Wednesday, June 29, 2022


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Bloomberry submits bid to purchase Solaire land plots


Bloomberry Resorts Corporation has submitted a bid to purchase 16 hectares of land where Solaire Resort & Casino and its expansion area is located. In

Melco finalizes Cyprus accord, boosts stake


Melco International Development has sealed its joint venture agreement with CPZ to develop a resort on Cyprus and said it will increase its holding in

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Investors tussle for pre-IPO share of Nazara Capital


Westbridge Capital has sold part of its stake in soon-to-be-listed Nazara Games for $51 million, marking the largest private investment in the gaming

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Pagcor announces auction for Solaire land plots


The Philippine Amusement and Gaming Corporation (PAGCOR) is launching an auction for two parcels of land currently occupied by Bloomberry’s Solaire

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Success Universe sells stake in lottery service provider


Hong Kong-listed Success Universe Group Ltd has disposed all of its shares in Honour Rich, a lottery technology service provider in Mainland China. Th

Genting sells Star stake for $181.9 million


Malaysian casino operator Genting Group has sold its stake in Australia’s The Star Entertainment Group for A$235.2 million (US$181.9 million), local

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Crown uses share proceeds to reduce debt


Australia-listed Crown Resorts says it intends to initially use the proceeds of its A$1.34 billion (US$987 million) share sale to reduce net debt. The

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PAGCOR to sell casinos by year end


Philippines’ state-run regulator is set to sell its casinos before the end of the year, a move which will allow the firm to focus on its role as a r

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EGT widens loss in 17Q1, sells more PH assets


Entertainment Gaming Asia, a gaming company focused on markets in Pan-Asia, posted a widened net loss of $2 million for the first quarter of 2017, a 8

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Lam sells majority stake in Jimei International


Junket veteran Jack Lam has sold his controlling stake in junket investor Jimei International Entertainment Group Ltd. According to the company’s fi

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Rexlot suffers $53.5 million widened loss in 2016


Chinese lottery company Rexlot Holdings recorded a widened loss of approximately HK$416.1 million (US$53.5 million) for the year ended Dec. 31, 2016,

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Las Vegas Sands mulls sale of 49 percent stake in retail mall


Las Vegas Sands subsidiary Marina Bay Sands is looking to sell 49 percent of its stake in luxury mall, the Shoppes  for US$3 billion to US$3.5 billio

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Bloomberry sees rise in Chinese visitors; shelves Jeju sale


Philippine casino operator Bloomberry Resorts saw an increase in Chinese visitors last month, suggesting President Rodrigo Duterte’s lean towards Be

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Bloomberry to re-operate Jeju Sun, posts record results


Philippines-listed Bloomberry Resorts Corp posted an all-time record in gross gaming and non-gaming revenues as well as EBITDA for the first nine mont

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Delta Corp to acquire online rummy leader


Delta Corp has set its sights on a leading online rummy website in India, in a deal that would put the casino operator to the top of the skill-based g

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Scientific Games announces acquisition of DEQ Systems


Scientific Games Corporation and DEQ Systems Corp. on Wednesday announced that they have entered into a definitive agreement under which Scientific Ga

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Sale of Savan Vegas now extended to end of August


The sale of Savan Vegas Hotel and Entertainment Complex to Macau Legend Development has reportedly been extended to the end of August. Earlier this we

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Entertainment Gaming Asia to sell EGM seats at NagaWorld


Pan-Asia focused Entertainment Gaming Asia Inc. has announced it will sell all 670 of its electronic gaming machine (EGM) seats placed at NagaWorld Ca

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Iao Kun Group to acquire Bloomberry’s Jeju business


The Philippines’ Bloomberry Resorts Corporation said it’s selling its Jeju casino property in South Korea for about $102.3 million, a little over

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