Wednesday, August 10, 2022


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Delta Corp to complete merger with Adda52 company


Gaming operator Delta Corp. has completed its merger with Gauss Networks, the holding company of Adda52, after receiving approval from the National Co

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Melco acquires larger share of MCE; Packer resigns as director


  Melco International Development Limited today announced that it has signed a privately negotiated agreement to purchase 198,000,000 ordinary shares

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Macau casino stocks dip following Crown staff arrests


Macau’s casino shares saw a dip in price after it was announced that Chinese authorities detained 18 employees of Crown Resorts for suspected “gam

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DJI Holdings raises another $15.1 million


China focused lottery and payment processing firm DJI Holdings has raised GBP 11.5 million (US$15.1 million) in its third placing in three months to f

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SkyCity to issue over one million new shares


Casino operator SkyCity Entertainment Group Ltd has announced it will issue a total of 1,057,894 new shares to participating eligible retail sharehold

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MGM to acquire Boyd Gaming’s interest in Borgata Casino


New York-listed MGM Resorts International has announced it has entered into a definitive agreement to acquire the remaining interest held by Boyd Gami

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AGTech narrows 16Q1 loss by 62.1 percent


HK-listed AGTech Holdings Limited announced that loss after tax decreased approximately 62.1 percent for the three month period ended March 31, 2016.

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Melco stake sale eases Crown leverage concern, Fitch says


The sale of some of Crown Resorts’ stake in its Melco Crown Entertainment venture will help the Australian operator deleverage and boost its ability

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Crown cuts stake in Melco Crown


  Melco Crown Entertainment said it’s buying back shares from its joint venture partner Crown Asia Investments, for about $800.83 million. Melco is

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Blackstone Group boosts ownership in Amaya Inc


U.S. private equity firm Blackstone Group LP has boosted its ownership stake in online gambling group Amaya Inc, local media reports. Through its cred

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MGM Growth Properties raises $1.05 billion in IPO


MGM Resorts International’s real-estate investment trust raised $1.05 billion in its initial public offering on Tuesday, The Wall Street Journal Rep

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Bloomberry stock shines as capex slows, investments pay off


Bloomberry Resorts shares have plunged 61.11 percent over the past year, though as investments at home begin to bear fruit and it diversifies overseas, sentiment may be turning towards the Philippine casino operator. Over the last month the shares have...

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Packer increases stake in Crown


Crown Resorts director James Packer upped his stake in the $9 billion gambling company by a further 3 percent taking it to 53.1 percent, the Sydney Mo

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DJI targets secondary listing on NASDAQ exchange


DJI Holdings plc, a licensed promoter and distributor of Chinese sports and welfare lottery products, announced its decision to obtain a secondary lis

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GVC bid value drops amid falling share price


BwinParty’s decision to accept a £1 billion ($1.5 billion) takeover offer by its far smaller rival GVC has been thrown into renewed question as the

Dynam Japan to acquire pachinko hall operator Yume Corp


Pachinko hall operator Dynam Japan has entered into an agreement to acquire Yume Corp, a real estate company, which operates nearly 40 pachinko halls

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Discovery Resources completes acquisition of Casino Canberra


Discovery Resources, to be renamed Aquis Entertainment, has completed the acquisition of the Casino Canberra, with Hong Kong tycoon Tony Fung to becom

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Belle Corp to sell remaining shares in Pacific Online Systems


Belle Corp, the gaming arm of Henry Sy’s conglomerate, is to sell its remaining 47.85 million shares in Pacific Online Systems Corp to a Belle subsi

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Travellers allocates PHP8.8bn for RWM expansion


Travellers International announced details of how it will allocate funds from its 2013 Initial Public Offering to expand its Resorts World Manila prop

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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