Saturday, July 02, 2022


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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 Pr

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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 disclos

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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 gambl

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Nagasaki’s Huis Ten Bosch to gain Chinese partner


Huis Ten Bosch President Hideo Sawada has announced that His Sasebo-based, Dutch-themed park will be welcoming a Chinese partner, the Fosun Group, as

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Investors appetite down as GGR decelerates


Reaction from investors to Macau’s decelerating GGR growth and related headwinds have been more negative than expected, according to Bernstein analy

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Vietnam takes steps to open sports betting, but challenges remain


Vietnam has embarked on major reforms toward opening the country to sports betting, with major Asian-based foreign investors joining the queue to capt

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Near term headwinds to limit investor appetite: Bernstein


Investor concerns over decelerating growth, the Chinese economy, and the escalation of US-China trade tensions will likely create headwinds for GGR in

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Ensuring a stable business environment a priority: Promoter govt


The Primoyre government confirmed it will not double gambling taxes and said it plans to soon hold new auctions for vacant land plots. The bill was pa

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Japanese tourism company Kamori Kanko has added considerably more financial muscle to its bid to bring an IR to Hokkaido with the announcement of a US

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Primoyre land auction cancelled over lack of applications


The auction for casino plots in Primorye failed to take place last week, due to a lack of applications, local media reports. According to the Primorsk

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Primorye postpones casino land auction date


The Primorsky Krai Development Corporation has extended the deadline for receiving applications for the auction of land meant for casino development i

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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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Clairvest Group acquire Ace2Three


Canadian investment firm Clairvest Group and a consortium of investors has acquired a majority stake in the operator of online rummy website Ace2Three

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Russian investor opts out of Primorye


A fifth investor in the Primorye gambling zone, Khayna Yunli Company, has reportedly withdrawn from its project and paid a penalty to the local develo

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Crimea gambling zone gets new investor


A major Russian company is gearing up to invest around RUB 8 billion (US$137 million) in the Crimea gambling zone, according to comments from the peni

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Chinese group of companies eye Primorye


A group of Chinese companies, Guo Wei have expressed interest in investing in the Primorye gambling zone, according to the Primorye Territory Developm

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HK-investors boost their support in Baazov Amaya bid


Former CEO of Amaya Inc., David Baazov has confirmed that two Hong Kong-based investors will be upping their support for his $4.1 billion bid to take

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Chow Tai Fook in talks for Baha Mar


Chow Tai Fook Enterprises Limited has entered into negotiations for the ownership of Baha Mar, said the company in an announcement on Friday. The comp

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R. Franco Group launches startup incubator and accelerator


The R. Franco Group has recently launched Wanajump, a startup incubator and accelerator designed and created to support video gaming, betting and gami

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