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Mohegan facing loan repayment acceleration for INSPIRE Resort

Lenders have demanded the immediate repayment of a loan used to finance Mohegan's $1.6 billion INSPIRE integrated resort in Incheon, South Korea.

Universal Entertainment reports $101M loss in 2024

Universal Entertainment, the operator of Okada Manila, reported a net loss of $101.1 million for the fiscal year ending December 31st, 2024.

Mohegan INSPIRE nets $63.5M in net revenue in 4Q24

Casino operator Mohegan saw strong results from its INSPIRE resort in South Korea in the final three months of 2024, bringing in $63.52 million in net revenue.

Aristocrat Interactive appoints Nir Hakarmeli as new iGaming & Sports Managing Director

Aristocrat Interactive, the online Real Money Gaming (RMG) business division of Aristocrat Leisure, has announced the appointment of industry veteran Nir Hakarmeli as the new Managing Director of its iGaming & Sports division.

Benedikt Becker promoted to VP of Marketing at Shikenso Analytics

Shikenso Analytics, a leading provider of AI-powered sponsorship analytics, has promoted Benedikt Becker to Vice President of Marketing. Since he joined Shikenso, Benedikt has played a crucial role in scaling Shikenso’s brand, redefining industry standards for sponsorship measurement, and driving substantial business growth. 

Smart gaming tables increase strain on workers, Macau lawmaker warns

Macau's gaming industry is facing increasing concerns related to the occupational health and safety of its workforce, as the introduction of smart gaming tables boosts both productivity and strain on employees.

Sands China may resume dividends next week after five-year hiatus: JP Morgan 

Sands China is set to resume dividend payments for the first time in five years, with the company’s Board of Directors scheduled to meet next Friday, February 21st, to consider recommending a dividend for fiscal year 2024.

Aristocrat completes sale of Plarium mobile gaming business to MTG

Aristocrat Leisure Limited has officially completed the $820 million sale of Plarium Global Limited to Modern Times Group (MTG).

Solid CNY market share by MGM China: Jefferies

MGM China's 4Q24 results for both adjusted EBITDA and sales for its Macau operations were broadly in line with Jefferies estimates and consensus.

Angel Group completes rollout of mass baccarat Smart Table Systems at Sands China properties

Angel Group has announced that it has successfully completed the implementation of its Smart Table Systems on all baccarat tables operated in the mass market areas of Sands China properties.

UPCOMING INDUSTRY EVENTS

UPCOMING INDUSTRY EVENTS