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World

Blackstone amends terms to Crown bid over gaming licences

Blackstone amends terms to Crown bid over gaming licences

Apr 13, 2021 Tiago Azevedo Latest News, Top of the deck, World  

Australian casino operator Crown Resorts Ltd says it received a letter from private equity management firm Blackstone Group Inc “setting out a modification” to some of the terms in the...
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Sci Games outlook now stable on gaming recovery: Moody’s

Sci Games outlook now stable on gaming recovery: Moody’s

Apr 12, 2021 Newsdesk Industry Talk, Latest News, Top of the deck, World  

Moody’s Investors Service has upgraded the outlook of a unit of casino equipment provider Scientific Games Corp, to ‘stable’, from ‘negative’. In a rating update issued...
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Moody’s expects MGM, Wynn to pursue large IR development 

Moody’s expects MGM, Wynn to pursue large IR development 

Apr 08, 2021 Newsdesk Latest News, Macau, Top of the deck, World  

Moody’s Investors Service Inc says it expects casino operators MGM Resorts International and Wynn Resorts Ltd to pursue new “large, high profile” development opportunities “around the...
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Genting issuing US$350mln notes for Las Vegas project

Genting issuing US$350mln notes for Las Vegas project

Apr 01, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck, World  

Malaysia-based gaming conglomerate Genting Bhd says two subsidiaries are to issue US$350-million worth of senior notes, primarily toward repaying borrowings linked to the Resorts World Las Vegas...
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Razon vigorously to oppose GGAM New York suit: filing

Razon vigorously to oppose GGAM New York suit: filing

Mar 31, 2021 Newsdesk Latest News, Philippines, Top of the deck, World  

Philippine casino operator Bloomberry Resorts Corp has confirmed that the firm’s chairman and chief executive, Enrique Razon, and some of the group’s units have been sued in the U.S. District...
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GGAM sues Razon, Bloomberry units in New York court

GGAM sues Razon, Bloomberry units in New York court

Mar 30, 2021 Newsdesk Latest News, Philippines, Top of the deck, World  

A unit of United States-based Global Gaming Asset Management LLC (GGAM) has filed a lawsuit in New York, in the United States, against Enrique Razon (pictured), chairman and chief executive of...
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Resorts World Las Vegas EBITDA ramp by 2024: Fitch

Resorts World Las Vegas EBITDA ramp by 2024: Fitch

Mar 30, 2021 Newsdesk Latest News, Top of the deck, World  

Resorts World Las Vegas (pictured), the Nevada, United States, casino complex due to open this year, could reach fully ramped-up earnings before interest, taxation, depreciation and amortisation...
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New control at Crown Resorts could stem troubles says Fitch

New control at Crown Resorts could stem troubles says Fitch

Mar 24, 2021 Newsdesk Latest News, Top of the deck, World  

Fitch Ratings Inc says an offer by private equity management firm Blackstone Group Inc to acquire all the shares in Australian casino operator Crown Resorts Ltd, “could help” Crown Resorts to...
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Bobby Soper to lead Mohegan Gaming’s Asia efforts

Bobby Soper to lead Mohegan Gaming’s Asia efforts

Mar 24, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck, World  

United States-based tribal casino operator Mohegan Gaming and Entertainment announced on Tuesday the appointment of Bobby Soper (pictured in a file photo) as the company’s...
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GEN Malaysia further inputs to Empire possible: Nomura

GEN Malaysia further inputs to Empire possible: Nomura

Mar 22, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck, World  

Nomura banking group says there is  “limited room” in the near term for casino investor Genting Malaysia Bhd to realise “further capital injections” into Empire Resorts Inc, an...
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Features

  • Maybe only handful Macau junkets can survive: trade rep
    Maybe only handful Macau junkets can survive: trade rep

    Apr 01, 2021  

    Possibly only a “couple” of Macau’s VIP gaming...
  • Local play key for Vietnam casino resort future: experts
    Local play key for Vietnam casino resort future: experts

    Mar 18, 2021  

    Vietnam’s large-scale casino resorts are not likely to...
  • Macau must clarify VIP sub-agent legal status: scholar
    Macau must clarify VIP sub-agent legal status: scholar

    Mar 12, 2021  

    Key regulatory issues on casino gaming to be addressed by...
  • Single gambling regulator for Singapore logical: experts
    Single gambling regulator for Singapore logical: experts

    Jun 05, 2020  

    Singapore’s plan to establish by 2021 a new body known as...
  • Casino cities embrace online play or lose out: experts
    Casino cities embrace online play or lose out: experts

    May 25, 2020  

    The coronavirus pandemic has been touted in some quarters...

Partners

From the Press

Bally's to pay US$308mln for
Tropicana Hotel on Las Vegas Strip

U.S. News Apr 13

GKL's operating loss
to continue in 2021

Business Korea Apr 13

Ransomware attack to blame for
Federal Group's pokies outage

ABC News Apr 13

Pick of the Day

”It is the expectation of Blackstone that it will receive probity approval to acquire 100 percent of Crown from each of the state gaming regulators [in Australia] by third-quarter 2021”

Australian casino operator Crown Resorts



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