TagProvisional liquidation



IGT acquires igaming content provider iSoftBet for €160m

International Game Technology (IGT) announced that it has completed its previously announced acquisition of iSoftBet, a leading igaming content provider and third-party game aggregator, for approximately €160 million in cash.

Macau gaming industry predicted to dodge the impacts of global recession: Bernstein

Financial analysts remain bullish about the Macau gaming sector from avoiding any long term effects from a potential global recession. The US casino industry has shown little signs of slowing down.

Saipan regulator IPI closing in on accord, but court battles continue

Imperial Pacific International (IPI) and the Commonwealth Casino Commission have said they are closing in on a settlement that may allow the casino to reopen, even as the regulator has given the green light for a sale of the company’s gaming assets.

SJM Holding’s Grand Lisboa shutdown after Covid cluster discovered

SJM Holding’s Grand Lisboa Hotel in Macau has been locked down after 13 Covid cases were tracked to the property. 

Genting Malaysia to post solid recovery in 2H22: Hong Leong

Genting Malaysia, which struggled to return to profit in 1Q22, is facing a brighter future as Covid restrictions ease and Resorts World Genting ramps up operations, Hong Leong Investment Bank says.

Macau kicks off more mass testing as Covid cases top 900

Macau began another round of mass testing on Monday as the number of Covid cases continued to rise, topping 900.

Crown faces 2nd Victoria probe over problem gambling practices

Crown Resorts is facing a second regulatory probe in Victoria over its problem gambling practices and may face a fine of as much as $100 million ($69 million).

Aquis shares suspended as second bidder emerges for Canberra casino

Aquis Entertainment said it had requested a suspension from trading on the Australian Stock Exchange after a second bidder emerged for its Canberra casino.

Thai mobility data mixed for June: J.P. Morgan

Mobility data in Thailand has shown that Thais appear to be more confident in going out from homes to work stations, but there is a dip in those going to malls, grocery stores and pharmacies.

Paradise, GKL show mixed sales data for June

South Korea’s main foreigner-only casinos saw mixed results in June, with Paradise Co. reporting declining revenue from the prior month and Grand Korea Leisure a strong increase.