets $35m investment from Beach Point

Walker Digital Table Systems has announced a $35 million strategic investment by Beach Point Capital Management, a multi-billion dollar investment manager with a sizable portfolio in the casino gaming industry.

Star says Sydney closure extended, Queensland eases

Australia's Star Entertainment said its casino in Sydney will remain closed until August 28th due the government's lockdown restrictions for the city and surrounding area, but operating restrictions have eased in Queensland.