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Regulator dubious about IPI security deposit claims
Commonwealth Casino Commission Chair Edward Deleon Guerrero is skeptical about Imperial Pacific International’s claim that an investor that has put up US$5.59 million as a security deposit on behalf of the firm at a time when the mother company in Hong Kong is unwilling to do likewise.
Grand World Phu Quoc offers preview to 700 potential investors
About 700 potential investors were invited to Grand World Phu Quoc to get a preview of its entertainment offerings in advance of the facility’s grand opening, expected to create Vietnam’s “first sleepless city.”
Paradise Co. facing investor disinterest in bond issue
Paradise Co. is reportedly having great difficulty finding institutional investors interested in purchasing its bonds, as concerns are growing about the firm’s prospects in the wake of a Covid-19 downturn that may starve its foreigner-only casinos for quite some time.
New casino investor in Altai gambling zone
A new investor in Russia’s Altai Territory intends to go ahead with plans to construct a RUB3.5 billion casino, to open by 2024, according...
Kaliningrad parcels out land for casino investors
Authorities in Russia’s westernmost enclave, Kaliningrad are parceling out land in the Yantarnaya gambling zone to allow for more investment, according to a state...
Genting rejects Empire investor’s allegations
Genting Malaysia says a lawsuit filed by an investor against Empire Resorts is without merit.
Dream 11 continues to attract investors
South African internet conglomerate Naspers is looking to buy a $100 million stake in online fantasy start-up Dream 11, local media reports.
Following bumper earnings...
Fantasy cricket start-up receives $4 mln in funding
Delhi-based online fantasy gaming platform BalleBaazi has successfully raised $4 million in Series A funding round from two private equity funds based out of...
Primorye seeks to terminate agreement with investor
The Primorye Development Corporation has filed an appeal to terminate an agreement with Prim Golden Gate LLC, owner of an investment project in the...
Wynn Resorts’ Crystal Pavilion to begin construction in late 2021
Construction for Wynn Resorts’ Phase 1 South Parcel Pavilion and 650 room hotel tower is expected to commence in late 2021, with costs estimated...