Tag Archives Company

EveryMatrix debuts casino games development company ARCADEM as first RGS Matrix client

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Malta-based software development company EveryMatrix has launched its very first RGS Matrix client, ARCADEM. Established in 2020, the up-and-coming games studio will utilize the ‘out of the box’ remote gaming server to make, deploy, and distribute its complete gaming portfolio. Coming soon: Scheduled for September release, The Neon Samurai Kawa,  is the developer’s first ...

Coronavirus-related June comedown for Paradise Company Limited

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South Korean casino operator Paradise Company Limited has reportedly released its financial results for June showing that it had experienced a decrease of 80.8% year-on-year in aggregated gross gaming revenues to approximately $11.52 million. According to a report from GGRAsia, the Seoul-listed firm used an official Thursday filing to detail that the figure for ...

Paradise Company Limited records depressed May gaming revenues

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South Korean casino operator Paradise Company Limited has reportedly released its financial results for May showing that it had experienced a 51.2% year-on-year decrease in aggregated gaming revenues to just over $24.45 million. According to a report from Inside Asian Gaming, the Seoul-listed firm is responsible for the giant Paradise City integrated casino resort ...

Yggdrasil YG Masters welcomes Skyrocket Entertainment’s The Games Company to the program

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Several online gaming content companies have been joining the reputable YG Masters program of Yggdrasil as of late with the most recent being the Skyrocket Entertainment company. The group will now have access to the supplier’s GATI technology as a way to drive growth on a global scale. The Games Company is the content ...

Paradise Company Limited re-opens casinos following coronavirus closures

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South Korean casino operator Paradise Company Limited has reportedly announced that its four domestic venues have just been re-opened after being temporarily shuttered last month in response to the coronavirus pandemic. According to a report from GGRAsia, the Seoul-listed firm is responsible for hotel-based casinos in the cities of Seoul, Jeju and Busan as ...

Paradise Company Limited records a discouraging March

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South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for March showing that aggregated gross gaming revenues had decreased by over 60% year-on-year to stand at slightly beyond $15.97 million. According to a report from GGRAsia, the Seoul-listed firm used an official Thursday filing to detail that the figure for ...

The Daily Fantasy Football Company has its Malta licence cancelled

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The gambling regulator for Malta has announced that it has cancelled the business-to-consumer license of iGaming operator The Daily Fantasy Football Company Limited for multiple breaches of its regulations. The Malta Gaming Authority (MGA) used an official Friday press release to declare that the decision concerning the Valletta-headquartered operator behind the domains at TheFantasyFootball.com ...

DraftKings to merge with Diamond Eagle Acquisition Corp. and SBTech; becoming public company

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DraftKings, a daily fantasy sports and bookmaker, is merging with Diamond Eagle Acquisition Corp. and SBTech, to become a public company. Because the merger includes a special purpose acquisition company, DraftKings will become public and avoid the standard IPO process. New Deal: The new merger was announced on Monday. With DraftKings combining with the ...

The Cordish Company breaks ground on new $150M “mini” casino at Moreland Mall in PA

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The new $150 million Live! Casino Pittsburgh is one step closer to opening, as a groundbreaking ceremony was held on Wednesday for the 100,000 square foot complex being built in Hempfield Township, approximately 30 miles from downtown Pittsburgh. The effort by Stadium Casino Westmoreland RE, LLC, part of Baltimore-based The Cordish Companies, will replace ...

Paradise Company Limited heralds successful September

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South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for September showing that it experienced an impressive 42.7% increase year-on-year in aggregated gross gaming revenues to approximately $61.03 million. According to a report from GGRAsia, the Seoul-listed firm used an official Wednesday filing to detail that its table games revenues ...

Mixed August financials for Paradise Company Limited

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South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for August showing that it experienced a 36.1% increase year-on-year in aggregated gross gaming revenues to approximately $57.52 million. According to a report, the Seoul-listed firm used an official Tuesday filing to detail that its August table games revenues rose by ...

Paradise Company Limited records mixed July financial results

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South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for July showing that it experienced a 19.1% increase year-on-year in aggregated gross gaming revenues to approximately $61.07 million. According to a Monday report, the Seoul-listed firm is responsible for four foreigner-only facilities spread across the Asian nation and used an ...

Genting Malaysia Berhad resolves lawsuit against The Walt Disney Company

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Asian casino operator Genting Malaysia Berhad has reportedly announced that it has reached a settlement that has ‘fully resolved’ the $1 billion lawsuit it filed against The Walt Disney Company late last year. Park progress: According to a Friday report from GGRAsia, the Kuala Lumpur-listed firm used an official filing to detail that the resolution ...