Hong Kong-listed R&F Properties is seeking new financing and a casino operator partner for the Midan City development in Incheon, attempting to recover from Caesars Entertainment’s abandonment of the partnership.
Vinpearl Co. has proposed the creation of a US$2.2 billion integrated resort on Hon Trey island in central Vietnam by combining seven existing projects. The IR would have 200 gaming tables and 2000 electronic gaming machines and be operational by 2024.
The sale of Las Vegas Sands’ Vegas properties for $6.25 billion could be an opportunity for Sands to put their boots down in Australia through a purchase of Crown Resorts, according to Bernstein analyst Vitaly Umansky.
Special loans to local tourism-related businesses have been spiralling upward since the outbreak of the Covid pandemic. These loans are provided through the Jeju Tourism Promotion Fund, which itself is facing a cash crunch as its funding comes largely from the island’s struggling casinos.
China sports lottery company 500.com has continued its transformation into the bitcoin space with the all-stock acquisition of bitcoin mining company BTC.com and investors appear to approve.
The pro-native American stance of incoming U.S. President Joe Biden may be positive for Genting Malaysia's investment in a Mashpee Wampanoag casino project, Maybank wrote in a research note.
Investment in India's online gaming sector gained 78 percent to $173 million in calendar year 2020, according to Tracxn Technologies.
The Primorye Development Corporation is interested in attracting investors who can enter the region with interesting projects. The main objective is to create an attractive infrastructure for tourism and recreation that can complement the existing gambling operations.
PUBG is returning to India, just two months after having been banned, saying it will launch a new game specifically for the market and will invest $100 million in the country.
Summit Ascent Holdings has reiterated that it is preparing an additional US$200 million in investment funds for the Tigre de Cristal second phase development.