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The Star releases “Remediation Plan Structure” in response to NSW Commission

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.

Bragg consolidates group companies under single brand

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.

LET Group – AKA Suncity – secures Listco deal guarantor

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.

Casino share spike on tours, eVisa, announcement

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.

Aristocrat strengthens online gaming footprint with Roxor acquisition

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.

Star Entertainment’s acting CEO Geoff Hogg resigns

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.

Hong Kong eases visitor entry, quarantine rules

Hong Kong Government announced relaxation of entry measures where visitors isolate at home but can go to the workplace.

Defendants deny involvement in Alvin Chau’s business 

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.

Finally, we can talk about a return to normalcy in Macau: J.P. Morgan

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.

Resuming of tours, eVisas, to boost Macau’s GGR: ​​Ho Iat Seng

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.

PAGCOR cancels 175 POGO permits, repatriates 3,000 Chinese nationals

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. 

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