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Paradise Co. facing investor disinterest in bond issue

Paradise Co. is reportedly having great difficulty finding institutional investors interested in purchasing its bonds, as concerns are growing about the firm’s prospects in the wake of a Covid-19 downturn that may starve its foreigner-only casinos for quite some time.

New casino investor in Altai gambling zone

A new investor in Russia’s Altai Territory intends to go ahead with plans to construct a RUB3.5 billion casino, to open by 2024, according...

Kaliningrad parcels out land for casino investors

Authorities in Russia’s westernmost enclave, Kaliningrad are parceling out land in the Yantarnaya gambling zone to allow for more investment, according to a state...
Resorts World Catskills

Genting rejects Empire investor’s allegations

Genting Malaysia says a lawsuit filed by an investor against Empire Resorts is without merit.
Dream Sports

Dream 11 continues to attract investors

South African internet conglomerate Naspers is looking to buy a $100 million stake in online fantasy start-up Dream 11, local media reports.  Following bumper earnings...

Fantasy cricket start-up receives $4 mln in funding

Delhi-based online fantasy gaming platform BalleBaazi has successfully raised $4 million in Series A funding round from two private equity funds based out of...

Primorye seeks to terminate agreement with investor

The Primorye Development Corporation has filed an appeal to terminate an agreement with Prim Golden Gate LLC, owner of an investment project in the...

Wynn Resorts’ Crystal Pavilion to begin construction in late 2021

Construction for Wynn Resorts’ Phase 1 South Parcel Pavilion and 650 room hotel tower is expected to commence in late 2021, with costs estimated...

SG takes legal action against HK headquartered shareholder

Scientific Games is taking legal action against one of its shareholders after it repeatedly refused to comply for requests for information and disclosure submissions...

Yantarnaya gambling zone to hold land auctions

Authorities in Russia's northernmost region of Kaliningrad have given the approval to hold land auctions for about 80 hectares of the Yantarnaya gambling zone,...

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Bloomberry seen breaking even at EBITDA level in Q4

Bloomberry seen breaking even at EBITDA level in Q4

Bloomberry Resorts is expected to break even on an EBITDA level by Q4 due to cost cuts and support from the local market, according to analyst Michael Ting, who publishes on Smartkarma.

Covid survey bodes ill for Golden Week

A Bank of America survey held in August found that only 47 percent of Mainland Chinese travellers who want to visit Macau would be willing to take a Covid-19 test, casting doubt on visitation for the upcoming Golden Week holiday. 
Andhra Pradesh considers legalization of offshore casinos

Andhra Pradesh considers legalization of offshore casinos

The state government of Andhra Pradesh, which last month moved to ban all online gambling, is now said to be considering the legalization of...
AGB Webinar Attracting Players, Not Fraudsters

AGB Webinar Series: 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...
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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.
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IN FOCUS: AUSTRALIA Reopening pubs, online rethink and reflections on gambling behaviour The country tackled the first wave of the epidemic with relative success, however,...