Saturday, June 25, 2022


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Aristocrat prices new US$500 million loan facility


Australia-listed Aristocrat Leisure on Monday announced the pricing of a new US$500 million term loan, with the aim of strengthening the group’s liq

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SkyCity’s development program holds significant risk: Analyst


A leading New Zealand broker has given the thumbs up to SkyCity Entertainment’s development program but noted that the company will struggle to earn

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SEC allows capital base increase for Suntrust


The Securities and Exchange Commission has approved an increase in the authorized capital stock of Suntrust Home Developers Inc, paving the way for th

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Melco Resorts Philippines to eliminate accumulated deficits


Melco Resorts and Entertainment (Philippines) Corp. has filed an application with the Securities and Exchange Commission (SEC) to restructure its capi

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Udenna plans to raise P18.5 billion to fund casino projects


Philippine H2O Ventures Corp, a subsidiary of Udenna Corp, says it is planning to raise P18.5 billion in capital in order to fund its upcoming casino

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Century Casinos has $50m to spend in Asia: Union Gaming


Century Casinos, a Nasdaq-listed operator with operations in the U.S., Canada and Europe, has more than $50 million in available capital to put toward

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SkyCity to divest non-core businesses, focus on major projects


Casino operator SkyCity Entertainment Group says it is looking to adopt a “asset-lighter” approach to improve returns and allocate capital more ef

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The 13 announces capital reorganization, hotel opening in April


Owner and operator of The 13, an upcoming luxury hotel in Macau has announced plans for a capital reorganization that will see a consolidation in shar

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Will Japan whet Europe's expansion appetite?


It’s 15 years since Macau flung open its arms to international gaming companies and major US operators wasted little time heading to the Far East to plant their flags firmly in the ground. US and Australian interests have dominated casino investment...

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Amax to raise HK$6.64m through placing


Amax International said it will raise about HK$6.64 million ($848,491) net through a share placement to third parties. The junket operator said in a f

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Blockchain eGaming platform announces $5 million ICO


Wild Crypto, the developer of a new international lottery and eGaming platform built upon blockchain technology, is to launch an initial coin offering

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Silver Heritage completes funding exercise for Tiger Palace


Australian-listed Silver Heritage Group says it has been successful in raising funds needed to complete its Tiger Palace Resort Bhairahawa in Nepal. T

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Silver Heritage steps closer to bridging financing gap


Silver Heritage chairman David Green says the company is close to completing negotiations which would bridge the financing gap for its Nepal-located T

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Universal issuing treasury shares for Okada Manila


Japan’s Universal Entertainment is disposing of treasury shares through an international offering and third-party allotment to raise funds for opera

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Landing proposes capital reorganization


Casino investor Landing International Development Ltd. is proposing to implement a ‘capital reorganization’, which will entail a capital reduction

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Philweb raises $2.8 million to weather bidding process


Philippines-listed Philweb Corp. has raised P 140 million (US$2.8 million) through the sale of its stake in Germany-based Acentic GmbH, according to t

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DJI Holdings raises another $15.1 million


China focused lottery and payment processing firm DJI Holdings has raised GBP 11.5 million (US$15.1 million) in its third placing in three months to f

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Silver Heritage seeks $20.5 million via IPO


Hong Kong-based casino manager and owner Silver Heritage is seeking to raise A$27.5 million (US$20.5 million) via an initial public offering (IPO), re

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SkyCity to issue over one million new shares


Casino operator SkyCity Entertainment Group Ltd has announced it will issue a total of 1,057,894 new shares to participating eligible retail sharehold

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