Wednesday, June 29, 2022


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Genting U.S. expansion raises eyebrows


Genting Malaysia is pushing ahead with its overseas expansion plans, though analysts its acquisition of Empire Resorts will weigh on long-term earnings. 

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What’s in a name?: Effective branding of casino properties


The role of branding in the marketing of casino properties has somewhat lessened in significance over the last two decades. One major reason for this decline in significance are the mergers and acquisitions which have gathered steam during this period....

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PlayUP acquires another wagering operator, eyes listing


Sports fantasy and betting business PlayUp is eyeing a listing on the ASX and Nasdaq, after a string of acquisitions in the Australian fantasy sports

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Ace2Three acquires majority stake in FanFight


India-based online rummy gaming company Ace2Three has upped its investment in fantasy gaming platform Fanfight, acquiring a majority stake with a $1 m

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Far East Consortium buys Europe casino and hotel operator


Hong Kong-listed Far East Consortium International announced on Monday that its U.S. unit will be purchasing and subsequently merging with Trans World

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Victoria Supreme Court approves Tabcorp Tatts merger


The Supreme Court of Victoria has approved the scheme of arrangement for the combination of Tabcorp and Tatts Group, with the two companies now finall

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Lotteries boost Tatts Group earnings in FY18Q1


Strong lotteries jackpot performance boosted Tatts Group revenue for the first quarter of FY18, a boost of 6.8 percent compared to previous year perio

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Tabcorp Tatts merger back on the cards


The merger of Tabcorp and Tatts Group is back on track after the Australian Competition Tribunal ruled on Friday that the merger is allowed proceed ag

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Macau lawmaker acquires Hotel Lan Kwai Fong


Former Macau lawmaker Chan Meng Kam has been revealed as the buyer of the group which owns and operates Hotel Lan Kwai Fong in Macau, according to a f

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Landing ends PH gaming acquisition talks


Hong Kong listed Landing International Development Limited says it is no longer pursuing the potential acquisition of a company engaged in gaming busi

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Pacific Consortium gives up Tatts takeover


The Pacific Consortium, the group behind the most recent takeover offer for Australia’s Tatts Group, says it will not undertake any further work on

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Pacific Consortium sweetens Tatts acquisition offer


Private equity group Pacific Consortium has sweetened its offer for the proposed takeover of Tatts Group, making an all cash bid of A$7.2 billion, or

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SG acquires mobile and social game company


Scientific Games Corp. has announced it completed the acquisition of privately held mobile and social game company Spicerack Media, Inc. The addition

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Delta likely to drop Ace2three deal


The acquisition of online rummy operator Ace2three by Delta Corp may not be going ahead, as the company focuses instead on bolstering the online rummy

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Drop Baazov’s takeover bid: SpringOwl CEO


Investor Jason Ader has urged Amaya’s board to reject David Baazov’s takeover bid, citing the lack of transparency and the information about Baazo

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Tabcorp acquisition too big for Ladbrokes Coral: Citigroup


The acquisition of Tabcorp Holdings Ltd will be a “relatively difficult bite” for Ladbrokes Coral Group Plc, said analysts from Citigroup Inc. quo

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Pokerbaazi acquires Phoenix poker room


Online poker website Pokerbaazi has announced the acquisition of Phoenix poker room in Bengaluru and rebranded it ‘PokerBaazi LIVE’. “Phoenix Po

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Tabcorp, Tatts Group announce merger


Australia's Tabcorp Holdings and Tatts Group have agreed to a A$11.3 billion ($8.7 billion) merger, in a deal which analysts say could help defend aga

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Alibaba Group to become major shareholder of AGTech


A unit of Alibaba Group Holding Limited is to become the major shareholder of Hong Kong-listed lottery operation,  AGTech Holdings Ltd, for around HK

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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