Tag Archives dispute

Fox Corporation files lawsuit over FanDuel Group valuation dispute

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American media conglomerate Fox Corporation has reportedly filed a lawsuit against British iGaming behemoth Flutter Entertainment concerning its upcoming option on a 18.6% stake in prominent online sportsbook operator FanDuel Group. According to a Tuesday report from American broadcaster CNBC, London-listed Flutter Entertainment spent approximately $4.2 billion in December so as to purchase a ...

Donaco International Limited pauses Cambodian legal dispute

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Asian casino operator Donaco International Limited has reportedly temporarily suspended its legal wrangle with a trio of minority shareholders that have been attempting to terminate the 50-year lease for the land occupied by its Star Vegas Resort and Club in Cambodia. According to a report from GGRAsia, the Sydney-listed firm used an official filing to ...

United States and China trade dispute negatively impacting Asian economies

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Global credit ratings firm Fitch Ratings Incorporated has reportedly declared that the economies of several Asian nations with casino gambling are being weakened due to the ‘softening global demand and uncertainty’ created as a consequence of the ongoing trade dispute between the United States and China. According to a report from GGRAsia, the American ...