Tag Archives Corporation

Manila casino authorization for International Entertainment Corporation

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Following many months of negotiations and Asian hotel and leisure operator International Entertainment Corporation has reportedly announced that it has finally received conditional approval to transform one of its Philippines properties into a full-scale integrated casino resort. According to a Tuesday report from G3Newswire, the Hong Kong-listed firm revealed that its Marina Square Properties ...

Ronald Perelman agrees sale of 39% stake in Scientific Games Corporation

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American billionaire businessman Ronald Perelman (pictured) has reportedly agreed a deal that will see him offload his entire 39% stake in gaming machines behemoth Scientific Games Corporation to Australian investments firm Caledonia. According to a report from the Bloomberg news service, the 77-year-old is responsible for the large shareholding through his MacAndrews and Forbes ...

Scientific Games Corporation breaking new lottery ground in Germany

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American gaming machines innovator Scientific Games Corporation has announced the launch of a pilot program that has seen Germany’s Sachsenlotto roll out a limited number of its PlayCentral HD self-service lottery scratchcard vending machines. The Las Vegas-headquartered firm used an official Wednesday press release (pdf) to detail that the first-of-its-kind arrangement has involved the ...

FanDuel Sportsbook app debuts in Iowa via Boyd Gaming Corporation alliance

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Prominent online sportsbook operator FanDuel Group has announced that its mobile-friendly online sports betting app has gone live for aficionados in the American state of Iowa courtesy of an alliance with casino operator Boyd Gaming Corporation. The New York-headquartered firm used an official Thursday press release to detail that punters in ‘The Hawkeye State’ can ...

Scientific Games Corporation extends Wynn Resorts Limited digital alliance

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American iGaming, lottery and gaming machines innovator Scientific Games Corporation has announced the signing of a deal that has seen it extend its digital relationship with Wynn Resorts Limited into the states of Colorado and Indiana. The Las Vegas-headquartered firm used an official Wednesday press release (pdf) to detail that Wynn Resorts Limited’s recreational ...

Boyd Gaming Corporation premieres free-play Stardust Social Casino app

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American land-based casino operator Boyd Gaming Corporation has announced that it has taken a further step into the iGaming realm via the premiere of its free-play Stardust Social Casino app. The Las Vegas-headquartered firm used an official Tuesday press release to state that the new iOS and Android-friendly mobile innovation is themed around the motifs ...

Scientific Games Corporation investor considering potential stake sale

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American billionaire businessman Ronald Perelman (pictured) has reportedly revealed that he is looking into the possibility of offloading the entire 39% stake he holds in gaming machines behemoth Scientific Games Corporation. According to a report from Inside Asian Gaming citing an earlier story from the Bloomberg news service, the 77-year-old is responsible for the ...

SciPlay Corporation acquires casual games innovator Come2Play Limited

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The SciPlay Corporation subsidiary of Scientific Games Corporation has announced the completion of a deal that has seen it spend an undisclosed amount of cash in order to purchase mobile casual games developer Come2Play Limited. The Las Vegas-headquartered firm used an official Monday press release to detail that it had already offered a range ...

Re-opening gloom for Caesars Entertainment Corporation venues

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American casino operator Caesars Entertainment Corporation has reportedly announced that its five recently re-opened Nevada properties recorded aggregated first-week revenues that were between 56% and 58% lower year-on-year. According to a Tuesday report from CDC Gaming Reports, the NASDAQ-listed company partially revived operations at its Caesars Palace Las Vegas, Harrah’s Lake Tahoe, Flamingo Las ...

International Entertainment Corporation reveals Manila casino plan

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Asian hotel and leisure operator International Entertainment Corporation has reportedly informed investors that one of its subsidiaries is hoping to be given permission to bring an integrated casino resort to the Philippines capital of Manila. According to a report from Inside Asian Gaming, the Hong Kong-listed firm used an official filing to detail that ...

FSI agrees Scientific Games Corporation integration alliance

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Greek fantasy sportsbook software developer Fantasy Sports Interactive (FSI) has announced the signing of a strategic deal that is to see it supply its innovations to American gaming behemoth Scientific Games Corporation. The Athens-headquartered firm used an official May 26 press release to declare that the arrangement will allow its unique array of iGaming ...

