Wednesday, January 20, 2021
Home fund raising

fund raising

Fantasy sports company PlayerzPot raises US$3 million in Series A funding

PlayerzPot, an Indian online fantasy gaming platform, say it has raised $3 million in investment through a Series A funding round. The company says it has shifted its vision from being a core fantasy gaming company to becoming the destination platform for complete real-money gaming and other casual online gaming enthusiasts. 

PH Resorts pushing for early opening of Cebu resort

PH Resorts Group Holdings says it is pushing to open its Emerald Bay resort in late 2021, with the full first phase offering then to be available by the second quarter of 2022. 
Resorts World Sentosa

Genting to raise $3.2b in yen-denominated bonds

Genting Singapore said it will issue yen-denominated bonds in Japan, even as it continues to maintain public silence about its IR campaign in the country.

Note offer still allows MGM room for funding: Fitch

MGM China Holdings says it’s raising $1.25 billion through a private placement of senior notes to help repay outstanding funds under its credit facility.

Delta invests in fantasy sports company

Delta Corp, India’s largest gaming operator, has invested in Mumbai-based fantasy sports company Halaplay Technologies, along with Nazara Technologies and another investor, the Economic...

SEC approves PH Resorts P18.5 billion share sale

Dennis Uy-owned PH Resorts Group Holdings has been given approval from the SEC to raise P18.5 billion in order to fund the development of...

Alphaslot raises millions in funding round

Blockchain gaming startup Alphaslot has announced it has raised a multi-million funding round, led by China’s Sora Ventures. Also participating in the funding round was...

Genting HK finalizes NCLH stake sale

Genting Hong Kong said it has finalized the sale of its shares in Norwegian Cruise Line Holdings and no longer has a stake in the company.

Study City boosts IPO proceeds through over-allotment option

Underwriters for Studio City International Holdings’ initial public offering have exercised their over-allotment option, buying an additional 4,312,500 American Depositary Shares at the IPO price of $12.50 each.

The 13 pushes opening to June, sees HK$292.6m net from unit sale

The 13 Holdings says it expects net proceeds of HK292.6 million from the sale of its construction unit to help fund the completion of...
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.

Australian market report: How to adapt to the new normal

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...
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
AGB Webinar Attracting Players, Not Fraudsters

Attracting players, not fraudsters

With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
news, macau, gambling

Asia Gaming Briefings – Nov 2020 Edition

While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.