Thursday, June 24, 2021

Zitro introduces Dragon Lamp to Philippines

Zitro has introduced its Dragon Lamp video bingo product to the Philippines. Zitro said the success of Dragon Lamp began in Mexico and Spain and is gradually spreading to other countries around the world.
IGT Logo

IGT Q1 revenue rises 25%, fuelled by lottery

International Game Technology said it had among the best quarterly results in its history in the three months to end March, fuelled mainly by growth in global lottery.

AGTech Q1 revenue rose 51.3%

AGTech Holdings said Q1 revenue jumped 51.3 percent as its lottery business in China recovered from the Covid pandemic.

AGTech 2020 revenue falls 7.7%, games outperform

AGTech Holdings said its 2020 revenue dropped 7.7 percent, mainly due to a fall in the sales of lottery hardware, games and systems. However, its loss narrowed and its games and entertainment business performed strongly.

China LotSynergy seeks as much as HK$220.7m through share sale

China Ecotourism Group, formerly known as China LotSynergy is seeking to raise as much as HK$220.7 million through an offer of shares to existing investors to raise capital for the group, whose lottery business has been hit hard by the Covid crisis.

500 .com completes acquisition of Loto Interactive

500.com, which has been transforming from a Chinese online lottery company into a cryptocurrency mining enterprise, says it has completed the acquisition of a stake in Loto Interactive for HK$105 million ($13.5 million).
tabcorp

Tabcorp halts CEO search, announces strategic review

Tabcorp says it’s taking time to carry out a strategic review of its businesses to extract more value for shareholders after receiving unsolicited bids for its wagering and media business, which it says were too low.

Tabcorp rejects offers for media business as too low

Tabcorp Holdings said it views the unsolicited approaches for its wagering and media business are too low. The proposals, including an offer from the U.K.'s Entain, were for $3 billion.

AGTech 2020 revenue down 7.7% but loss narrows

AGTech Holdings said its operating loss narrowed by 32.7 percent in 2020, even though revenue dropped by about 7.7 percent to HK$161.6 million. 

500 .com moving headquarters from Shenzhen to Singapore

500 .com, the troubled sports lottery company that is transforming into a bitcoin firm, announced its decision to relocate its headquarters from Shenzhen to Singapore.

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Jeju Shinhwa World

Landing to raise $17.9 million for Jeju IR upgrades

Hong Kong-listed Landing International is looking to raise HK$138.8 million (US$17.9 million) through the issuance of new shares in order to upgrade facilities at Jeju Shinhwa World.
resorts world las vegas

Resorts World Las Vegas opens Thurs, fake reviews removed

Resorts World Las Vegas, which will become the first from the ground up resort to open in Las Vegas in more than a decade on Thursday, found itself the subject of 144 fake Google reviews. 
The 13 Hotel

South Shore unit that owns The 13 applies for liquidation

South Shore Holdings said the Macau unit that owns indebted luxury hotel, The 13, has applied for voluntary liquidation. 

AAEC’s initial Macau bid went beyond tender scope, court hears

The initial bid for a Macau casino license submitted by Las Vegas Sands' former partner contained a proposal for a bank and went beyond what was desired in the tender, a witness told a court on Wednesday.