Saturday, August 13, 2022


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Melco’s Studio City stake edges higher


Melco International Resorts & Entertainment’s holding in the company that owns the Studio City Resort in Macau has edged higher following a recent share transaction.

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Aquis open to investors for Canberra project


Aquis Entertainment said it’s still open to investors to participate in its plan for an integrated resort in Canberra’s central business district after proposed partner Blue Whale Entertainment dropped out. 

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IPI seeks options to sell or bring in new investors for Saipan property


Commonwealth of the Northern Mariana Islands Lottery Commission Chairman Mark Rabauliman has revealed to the local media that Imperial Pacific Interna

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Donaco seeks restraining orders over investor stakes


Donaco International has asked the Australian Government Takeovers Panel to restrain two shareholders from acquiring, transferring, or divesting their shares in the company.

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Southshore sells 40% stake in The 13


Southshore Holdings says it has reached an accord to sell 40 percent of the company that owns Macau luxury hotel The 13 for HK$750 million ($95.6 million).

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Silver Heritage gets $34m offer for Nepal ops


Silver Heritage said it had received an offer with an enterprise value of  $33.9 million to buy its Nepal operations from a local business man. 

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IPI uses credits to defer tax payments


Imperial Pacific International said it was applying tax credits earned from previous years to defer paying income tax and blamed delays in land allocation, the weather and worker issues for its troubles in completing its Saipan resort.

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Asia Pacific may be focus for casino M&A, investor says


Asia Pacific may become a focus for more mergers and acquisitions in the casino industry, CNBC television cited a senior investor as saying.

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Ho Tram breaks ground on condotel project


The Ho Tram Project Company said it has begun construction work on the next phase of the $4.2 billion Grand Ho Tram IR project in Vietnam, breaking gr

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Primorye picks up development pace


The Russian gambling zone of Primorye, which has not been developing as fast as anticipated, is stepping up its efforts to attract more investors as part of an ambitious plan to almost treble visitor numbers by 2025. The company developing the zone is...

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Brisbane IR to begin selling apartments in 2019


The $3 billion development on the Queen’s Wharf in Brisbane will begin selling apartments related to the project in the 2019 financial year, local m

Riskwise says political risk deterred Mactan investors


Riskwise Global Capital said the perceived political risk in the Philippines had deterred potential investors in a $1.4 billion project to build an in

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Primorye sees $1.7 billion in total investment


Primorye Territory Development Corporation CEO Andrey Folomeev has reported total investment in the Primorye special gaming zone amounts to RUB113 bil

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Hype driving short-term rally, warns analysts


Analysts have warned against over-enthusiasm for Macau casinos, after short-term rallies were observed in the sector. Morgan Stanley’s Praveen Choud

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Offshore casinos too entrenched: Laxmikant Parsekar


Goa’s Chief Minister Laxmikant Parsekar has not been able to put an end to the casino business, despite protests from the public and other politicia

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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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Shifting offshore casinos will hurt investor confidence: BJP


Goa’s Ruling BJP said if offshore casinos were to be shifted arbitrarily from the River Mandovi, it would hurt investor confidence in the state, loc

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Caesars Entertainment considers sale of interactive unit


Casino operator Caesars Entertainment Corp is considering the sale of its interactive gaming unit, local media reports. The bids value Caesars Interac

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SkyCity announces capital raising plan


New Zealand-listed SkyCity Entertainment intends to raise NZ$263 million of new equity from its shareholders to “fund future growth projects”. In

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