Gross gambling revenue in Q2 in the Philippines came in at just P2.42 billion ($49.9 million) as the Covid-19 crisis forced the closure of gambling outlets across the country, according to figures from regulator, the Philippine Amusement and Gaming Corp. (PAGCOR).
Tak Chun CEO Chang Wen Lin may make a mandatory offer for all of the outstanding shares in Macau Legend for HK$1.9 billion ($245 million) after acquiring a stake in the operator.
HatchAsia has signed and executed a Deed of Company Arrangement to take control of Australia-listed Silver Heritage Group.
Marina Bay Sands has hired a top law firm in Singapore to look into potential employee transfers of more than $1 billion in clients’ funds to third parties, Bloomberg reports.
Technology to help monitor the occupancy inside a property, as well as facial recognition and ways of tracking clients, are among the fastest growing areas of technology at present, a participant in a G2E Asia online panel said.
RG24seven said it has launched a responsible training program, incorporating short videos from experts worldwide to underpin its interactive education in the field. “As the...
French casino group Barriere has become the latest bricks and mortar casino to tap into online gaming, entering into a partnership with Betconstruct to launch BarriereBet.
“The casino issue is symbolic of the clear confrontational axis between top-down politics and grassroots politics… We cannot let matters continue as they have under the Abe administration.” So declared Leader of the Opposition Yukio Edano on Wednesday while touring Yamashita Pier, the proposed site for Yokohama’s major urban IR.
Another plaintiff is asking the court to enforce a settlement awarded against Imperial Pacific International, saying it has violated the terms of an initial agreement.
The amount of revenue collected from Macau’s six gaming operators has fallen to just 45.6 percent of the government’s budget given the effects of the pandemic.