Malaysia’s Prime Minister Anwar Ibrahim has described reports the nation is considering issuing a second casino license as a “lie”. Anwar was asked about the issue by local media on Thursday following…
Bulgaria Mulls over Gambling Ad Ban
MP Tsonev elaborated that billboard ads would still be permitted, provided they are not in the vicinity of schools Bulgarian MPs have proposed new changes to the country’s Gambling Act several weeks…
Ireland: Lawmakers Consider Exception for Ads by Gambling Charities
Legislators in the country are considering changes to the initially proposed blanket gambling advertising ban to exclude charitable organizations Similarly to the overhaul of the gambling sector in Great Britain, lawmakers in…
MGM Osaka Financing Secured, Multibillion-Dollar Loan Historic in Japan
The development group behind MGM Osaka this week secured its final financing component to bring the integrated casino resort to reality. MGM Osaka is a more than $8 billion development on the…
Crown Resorts Retains Coveted Sydney Casino License After Corp. Transformation
Australian casino giant Crown Resorts has been deemed suitable to continue possessing a gaming license in New South Wales (NSW) after the embattled organization underwent a corporate overhaul in recent years. On…
Einhorn’s Greenlight Capital Takes Penn Entertainment Stake
Shares of Penn Entertainment (NASDAQ: PENN) jumped 2.41% today on volume that was 55.7% above the daily average after David Einhorn disclosed that his Greenlight Capital took a “medium sized” stake in…
Donaco EBITDA up 66% quarter-on-quarter as Cambodia, Vietnam casinos shine
Southeast Asian casino investor Donaco International Ltd reported group-wide revenue of AU$12.7 million (US$8.3 million) in the three months to 31 March 2024, representing a 30.1% increase over the December quarter on…
Singapore Pools to commingle pools with UK Tote Group on British races
The Singapore Pools has signed an agreement with the UK Tote Group to commingle pools, combining the liquidity of Singapore Pools betting customers into the UK Tote’s pools on British racing meetings….
MGM’s Osaka IR secures US$3.4 billion in funding via loan agreement with banks
The joint venture entity developing Japan’s first integrated resort in Osaka has secured a loan agreement with a group of banks reported to be worth JPY530 billion (US$3.4 billion). According to the…
Malaysia considering second casino license for Johor’s Forest City development
Malaysia’s Prime Minister Anwar Ibrahim is said to have met with two of the country’s most prominent business leaders, including Genting Group’s Lim Kok Thay, to discuss the possibility of granting a…