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MGM Resorts plans US$1.15 bln offering to trim development debt

Nov 21, 2014 Newsdesk Industry Talk, Latest News, World

MGM Resorts International, the parent of Macau-based MGM China Holdings Ltd, on Thursday announced it was pricing a public offering of US$1.15 billion in aggregate principal amount of 6 percent...

Paradise breaks ground on Yeongjong casino

Nov 21, 2014 Newsdesk Latest News, Rest of Asia, Top of the deck

South Korean casino operator Paradise Co Ltd broke ground on Thursday at the site of its planned US$1.7 billion Paradise City casino resort (pictured in a rendering) at Incheon, near the country’s...

Bally, Scientific Games merger clears last regulatory hurdle

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

U.S.-based specialist in lottery equipment and management Scientific Games Corp on Thursday received the final regulatory approval required for the merger with Bally Technologies Inc, a global slot...

Imperial Pacific ok for 49 pct fresh equity in Saipan

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

Imperial Pacific International Holdings Ltd – holder of a casino licence for the Pacific island of Saipan (pictured) – will be allowed by the authorities there to bring in outside investors up to...

Changes to Macau border policy positive: analyst

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

The border crossing between Macau and mainland China’s Hengqin Island will start operating round-the-clock on December 18, Macau’s government spokesperson Alexis Tam Chon Weng announced on...

Chow Tai Fook boss eyes Incheon casino

Nov 20, 2014 Newsdesk Latest News, Rest of Asia, Top of the deck

Chow Tai Fook Enterprises Ltd on November 16 signed a letter of intent to invest US$1.6 billion to create a new South Korean casino resort at Incheon, near the country’s capital Seoul, reports...

Macau non-gaming spend rising as GGR slides

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

Visitors to Macau spent MOP15.5 billion (US$1.9 billion), excluding gaming expenses, in the third quarter of 2014, up by 4.6 percent from a year earlier, official data show. Total spending by...

Genting to debut in Korea in 2015

Nov 20, 2014 Newsdesk Latest News, Rest of Asia, Top of the deck

The Genting brand is set to enter South Korea’s gaming market next year via a partnership between Genting Hong Kong Ltd and mainland China real estate developer Landing International Development...

Bally shareholders approve merger with Scientific Games

Nov 20, 2014 Newsdesk Industry Talk, Latest News, Top of the deck

The stockholders of U.S.-based gaming equipment maker Bally Technologies Inc have formally approved the merger with Scientific Games Corp, a specialist in lottery equipment and management also based...

MGM’s Hornbuckle upbeat on Japan despite snap poll

Nov 19, 2014 Newsdesk Japan, Latest News, Top of the deck

A senior MGM Resorts International executive on Wednesday said his company was still “very optimistic” about the prospects for casinos in Japan despite the news of a snap general election called...

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Lee ‘SunBhie’ Jeong-jae – legendary coach of ambitious Aurora...

Dec 05, 2024

Sponsored feature | The young e-sports organisation Aurora Gaming was founded just two years ago with the support of title sponsor 1xBet. Today, it competes in several e-sports disciplines, including Counter-Strike 2, Apex Legends, Mobile Legends, and Warcraft. However, Asian e-sports fans are...