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IGT ups cash offer for tweaks on US$300 mln of its notes

Oct 22, 2014 Newsdesk Latest News, Top of the deck, World

Casino equipment maker International Game Technology (IGT) has extended for two days the deadline for holders of its 2020 principal notes – worth US$300 million – to consent to certain changes of...

Chris Rogers exits Transcity for own ventures

Oct 22, 2014 Newsdesk Industry Talk, Latest News, Macau, World

Chris Rogers, senior vice president of sales and marketing for casino services firm Transcity Group APA, a Suzo-Happ Group company, is leaving to pursue other business interests. Those interests...

Sands China Q3 net revenue kept afloat by non-gaming

Oct 21, 2014 Newsdesk Latest News, Macau, Top of the deck

A strong performance in all non-gaming areas helped Sands China Ltd to prevent a year-on-year drop in net revenue during the three months ended September 30. Sands China reported annual increases in...

Bally Tech awards US$13 mln to top bosses in fiscal 2014

Oct 21, 2014 Newsdesk Industry Talk, Latest News, Top of the deck

Executive compensation for the top six managers at casino equipment maker Bally Technologies Inc totalled US$13.1 million in the year ended June 30, 2014, according to a company filing with Nasdaq in...

Macau VIP decline could slow in Nov, Dec: DB

Oct 21, 2014 Newsdesk Latest News, Macau, Top of the deck

The rate of year-on-year decline in Macau VIP gaming revenue could slow in November and December, suggests a note from analyst Karen Tang of Deutsche Bank AG in Hong Kong. “For November and...

Aristocrat completes acquisition of VGT, eyes more deals

Oct 21, 2014 Newsdesk Latest News, Top of the deck, World

Gaming supplier Aristocrat Leisure Ltd on Tuesday announced it has completed the acquisition of U.S.-based gaming machine manufacturer Video Gaming Technologies Inc (VGT), in a deal worth US$1.28...

Dimming chance of Japan casino bill by Nov: Union Gaming

Oct 20, 2014 Newsdesk Japan, Latest News, Top of the deck

The likelihood of Japan passing an enabling bill by the end of the current parliamentary session on November 30 to legalise the principle of casino resorts has “declined”, suggested a note on...

Queensland casino directors urge Fung takeover nod

Oct 20, 2014 Newsdesk Latest News, Top of the deck, World

Directors responsible for administering the Reef Casino Trust (RCT), owner of the Reef Hotel Casino (pictured in a rendering) in Queensland, Australia, on Monday reiterated their recommendation to...

Tough times make Macau casinos stronger: Pansy Ho

Oct 20, 2014 Newsdesk Latest News, Macau, Top of the deck

Pansy Ho Chiu King (pictured), co-chairperson of casino operator MGM China Holdings Ltd, on Friday indicated the downturn in Macau gross gaming revenue (GGR) would help Macau gaming operators become...

Sinogreen mandatory takeover by Jack Lam fails

Oct 20, 2014 Newsdesk Latest News, Macau, Top of the deck

An exercise that would have allowed a full takeover of Sinogreen Energy International Group Ltd by Macau casino junket veteran Jack Lam Yin Lok has failed. But that means the company will maintain...

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The most popular gambling games and slots in Asia, according to 1xBet

Aug 16, 2024

For global betting company 1xBet, Asia is a key market for several reasons. Firstly, it is the largest region in terms of population and density, home to about 5 billion people, or 60 percent of the world’s total. Secondly, Asia’s gambling entertainment history spans thousands of years, with...