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Casino
June 1, 2022
Thailand Police Busts Illegal Gambling Websites at Lake Pine Resort
Thailand is still tip-toeing around the idea of whether to legalize its casinos. On the face of it, the idea seems pretty good. The Asian country is a premier tourist destination for many rich countries and adding casinos into the mix would be a great way to ensure that more tax revenue is generated. But […]
Casino
May 31, 2022
Bloomberry Resorts Is on Its Way to Recovery after the Pandemic
Analysts at investment bank Morgan Stanley recently raised the earnings estimates of Bloomberry Resorts after the Philippines-based operator performed better than expected following Q1 of this year. Bloomberry is now projected to reach 71% of its 2019 EBITDA by the end of the fourth quarter, totaling PHP14 billion ($267.6 million). Bloomberry Is Steadily Returning to […]
Casino
May 31, 2022
Inquiry into Sydney Star Says “Not Fit” to Hold Casino License in Sydney
The Star Entertainment Group is on choppy seas with the ongoing regulatory review and despite its best efforts, the inquiry says that Star’s Sydney casino is “not fit” to hold a license. “Not Fit” for License, What Does It Mean The New South Wales Independent Liquor & Gaming Authority (ILGA) requested an inquiry into The […]
Casino
May 31, 2022
ChocoTaco Calls Trainwreck Bad for Promoting Gambling, Asmongold Disagrees
A day after pitching a possible solution for Twitch’s mounting problem with gambling sponsorships, popular gaming streamer Asmongold is back at it again. This time, he’s siding with Trainwreck whom community members have called a “bad guy” for spending the past decade gambling on stream and making a living this way. ChocoTaco Takes Issue with […]
Casino
May 31, 2022
Oceanus Acquisition May Be SJM’s Last Satellite Casino
The courtship between Macau concessionaires and satellite casinos has most likely come to an end. The best example of that is SJM Holdings which, following its acquisition of Oceanus, will most likely not be looking to buy any additional satellite casinos moving forward, at least according to JP Morgan. SJM Holdings Unlikely to Buy More […]
Casino
May 31, 2022
Lady Luck Acquires Games Studio ReelNRG in $850,000 Deal
A recently completed acquisition deal saw LL Lucky Games, the parent company of Lady Luck, acquire London-based games studio ReelNRG. The purchase price consists of 2.5 million newly issued shares worth SEK 3.3 each and totals $850,000. The Acquisition to Provide Lady Luck with Additional Products and Increased Market Reach Calvin Kent, CEO of ReelNRG, […]
Casino
May 31, 2022
PAGCOR Opens First Dedicated Village Project to Offer Safe Housing
PAGCOR or the Philippine Amusement and Gaming Corporation has made good on its promise to deliver on various good causes and social campaigns. The gaming watchdog has just launched the PAGCOR Village in Lemery, Batangas, which is the first of more similar projects to follow. The main purpose of the Village is to provide safe […]
Casino
May 31, 2022
SAR Concessionaires to Weather Any Storm Assures Bernstein
Brokerage firm Bernstein has remained fairly optimistic about the outlook Macau casino concessionaire have. The firm believes that the existing liquidity of the Special Administrative Region (SAR)’s companies will be sufficient to tide them over through any foreseeable future crisis, never mind any economic downturns or increased border scrutiny on the Chinese border which has […]
Casino
May 30, 2022
NeoGames Completes Its Offer to Acquire Aspire Global
NeoGames S.A., a prominent online lottery provider, announced on January 17 2022 that it had made an acquisition offer to Aspire Global plc, a Malta-based business-to-business (B2B) provider of iGaming solutions for the online gaming market. Aspire Global shareholders who accept the deal will receive a combination of cash and newly issued shares in NeoGames. […]
Casino
May 30, 2022
Livespins Expands Gaming Portfolio, Adds Booming Games’ Titles
The leading online casino operator, Livespins, announced a new partnership with Booming Games, the popular casino slot developer. Booming Games’ Content Powers Livespins The terms of the new collaboration see Livespins expand its portfolio of content by adding Booming Games’ slot portfolio. By integrating the game developer’s entire portfolio of slots into its platform, Livespins […]
