Tag Archives Limited

Crown Resorts Limited temporarily suspends all external junket activities

by

Australian casino operator Crown Resorts Limited has reportedly announced that it has suspended ‘all activity’ with external junket operators until the end of June as part of an in-house review into its ‘compliance and governance processes.’ According to a report from GGRAsia, the Sydney-listed firm made the revelation via an official filing as it ...

Crown Resorts Limited well positioned to weather slow Crown Sydney start

by

The more conservative financial profile currently being maintained by Australian casino operator Crown Resorts Limited should reportedly allow the firm to better weather the anticipated slow start to business for its coming Crown Sydney development. According to a report from Inside Asian Gaming, this is the opinion of global credit rations agency Fitch Ratings ...

Lottoland Limited escapes deceptive conduct claim in Australia

by

In Australia and online lottery firm Lottoland has reportedly prevailed in its appeal against a man who claimed to have won approximately $173.45 million courtesy of what he thought had been a successful pick on the United States’ multi-jurisdictional PowerBall game. According to a Wednesday report from the Australian Broadcasting Corporation, the Gibraltar-headquartered operator ...

Junket boss acquires significant stake in Macau Legend Development Limited

by

In Macau and an entity controlled by local businessman Chan Weng Lin (pictured) has reportedly paid approximately $173 million in order to purchase a 20.65% stake in Asian casino operator Macau Legend Development Limited. According to a report from GGRAsia, the acquisition was carried out by the junket entrepreneur’s British Virgin Islands-registered Perfect Achiever ...

Elaine Wynn abandons quest for Wynn Resorts Limited board position

by

The largest individual shareholder in Wynn Resorts Limited, Elaine Wynn (pictured), has reportedly announced that she has given up on her quest to secure a place on the American casino operator’s board of directors. According to a Thursday report from the Las Vegas Review-Journal newspaper, the revelation came during a Nevada Gaming Control Board ...

Coronavirus consequences for Paradise Company Limited

by

South Korean casino operator Paradise Company Limited has reportedly announced that its aggregated gaming revenues for August plummeted by 75% year-on-year to just over $14.55 million owing to a slump in visitation caused by the ongoing coronavirus pandemic. According to a Monday report from Inside Asian Gaming, the Seoul-listed firm revealed that the monthly ...

Crown Resorts Limited enquiry hears from Jason O’Connor

by

In Australia and an official enquiry looking into the license suitability of Crown Resorts Limited has reportedly taken evidence from one of the firm’s employees that was arrested by Chinese authorities in 2016 for illegally promoting gambling. According to a Sunday report from Inside Asian Gaming, Jason O’Connor (pictured) served as the casino operator’s ...

Betfred loses out on Phumelela Gaming and Leisure Limited purchase

by

South African horseracing and tote betting operator Phumelela Gaming and Leisure Limited has reportedly turned down a rescue deal that was to have seen giant British bookmaker Betfred purchase its entire business for approximately $55.6 million. According to a short report from Gambling Insider, the Johannesburg-headquartered firm has instead opted to accept an earlier ...

Scientific Games Corporation extends Wynn Resorts Limited digital alliance

by

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 ...

Nolimit City Limited goes ‘otherworldly’ with new Book of Shadows video slot

by

Maltese online casino games developer Nolimit City Limited has proclaimed that it has ‘moved away from the norm’ with the release of its new five-reel and ten-payline Book of Shadows video slot. Headquartered in the Valletta suburb of Gzira, the firm used an official Thursday press release to declare that the mobile-friendly title is ...

GAN Limited launches MyChoice innovation with Penn Interactive alliance

by

British business-to-business iGaming software supplier GAN Limited has announced the inking of an arrangement that is to see American land-based casino operator Penn National Gaming Incorporated utilize its new MyChoice social casino app. The London-headquartered innovator used an official Thursday press release (pdf) to detail that its just-launched MyChoice advance allows casino operators to ...

The Star Entertainment Group Limited counting the cost of coronavirus

by

In Australia and local casino operator The Star Entertainment Group Limited has reportedly recorded an overall loss of approximately $68.07 million for the twelve months to the end of June due in large part to the temporary coronavirus-induced shuttering of its facilities in Queensland and Victoria. According to a report from Inside Asian Gaming, ...

