Thursday, July 07, 2022


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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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Genting HK halts trading of shares


Casino cruise operator Genting Hong Kong has requested a halt in the trading of its shares on the HKEx pending an announcement relating to the disposa

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Razon sells partial stake in Bloomberry


Bloomberry Resorts chair and controlling shareholder Enrique Razon has sold a portion of his stake in Philippines gaming operator Bloomberry Resorts C

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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

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Suncity Group set to acquire 34 pct stake in Hoi An project


Goal Summit Ltd, a subsidiary of Suncity Group Holdings, is set to acquire a 34 percent stake in an integrated resort project in Hoi An South for an a

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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Naga CEO amends bond conversion plan


Founder and CEO of Nagacorp, Tan Sri Dr. Chen Lip Keong is now seeking a concurrent conversion of the TSCLK Complex and NagaCity Walk bonds, rather th

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Tatts acquires 15 pct stake in Jumbo, extends agreements


Australian lottery giant Tatts Group Ltd has acquired a 15 percent stake in internet lotteries business Jumbo Interactive Ltd for A$15.7 million, acco

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EGT receives tender offer from Melco


Entertainment Gaming Asia Inc. on Monday confirmed that Melco International Development Ltd. has commenced a cash tender offer to acquire all outstand

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VC firm pockets $40 million on Ace2Three sale


Venture firm Matrix Partners India has made more than 20 times returns by selling its stake in Head InfoTech India, the operator of online rummy websi

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Nagacorp CEO aiming to gain control


Founder, controlling shareholder and CEO of Nagacorp, Tan Sri Dr. Chen Lip Keong is looking to gain full control of the casino operator by exercising

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Genting Singapore to sell Jeju interest for $420m


Casino operator Genting Singapore is selling its Korean resort interests in order to focus on its Singapore business and save resources for potential

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Belle Corp terminates agreement with LRWC


Philippines investor, Belle Corp has terminated its revenue-sharing agreement with bingo operator Leisure Resorts World Corporation (LRWC). Belle told

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Star Entertainment share price drop overdone


The slump in Star Entertainment Group’s share price following the Chinese arrests of Crown Resort’s employees was overdone, according to analysts.

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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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William Hill and Amaya confirm merger talks


Online gambling company Amaya and bookmaker William Hill have confirmed they are in talks for a potential all-share merger of equals. In a joint state

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Imperial Pacific issues $150 million worth of shares


Casino developer and operator Imperial Pacific International Holdings has announced it has conditionally agreed to allot and issue a total of 1 billio

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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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Delta Corp stock hits all time high


India’s largest and only listed casino operator, Delta Corp, saw its stocks hit a record high of Rs 155 following the posting of its 16Q1 results, l

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