Cabinet officials in the Philippines have not yet discussed calls – made repeatedly from multiple sources within the country’s political establishment – to ban the formerly-named Philippine Offshore Gaming Operators (POGOs). The…
Andrew Lo again seeks sale of Tigre de Cristal in Russia
The controlling shareholder in casino investor LET Group Ltd aims to resume attempts to sell the group’s casino operations at the Tigre de Cristal resort (pictured in a file photo) in Russia….
Tecnet Asia’s Suat Sirin: Elevating gaming in Asia with Novomatic, Ainsworth and Apex
In a recent interview, Suat Sirin, the President of Tecnet Asia, shared his strategic vision for the brands represented by his company. Suat emphasized that Tecnet’s mission extends beyond short-term gains or…
Legendary skater Tony Hawk to deliver keynote at SBC Summit
World-renowned professional skateboarder and iconic video game legend Tony Hawk will deliver a keynote address at the upcoming SBC Summit, organizers have announced. The keynote, titled Tony Hawk – What Keeps The…
Citi: Macau EBITDA margins likely maintained strength in Q2
Investment bank Citi said in a Monday note that it anticipates aggregate EBITDA margins for Macau’s six gaming concessionaires to have maintained strength throughout the June 2024 quarter at around 28% –…
World Series of Poker Main Event sets another all-time record with 10,112 entries
The 2024 World Series of Poker (WSOP) has set another all-time record, with a final Main Event starting field of 10,112 entries comfortably beating the then-record 10,043 who took part last year….
LET Group’s Andrew Lo resumes efforts to sell off stake in Russia’s Tigre de Cristal
The Chairman and controlling shareholder of Hong Kong-listed LET Group, Andrew Lo, has resumed plans to sell off the company’s entire interest in Russian integrated resort Tigre de Cristal, located in the…
Morgan Stanley says Melco to pocket 30% of EBITDA generated by new Sri Lanka casino venture
Melco Resorts & Entertainment will likely pocket less than 30% of the EBITDA generated by its new Sri Lankan casino venture due to high rental and income tax requirements, according to Morgan…
ACMA: BetStop Reached Almost 26K Registrants in June
In June, a total of 1,590 new people signed up for BetStop, opting to exclude themselves from gambling The Australian Communications and Media Authority (ACMA) has released new statistics about the performance…
Penn Entertainment Shares Soar as Flutter Weighs In on Potential Acquisition
Flutter’s focus is on acquiring Penn’s interactive assets, particularly ESPN Bet, given its own ownership of FanDuel, a prominent sports betting platform Flutter Entertainment is said to be considering the purchase of…