Saturday, May 8, 2021
tabcorp

Apollo Management ups offer for Tabcorp wagering business

Australian wagering giant Tabcorp on Thursday said it has received a revised proposal from Apollo Management to acquire its wagering & media and gaming services businesses for A$4 billion. 
sabong

DFNN to introduce e-sabong in Philippines 

Philippines-listed gaming provider DFNN Group announced on Thursday it will be introducing e-sabong (online cockfighting) as new gaming content under license from the Philippine Amusement and Gaming Corporation (PAGCOR).
Chicago Cubs-Chang-Yong-Lim

Japan sparks up debate on legalized sports betting

The possibility that Japan might legalize sports betting for popular sports like professional baseball and soccer exploded into the public view on Wednesday with a scoop carried in the Financial Times.

Australia gambling spend rises 0.5% in FY2018/2019, casinos down 4.8%

The total amount spent on gambling in Australia in the fiscal year ending June 2019 rose 0.5 percent to A$25 billion, although casino revenue dropped 4.8 percent.
tabcorp

Tabcorp halts CEO search, announces strategic review

Tabcorp says it’s taking time to carry out a strategic review of its businesses to extract more value for shareholders after receiving unsolicited bids for its wagering and media business, which it says were too low.

Bookmaker Bet365 sets up shop in Russia

Bookmaker Bet365 has started operations in Russia, with its office managed by Golden Bet LLC. The company is part of the self-regulatory organization the "Association of Bookmakers."

Goa Football Association detects fixed matches

The Goa Football Association has informed its executive committee and the member football clubs that there are indications that some matches are being fixed.

PointsBet adds an independent non-executive director

Australia-listed PointsBet Holdings announced that Kosha Gada has been nominated as an independent non-executive director, effective May 3, 2021.

Russian bookmaker ready to accept bets from foreign punters

Russia-based League of Stakes, a bookmaker, has announced that it is ready to accept sports bets from foreigners.

PointsBet acquires Ireland-based Banach Technology

Australia-based PointsBet Holdings has announced that its wholly-owned Irish subsidiary Lockspell Limited has entered into a binding share purchase agreement to acquire Ireland-based Banach Technology, with its eye on the in-play sports wagering market in the United States.

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Epiguard

Isolation pod can help cruise set sail once again

Norweign company EpiGuard’s innovative single patient isolation and transport system is now being pushed for use in the cruise industry. 

Genting HK agrees financing package with creditors

Genting Hong Kong has reached a financing accord with creditors under which it will receive EUR300 million ($362.2 million) in new funding and the renegotiation of interest and maturities on existing debt.
Resorts World Sentosa

Genting Spore Q1 casino revenue ticks higher, other metrics deteriorate

Genting Singapore has reported a 2 percent increase in casino sales from the final quarter of last year, indicating the pent-up demand that had been driving performance has largely stalled.

Okura Holdings to close two underperforming pachinko halls

Hong Kong-listed Okura Holdings said it was closing down two of its pachinko parlours due to intense competition in the industry and the impact of Covid.