Las Vegas Sands Corporation facing Marina Bay Sands probe

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American casino operator Las Vegas Sands Corporation is reportedly facing an official federal probe into whether its Marina Bay Sands venue in Singapore breached anti-money laundering regulations. According to a Thursday report from the Bloomberg news service, the inquiry from the United States Department of Justice was launched after Marina Bay Sands’ former compliance ...

Bloomberry Resorts Corporation subject of second Bangladesh Bank lawsuit

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In the United States and the national bank of Bangladesh has reportedly filed a civil complaint against 17 entities including casino operator Bloomberry Resorts Corporation concerning the 2016 theft from its coffers of approximately $81 million. According to a Monday report from Inside Asian Gaming, the legal action from Bangladesh Bank has been lodged ...

Caesars Entertainment Corporation in talks to run envisioned Danville casino

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In southern Virginia and officials for the city of Danville have reportedly launched negotiations that could see Caesars Entertainment Corporation given the right to build and operate the area’s envisioned casino. According to a Monday report from local television broadcaster WSET-TV, the community of some 43,000 people is one of five that is due ...

Las Vegas Sands Corporation aborts dividend program amid coronavirus concern

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American casino operator, Las Vegas Sands Corporation, has reportedly announced the suspension of its dividend program for 2019 so as to give it ‘maximum optionality’ in securing returns following the end of the ongoing coronavirus pandemic. According to a Thursday report from the Las Vegas Review-Journal newspaper, the New York-listed firm used an official ...

Okada Manila closure hurting parent Universal Entertainment Corporation

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Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly detailed that it expects to record comparable drops in its net income and aggregate sales for the twelve months to the end of the year. According to a report from Inside Asian Gaming, the Tokyo-listed firm used an official filing to explain ...

Bloomberry Resorts Corporation intent on broadening its interests

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Asian casino operator Bloomberry Resorts Corporation has reportedly announced that it will be taking steps to further diversify its investment portfolio so as to better shield itself from the impact of future downturns such as those currently being experienced as a result of the coronavirus pandemic. According to a report from GGRAsia, the Manila-listed ...

Scientific Games Corporation content supply deal for Rush Street Interactive

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American online casino operator Rush Street Interactive has announced the signing of a deal that is to see its Pennsylvania-facing domains at PlaySugarHouse.com and BetRivers.com feature a range of titles from industry giant Scientific Games Corporation. A subsidiary of American regional casino operator Rush Street Gaming, the Chicago-headquartered firm used an official Wednesday press ...

Disappointing dividend decision from Boyd Gaming Corporation

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American casino operator Boyd Gaming Corporation has announced that it will not be paying investors a first-quarter dividend due to the financial uncertainty caused by the coronavirus-related shutdown of its almost 30 properties. The Las Vegas-headquartered firm used an official Wednesday press release to detail that all of its venues have now been temporarily ...

US federal court dismisses action against Bloomberry Resorts Corporation subsidiary

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In the United States and a federal court has reportedly dismissed a civil case filed by Bangladesh Bank against a subsidiary of Manila-listed casino operator Bloomberry Resorts Corporation regarding the 2016 theft by cyber hackers of approximately $81 million. According to a report from Inside Asian Gaming, the action from the Asian nation’s state-run ...

Credit rating concerns for Las Vegas Sands Corporation

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International credit ratings firm Moody’s Investors Service Incorporated has reportedly announced that it is currently considering whether to lower its financial assessment for American casino giant Las Vegas Sands Corporation. According to a report from GGRAsia, the organization revealed that the review, which is also looking at the Las Vegas-based gambling firm’s Sands China ...

Scientific Games Corporation inks Golden Nugget LLC iGaming alliance

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American gaming machines behemoth, Scientific Games Corporation, has announced the signing of a deal that is to see it provide a range of innovative iGaming solutions to land-based casino operator Golden Nugget LLC. The Las Vegas-headquartered firm used an official press release to describe the long-term alliance with the operator behind five casinos as ...

James Bond scratchcard success for Scientific Games Corporation

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American gaming machines behemoth, Scientific Games Corporation, has announced that a total of 22 domestic and international lotteries are taking advantage of some component of its new James Bond-branded family of instant lottery games. The Las Vegas-headquartered innovator used an official Friday press release (pdf) to detail that the Massachusetts State Lottery premiered its ...