Wednesday, August 17, 2022


Former foe joins Donaco board


Donaco International has appointed the Thai vendor of its Star Vegas property in Cambodia to its board of directors as part of an accord for underwriting a share issue in the company.

Donaco takes “urgent” capital raising measures


Donaco International said it’s seeking to raise $14.4 million capital through a pro-rata entitlement offer due to an “urgent” need for funds because of the impact of Covid-19 on its business.

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IPI looking to raise funds via convertible bonds issuance


Saipan casino operator Imperial Pacific on Monday announced it has entered into an MOU with a company called Zhongfeng International Investment Holdin

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Genting raises $453.9m in Dream Cruise stake sale


Genting Hong Kong said it has raised $453.9 million through the sale of a stake in its Dream Cruises unit to help fund the expansion of its cruise business.

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MGM asset sales “dry powder” for Japan


MGM Resorts’ accord to divest two major assets will raise $4.3 billion in net proceeds and potentially raise funds for a development in Japan.

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Plans submitted for Macau “Nasdaq”


A senior Chinese official says a proposal for a yuan-denominated “Nasdaq” in Macau has been submitted to Beijing, local media reports.

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PH Resorts launches new capital raising scheme for Cebu project


PH Resorts Group is looking to raise around $600 million in funds to support the construction of its $600 million integrated resort in Mactan, Cebu, l

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Indian poker biz secures $3 million in institutional funding


Sparskills Technologies Pvt Ltd., the parent company of online poker website 9stacks has become one of the few online gaming companies in India to rai

SVH to raise $13.1 million, re-negotiates bond repayment terms


After a trading suspension earlier this week, Silver Heritage Group says it has successfully re-negotiated the terms of its bond refinancing with OCP

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MGM Resorts doubles senior notes offering amount


MGM Resorts today announced an upsized public offering of $1 billion in senior notes, the proceeds of which will be used to raise funds for general co

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LVS sells Sands Bethlehem for $1.3b


Las Vegas Sands say it agreed to sell its Sands Bethlehem property in Pennsylvania to Wind Creek Hospitality for $1.3 billion. Wind Creek is an affili

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The 13 sets March 31 opening, seeks funds


Luxury hotel operator The 13 Holdings has announced it is planning to raise around HK$1.7 billion (US$217.8 million) through a rights issue and a plac

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SVH retail entitlement offer available Friday


Australia-listed Silver Heritage Group on Tuesday said it had completed the institutional component of its fully underwritten accelerated renounceable

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Silver Heritage says talks on capital raising continue


Australia-listed Silver Heritage Group said talks are continuing with potential investors to raise funding to finalize its integrated resort project i

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Rexlot to raise $600m through share accord, convertible bond


Rexlot Holdings said it will raise about HK$600 million in net proceeds from a share subscription accord and convertible bond issue. The proceeds from

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Silver Heritage raises Nepal casino budget to $70.3 million


Australia-listed Silver Heritage Group has increased the budget for its integrated resort in Nepal by A$18 million ($13.8 million) to $70.3 million an

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