TAGBricks & Mortar
MGM Resorts says that it has finally reached an implementation agreement for its massive IR project in Osaka, Japan.
Sega Sammy has announced strict changes to its European business, choosing to cancel the title distribution of certain products in the region.
Australia and New Zealand gaming operator SkyCity Entertainment Group has announced the appointment of a new non-executive director to the company’s board. The group, in a Thursday announcement, noted that Donna Cooper had been approved as a non-executive director of the SkyCity board, effective the same day.
A US judge has temporarily blocked the dissolution of Special Purpose Acquisition Company (SPAC) 26 Capital after a lawsuit to recover some $1.9 million in legal fees linked to the defunct plan for a merger with Okada Manila operator Universal Entertainment.
Hong Kong-listed real estate giant and gaming operator Far East Consortium (FEC) is planning to spin-ff one of its subsidiaries on the bourse, with a public and international offering of shares.
The demise of the VIP junket sector likely means Cambodia casino operator NagaCorp's EBITDA will unlikely return to pre-covid 'anytime soon', as the company had a 'historical over-reliance on VIP GGR, according to the latest investment memo from Citigroup.
Macau casino operator Galaxy Entertainment Group (GEG) is set to help revitalize Lai Chi Vun, the old shipyards in Coloane.
Pachinko operator Okura Holdings reported 13 percent year-on-year revenue jump in the first half of this year, reporting some revenue increased by approximately JPY6,284 million ($42 million) for the period.
Lottery and integrated technology and services company AGTech Holdings announced that one of its wholly-owned subsidiaries has recently won the lottery terminals procurement tenders to supply lottery terminals to the Sports Lottery Administration Centres in Shanghai municipality, Fujian province and Guizhou province.
Australian gaming group Tabcorp has been convicted and fined AU$ 15,000 ($9,590) for offering an inducement to people without a TAB betting account.
Macau's gross gaming revenue (GGR) reached MOP14.9 billion ($1.85 billion) in September, down 13.2 percent from MOP17.2 billion ($2.1 billion) in August.