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Tag: Investment

2021-03-04
The sale of Las Vegas Sands’ Vegas properties for $6.25 billion could be an opportunity for Sands to put their boots down in Australia through a purchase of Crown Resorts, according to Bernstein analyst Vitaly Umansky.

2021-02-17
China sports lottery company 500.com has continued its transformation into the bitcoin space with the all-stock acquisition of bitcoin mining company BTC.com and investors appear to approve.

2020-09-16
The mystery behind Macau Legend’s trading halt was resolved when it became known that Chan Weng Lin, also called Levo Chan, chief executive of the j

2020-08-26
Myanmar is reportedly investigating a building project on the border with Thailand that is mushrooming into a casino town, according to local media reports.

2020-08-20
Star Entertainment Group said its domestic gaming revenue in July reached 80 percent of the prior calendar year and that investment in its properties will enhance long-term growth potential.

2020-08-10
The Primorye Development Corp. has reiterated that Russia’s largest IR to date will open imminently, but that no specific date has been set.

2020-08-07
A year ago there were many things uncertain about IR development in Japan, but if there was one thing you could depend upon—one prediction that could be made with near total confidence—it was that the man-made island of Yumeshima in Osaka Bay was...

2020-07-24
The Covid-19 pandemic may be a trigger for South Korea to rethink its foreigner-only casino policy, as the country’s casinos struggle with a lack of tourism revenue.

2020-07-09
Roar Digital, a U.S. sports betting and online gaming company, said its shareholders, MGM Resorts and GVC have committed to a second round of investment, bringing the total to $450 million. 

2020-07-03
On Thursday the number of new Covid-19 cases in Tokyo shot up beyond one hundred, deepening concerns that the Japanese nation may be sliding into a second wave, and possibly necessitating an additional period of business closures.

2020-06-12
The current surge in eSports viewership and betting is unlikely to be sustainable once sporting events return to normal post the Covid-19 pandemic, according to leading industry figures participating in Asia Gaming Brief’s recent webinar.

2020-05-15
In an earnings conference call in April 2019, Las Vegas Sands President and Chief Operating Officer Robert Goldstein declared, “Our commitment to Japan is immense. It will be lots and lots of rooms—many, many rooms. There will be lots of retail. There...

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