The Star Entertainment Group has responded to the NSW Independent Casino Commission’s show cause notice, providing a “Remediation Plan Structure” signed by Executive Chairman Ben Heap, on behalf of the Board.
Following successful acquisitions of Wild Streak Gaming and Spin Games and the start of its new content roll-out in North America, the company announced its consolidation under the single brand, Bragg Gaming Group.
Sun Hung Kai, a main shareholder of Summit Ascent Holdings, guaranteed a HK$400 million ($51 million) loan facility given to LET Group Holdings Ltd, a regulatory filing submitted to the Hong Kong Bourses on Monday showed.
Macau gaming stocks rallied on the US Exchanges on the sentiment of anticipated business boom following the announcement made on Saturday by the Macau Chief Executive Ho Iat Seng for the beginning of issuing eVisas and tours to restart, which is expected to boost the visitations from Mainland China to Macau.
Global gaming machine manufacturer Aristocrat Leisure is acquiring Roxor Gaming, a leading B2B online real money gaming supplier and a subsidiary of the privately held London-based Anzo Group, for an undisclosed amount.
Acting Chief Executive Officer Geoff Hogg has tendered his resignation from all the positions he chaired at the company, a regulatory filing submitted to the Australian Securities Exchange by Star Entertainment Group notes.
In the court trials on Friday another defendant Cheong Chi Kin denied any involvement in “under the table” gambling, despite having admitted his operational involvement in several businesses.
J.P. Morgan is optimistic over the resumption of eVisa and tours to Macau advocating a surge in revenues, which will in-turn help operators build positive EBITDA in the fourth quarter of fiscal 2022.
Macau Chief Executive Ho Iat Seng broke the news on Saturday that Mainland China tours will resume as well as the issuing of IVS eVisas to Macau in a move aimed at boosting Macau's gaming dependent economy.
Philippines National Bureau of Investigation is abrest with unceasing reports of POGOs that no longer have permits to operate or their permits have been revoked by PAGCOR, leading to increased strain on the ongoing crackdown and repatriation efforts of some 3,000 Chinese nationals.