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Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
China lottery company 500.com said Zhaofu Tian has resigned as Chief Technology Officer due to personal reasons, effective December 31. The company has no plan to appoint a successor at this point.
Studio City's gross gambling revenue in October and November was up about 146 percent compared with the third quarter and parent company Studio City Finance says it sees breakeven on an adjusted EBITDA level on reaching between 30 and 35 percent of historical GGR run rates.
The Chinese government earlier this month said it had cracked 3,500 cases of illegal cross-border gambling in 2020, arresting 75,000 suspects. It also shut down 1,960 illegal payment platforms.