Wednesday, May 22, 2024
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Entain lauds diversified portfolio as lever for long-term growth

Entain's diversified portfolio and geographic footprint position the sports betting and gaming group well for long-term growth, according to a recent internal strategic review.

NagaCorp CEO reshuffle “surprising”: Expert

The recent dismissal of Cambodian gaming group NagaCorp's CEO – Finance and Treasury, Chen Cherchi, is "surprising" considering the scope of his previous executive responsibility and stake-hold in the group, gaming expert Daniel Li told AGB.

Non-gaming visitor spending in Macau up by 36% YoY in 1Q24

Non-gaming visitor spending in Macau reached $2.54 billion in the first quarter of 2024, a 36 percent increase yearly and a 20 percent rise compared to 1Q19. 

Charges filed in New Zealand’s largest illegal lottery scheme

A Christchurch man and his company are facing serious charges in what New Zealand authorities are calling the largest illegal lottery operation ever uncovered in the country.

PAGCOR issues 40 licenses to offshore gaming operators (IGLs)

The Philippine Amusement and Gaming Corp. (PAGCOR) has issued a total of 40 licenses to offshore gaming operators or internet gaming licensees (IGL).

Hard Rock International denies involvement in The Star bid

Hard Rock International has issued a statement denying that it has made a takeover bid for Australian gaming operator The Star, just hours after The Star stated that a consortium linked to a Hard Rock entity had been in touch about ‘potential transactions’.

SkyCity agrees to $2.54M penalty in New Zealand for AML/CFT breaches

New Zealand and Australian gaming operator SkyCity Entertainment Group has announced that it has reached an agreement with NZ authorities over AML/CFT breaches and has agreed to pay a civil penalty of $2.54 million.

Malaysian court issues gag order to political activist over Forest City casino report charges

A Malaysian court has issued a gag order against a Malaysian politician and activist over his comments regarding a Bloomberg report about possible plans for a casino in Johor Bahru’s Forest City.

PH Secretary pushes to revoke “POGO Mayor” police control amid ongoing investigation

The Philippines Secretary of the Department of the Interior and Local Government has ordered proceedings to revoke “Pogo Mayor” Alice Guo’s control over the local police within her jurisdiction.

Hard Rock-linked consortium interested in ‘potential transactions, no ‘substantive discussions’ yet: The Star

The Star Entertainment Group has refuted reports that it had received a takeover bid from US-based Hard Rock, but indicates that other parties have reached out, including a local partner of the operator.