Wynn Resorts Limited bemoans strained United States/China relationship

by

American casino operator Wynn Resorts Limited has reportedly announced that escalating tensions between the United States and China could be hindering its attempt at securing an undisclosed amount of new financing. According to a report from CDC Gaming Reports, the Las Vegas-headquartered firm used an official filing to declare that the ongoing trade war ...

Alvin Chau showing commitment to Suncity Group Holdings Limited

by

The main investor in Asian casino management firm Suncity Group Holdings Limited has reportedly transferred shareholder loans worth approximately $500 million into perpetual securities featuring no maturity date. According to a report from Inside Asian Gaming, the Hong Kong-listed enterprise declared that the move from Alvin Chau (pictured) will allow it to ‘reduce its ...

Blueprint Gaming Limited rolls out Deal or No Deal Lightning Spins video slot

by

British online casino games developer Blueprint Gaming Limited has announced the launch of its latest video slot themed around the iconic Deal or No Deal television gameshow in the five-reel and 20-payline Deal or No Deal Lightning Spins. The Newark-headquartered innovator used an official Thursday press release published by European Gaming Media and Events ...

Yggdrasil Gaming Limited hits the back of the net with new Football Glory video slot

by

Only a week after launching its Medusa Fortune and Glory video slot, Maltese online casino games developer Yggdrasil Gaming Limited has now returned to announce the debut of its new five-reel and 25-payline Football Glory innovation. Headquartered in the northern Valletta suburb of Sliema, the developer used an official Wednesday press release to declare that ...

Dire second-quarter financials for Galaxy Entertainment Group Limited

by

Asian casino operator Galaxy Entertainment Group Limited has reportedly released its second-quarter financial results showing that it experienced a loss of approximately $176.77 million as its overall net revenues crashed by 91% year-on-year to hit just over $148.38 million. According to reports from Inside Asian Gaming and GGRAsia, the Hong Kong-listed firm used an ...

EveryMatrix Software Limited inks PartnerMatrix alliances with Affiliate Guard Dog and AffPapa

by

Maltese online casino software developer EveryMatrix Software Limited has announced the signing of agreements with iGaming affiliate media platforms Affiliate Guard Dog and AffPapa regarding its own PartnerMatrix service. Headquartered in the northern Valletta suburb of St Julian’s, the innovator used an official press release to describe its PartnerMatrix advance as a customizable affiliate ...

Relax Gaming Limited inks Tipobet365.com integration alliance

by

Maltese online casino games developer Relax Gaming Limited has announced the signing of a deal that is to see it supply iGaming entertainment to aficionados via the Turkish-language domain at Tipobet365.com. Headquartered in the Valletta suburb of St Julian’s, the innovator used an official Monday press release to declare that the new arrangement will ...

Imperial Pacific International Holdings Limited investor offloads shares

by

Billionaire Chinese businesswoman Cui Li Jie has reportedly offloaded 1.54% of her stake in besieged casino operator Imperial Pacific International Holdings Limited after a steep decline in its share price triggered margin finance enforcement action. According to a report from Inside Asian Gaming, the 61-year-old also serves as Chairman for the Hong Kong-listed firm ...

Booming Games Limited goes native with new Howling Wolves video slot

by

Some six weeks after launching its ShowMaster video slot and Maltese online casino games developer Booming Games Limited has now returned to announce the debut its new five-reel and 25-payline Howling Wolves innovation. The Sliema-headquartered innovator used an official Wednesday press release published by European Gaming Media and Events to pronounce that its latest ...

OneTouch Technology Limited inks Bitcasino.io integration agreement

by

Mobile-friendly online casino games developer OneTouch Technology Limited has announced the signing of a deal that is to see a range of its titles provided to players via the Curacao-licensed domain at Bitcasino.io. The Isle of Man-based firm used an official Wednesday press release published by European Gaming Media and Events to declare that ...

Wynn Macau Limited experiences second-quarter disappointment

by

Asian casino operator Wynn Macau Limited has reportedly released its unaudited financial results for the second quarter showing that it experienced a drop of 98.2% year-on-year in overall operating revenues to just $20.6 million. According to a report from Inside Asian Gaming, the Hong Kong-listed firm used an official filing to detail that its ...