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Business
December 29, 2021
GKL to Relocate Millennium Hilton Seoul Casino to Seoul Dragon City
A casino operator in Seoul, the capital of South Korea, is moving one of its venues to another location to facilitate the disposal of its previous site that was sold to a third party earlier this month, GGRAsia reported. New Site Lease Secured Grand Korea Leisure (GKL), a subsidiary run through the Korea Tourism Organization […]
Business
December 28, 2021
Online Gaming Company FlowPlay Acquired by Wind Creek Hospitality
Wind Creek Hospitality, the gaming arm of Poarch Band of Creek Indians, has purchased online gaming company FlowPlay. The Seattle-based developer, operator and publisher offers free-to-play and online mobile games, including virtual worlds, sports betting and social casino games. It’s behind popular titles such as Vegas World, Casino World and 7 Seas Casino games. Poarch […]
Business
December 27, 2021
NagaCorp Deferred Award Share Grants to FY2022 or FY2023
NagaCorp, the operator of NagaWorld casino resort in Cambodia, announced in a filing to the Hong Kong stock exchange that a planned share award program would be further delayed. Share Award Scheme Further Delayed NagaCorp stated in the Friday filing that, due to the prolonged global market disruption caused by the recent developments related to […]
Business
December 27, 2021
Aristocrat to Seek AGM Approval for Directors’ Fee Increase
Manufacturer of casino slot machines Aristocrat Leisure is considering an increase on fees paid to directors as the business continues to expand and generate more board-level workload. Up to Two New Non-Executive Directors Aristocrat said the board of directors would be asking its shareholders at the next annual general meeting (AGM) to increase the money […]
Business
December 23, 2021
Scientific Games Withdrew Offer for SciPlay Remaining Equity
Gaming technology and services provider Scientific Games (SG) announced this week that it would no longer pursue to acquire the remaining equity interest in SciPlay. SciPlay Offer Rescinded SG decided to reverse its previous decision to acquire the remaining 19% equity interest in SciPlay. According to the bid tabled in July, SG offered each shareholder […]
Business
December 23, 2021
Flutter Agrees to Acquire Sisal for $2.2 Billion, Continues Its Expansion
Flutter Entertainment has agreed to set terms to buy Sisal, an Italian gaming operator, for a price tag of $2.2 billion. As a statement released today details, Flutter will purchase the company, which is owned by CVC Capital Partners Fund VI in an all-cash deal, set to be finalized in Q2 2022. Flutter Had a […]
Business
December 23, 2021
Melco Brings in Hotel Heavyweight Marriott to Help with Studio City Project
Even as Macau’s gaming future has a certain air of uncertainty surrounding it, casino operators continue to push forward as if everything is normal. In some cases, it’s obligatory. Melco Resorts International already has a lot of money invested in its Studio City property and will see it through to the end. To help support […]
Business
December 22, 2021
Intelitics Inks Strategic Partnership with Flows for North American Market
Leading performance marketing and analytics provider, Intelitics, announced on Wednesday that it joined forces with the innovative platform that enables individuals and companies to build without code, Flows. The new strategic partnership for the North American and other global markets aims at boosting the value for customers. Innovative Platform Flows Join Forces with Intelitics As […]
Business
December 22, 2021
GiG to Acquire Sportnco with New Stock and SkyCity Cash
Gaming Innovation Group (GiG) announced today it entered into a complex agreement including a share purchase agreement to acquire iGaming company Sportnco Gaming SAS and a directed share issue investment with SkyCity Entertainment Group. Share Purchase Agreement The share purchase agreement for Sportnco’s acquisition, a provider of turnkey betting and gaming solutions, has an initial […]
Business
December 22, 2021
Continuing US Expansion, Leadstar Secures Virginia License
Swedish-based sports betting and online gambling affiliate company, Leadstar Media, announced Tuesday that it received a license in Virginia. The company received an affiliate license to operate in the Old Dominion and consequently launched four websites that are focused on sports betting. Leadstar Media Is Now Licensed in Virginia Legalized in April 2020, Virginia launched […]