Friday, October 30, 2020
Home loan

loan

Success Universe provides additional loan for Ponte 16

Success Universe announced that it will extend HK$58.8 (US$7.6 million) in financial assistance for the Ponte 16 resort in Macau. This follows a HK$39.2 million loan provided in July.

Tabcorp secures debt waivers as part of Covid-19 response

Australian wagering giant Tabcorp announced it has secured agreement from its bank lenders for a waiver of leverage and interest cover covenants in response...

HOIANA secures US$34 million loan

Hong Kong-listed Suncity Group has announced that the company behind HOIANA Integrated Resort has been advanced a new loan of around US$34 million to...

Silver Heritage secures US$1 million loan

Australia-listed Silver Heritage Group has secured a loan of US$1 million, which will be used for working capital purposes of the company.  The loan was...

Playwin defaults on loan repayments, insolvency petition filed

Essel Group’s Pan India Network Limited, which operates various lotteries under the Playwin brand, has found to have defaulted on payment of various dues...

Hoiana project to receive US$34 million advance

Suncity Group Holdings on Tuesday announced it will be providing further financial assistance to Gold Yield Enterprises (GYE), the majority owner of the Hoiana...

LVS secures new loan facility for MBS expansion

Casino operator Las Vegas Sands Corp on Wednesday announced it has secured a new delayed draw term loan facility in aggregate principal amount of...
MGM Cotai

MGM China refinances debt

MGM China said the company’s lenders have agreed on a revolving credit facility of HK$9.75 billion ($1.24 billion) that will refinance existing senior secured credit facilities and will be used for working capital.

Widus Hotel owners secures loan for new tower

The owners of Widus Hotel and Casino Clark have secured a P7 billion syndicated term loan in order to further finance expansion of the...

Fitch assigns ‘A-’ rating to Resorts World Las Vegas debt notes

Fitch Ratings has assigned a final rating of ‘A-’ to the loan facilities and notes of Resorts World Las Vegas LLC, the company building...

TRENDING ARTICLES

Green light for Goa and Sikkim casino reopenings

Coronavirus live updates: Green light for Goa and Sikkim casino reopenings

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
gambling chips

Asia turns up heat on online gambling

Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.
Puducherry government urges blanket ban on online gambling

Puducherry government urges blanket ban on online gambling

The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.

AGB Webinar Series: Acquiring & Retaining iGaming Customers

The next edition of the AGB Webinar Series will look at the future of iGaming customer acquisition and retention, which has been going through a transition period over the last 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.
asia gaming briefings Sep 20

Asia Gaming Briefings – Sep 2020 Edition

IN FOCUS: SPORTS BETTING Ball games bounce back. Major sporting events are slowly ramping up around the world and with them the drama and surprises, not all of them good for sports betting operators.
Asia Gaming Briefings AUG 2020

Asia Gaming Briefings – Aug 2020 Edition

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,...