Tag Archives Corporation

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 ...

Las Vegas Sands Corporation records mixed fourth-quarter results

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American casino operator Las Vegas Sands Corporation has reportedly announced that it saw company-wide net revenues for the final three months of 2019 increase by 1% year-on-year to $3.51 billion despite chalking up a 0.8% decline in aggregated takings from its properties in Asia. According to a report from Inside Asian Gaming, the Las ...

Scientific Games Corporation to power coming Michigan sportsbook

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American lottery and gaming machines innovator Scientific Games Corporation has announced the inking of a deal that is to see it provide central Michigan’s FireKeepers Casino Hotel with a retail sportsbetting facility. The Las Vegas-headquartered innovator used an official Wednesday press release to detail that the new alliance follows last month’s passage of sweeping ...

Caesars Entertainment Corporation to vacate Harrah’s Reno

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In Nevada and prominent casino operator, Caesars Entertainment Corporation, is reportedly set to abandon the iconic Harrah’s Reno property as part of its planned $17.3 billion merger with rival Eldorado Resorts Incorporated. According to a Tuesday report from The Nevada Independent newspaper, the 940-room venue is operated by Caesars Entertainment Corporation under a lease ...

Scientific Games Corporation bringing Symphony lottery advance to Germany

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American lottery and gaming machines innovator Scientific Games Corporation has announced the signing of a five-year deal that is to see it is supply its technologies to the lottery operator for the southwestern German state of Baden-Wurttemberg. The Las Vegas-headquartered firm used a Wednesday press release to proclaim that the agreement with Lotto Baden-Wurttemberg ...

Singapore disappointment for Bloomberry Resorts Corporation

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In Singapore and Asian casino operator Bloomberry Resorts Corporation has reportedly lost its attempt to overturn the earlier ruling of an arbitration tribunal and may now be forced to pay some $296 million to a subsidiary of American entertainments firm Global Gaming Asset Management LLC. According to a Monday report from Inside Asian Gaming, ...

Caesars Entertainment Corporation opens new Caesars Southern Indiana

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In Indiana and Caesars Entertainment Corporation reportedly inaugurated its $90 million Caesars Southern Indiana venue yesterday after closing down its adjacent Horseshoe Southern Indiana riverboat predecessor. According to a Thursday report from The Courier-Journal newspaper, the land-based facility’s debut was made possible by the passage of legislation in 2015 that permits Indiana riverboat casinos ...

Scientific Games Corporation inks California State Lottery contract extension

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American lottery and gaming machines innovator, Scientific Games Corporation, has announced the signing of a three-year contract extension that is to see it carry on providing the California State Lottery with instant games and associated services. The Las Vegas-headquartered giant used an official Tuesday press release to detail that the refreshed arrangement will moreover ...