Casino
February 2, 2021
Sega Splits Resorts and Video Gaming Divisions in Two Subsidiaries
Japanese gaming and hospitality holdings Sega Sammy has announced that it is splitting its amusement and video gaming divisions into two subsidiaries. Sega Launches Two Separate Business Arm to Hedge against Pandemic Sega Sammy is moving forward with a planned split of its video games and amusement divisions, as part of the company re-organization […]
Industry
February 1, 2021
Singaporeans Deposit S$15.4m on Fictitious Gambling Sites
Reported S$15.4 million has been lost on fictitious gambling platforms in Singapore and victims now facing jail time and fines. Singaporeans Fall Victims to Gambling Scams Singapore is facing an influx of fraudulent online platforms connected with gambling and bogus investments, said the Singapore Police Force (SPF) this Sunday, reporting concerns that scams have increased […]
Casino
February 1, 2021
Wynn Resorts Quits Japanese Integrated Resort Race
Yokohama has officially lost Wynn Resorts as a bidder as the company is refocusing its efforts back in the United States and Macau instead. Wynn Resorts to Miss Yokohama Bidding Process Wynn Resorts has withdrawn from the Yokohama bidding process known as RFP, Asgam has reported citing another local media, the Asahi Shimbun. The report […]
Business
January 30, 2021
500.com to Boost Loto Interactive Stake via $13.5 Million Deal
500.com has entered a deal to acquire 169 million shares of Loto Interactive, a Hong-Kong-based lottery services provider, for $13.5 million. From 33.7% to 54.2% Stake Chinese top online lottery provider 500.com will acquire about 169 million shares of Loto Interactive, boosting its current 33.7% stake in the Hong-Kong-based lottery services company to about 54.2%. […]
Casino
January 28, 2021
Mohegan Joins Forces with Oshidori for Nagasaki IR Tilt
Mohegan Gaming & Entertainment (MGE), the business arm of Mohegan Sun, announced it teamed up with one of the companies candidates to build an integrated casino resort (IR) in Japan. Joint Bid for Nagasaki IR Mohegan partnered with Oshidori International Development Godogaisha, a subsidiary of Hong Kong-listed Oshidori International Holdings, one of the 4 companies, […]
Industry
January 17, 2021
Chinese New Year Unlikely to Boost Macau Casinos Revenue
Local authorities in a number of Chinese provinces on the mainland cast fresh doubts on any prospects for the gaming industry in Macau after issuing advisory notes to their residents to avoid travelling during the festive Chinese New Year period, GGRAsia speculates in an article. Quiet Chinese New Year in Macau China’s State Council set […]
Sports
January 16, 2021
Sportradar Becomes Official AFC Data & Video Distribution Partner
AFC has signed an eight-year deal with Sportradar to become the organization’s official video and data distribution partner. AFC Welcomes Sportradar as Official Data and Video Distribution Partner Sportradar’s expertise in providing actionable sports data solution has landed the company another important partnership, this time as the official video and data distribution partner for the […]
Industry
January 15, 2021
QTech Games Brings Evolution Live Casino Suite to Asian Audiences
Gaming content distributor QTech Games has integrated Evolution live gaming titles and brought them to partners in Asia looking to bolster their content offer. QTech Brings Evolution to Asia as Part of Diversified Growth Strategy Distributor of top-notch iGaming content in Asia, QTech Games, has tied-up another important partnership with Evolution, a premier content creator […]
Casino
January 11, 2021
Court Blocks 5% Franchise Tax on POGOs to Stop Exodus
The Supreme Court of the Philippines has blocked a 5% franchise tax that focuses on POGOs turnover instead of their revenue, leading to many deciding to quit in the end. Philippines Puts the Tax Burden on POGOs The Philippines is struggling with a mass exodus of casino operators that have been leaving due to a […]
Business
January 8, 2021
MGM China Has No Plans for Company Restructuring
MGM China, following a statement from its parent company MGM Resorts in response to a letter sent by the Chinese subsidiary’s largest public shareholder Snow Lake Capital, released a statement of its own, claiming the company has no plans for ownership restructuring. Open Letter to MGM Resorts The letter from Snow Lake Capital which holds […]