Tuesday, June 22, 2021
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mergers and acquisitions

Crown Melbourne

What are the ups and downs for a Crown/Star marriage?

A combined entity consisting of The Star Entertainment Group and Crown Resorts would create a behemoth gaming enterprise not just in Australia, but in the wider Asia gaming market, though market observers have flagged a number of regulatory hurdles that could hinder it from ever becoming a reality.

Betmakers trumps offers for Tabcorp media assets

Australia’s Betmakers has trumped two other offers for Tabcorp’s wagering and media business with an A$4 billion ($3 billion) bid, which it claims will be transformational for both parties.

Betmakers offers to buy Tabcorp for A$4 billion

Betmakers Technology has offered to buy the wagering and media assets of Australia's Tabcorp for A$4 billion, topping a $3.5 billion offer by Entain.
The Star Entertainment

Does the Crown/Star merger pass the Drucker test?

Peter Drucker was arguably the most influential management scientist who ever lived. In 1981-82, Drucker articulated his Six Rules of Mergers and Acquisitions. We shall look at each of these six rules and evaluate the proposed Crown-Star merger according to these rules.

Entain offer for Tabcorp assets still too low, demerger likely: J.P. Morgan

The U.K.'s Entain Group has upped its offer for Tabcorp's wagering & media unit by $0.5 billion to $3.5 billion, which analysts at J.P. Morgan estimate is still too low.

Lasseters sells Australia’s Alice Springs casino

Lasseters International Holdings said it has sold its property in Alice Springs, Australia to Iris Capital after 24 years of ownership for A$105 million.
crown melbourne

Blackstone sees probity nod for Crown by Q3

U.S. private equity firm Blackstone has provided more details on its bid for Australian operator Crown Resorts, saying it expects to clear the country’s notoriously tough probity checks by the third quarter of this year.
Evolution to buy Australia's Big Time for EUR450m

Evolution to buy Australia’s Big Time for EUR450m

Evolution Gaming Group said it agreed to buy Australian online slot company Big Time Gaming for EUR450 million ($535 million) in cash and stock.
Cotai strip, Macau

Macau’s U.S. operators still credit solid despite Covid

Moody’s Investors Service has completed a periodic review of Macau’s three U.S. operators, commenting that liquidity is relatively good and their long-term prospects are credit solid despite the hit from Covid.
james-packer, crown resorts

Packer hires adviser on Crown sale

Australian billionaire James Packer has made a small but potentially significant move in the takeover play for Crown Resorts saying he is open to offers for his 37 percent stake in the operator.
AGE at ICC Sydney, 2021

Australasian Gaming Expo (AGE) 2021

The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.

Regulating the Game 2021

Esports BAR Cannes

AGBriefings, June, 2021, Resorts World Las Vegas

Asia Gaming Briefings – June 2021 Edition

For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
Asia Gaming Briefings, april 2021

Asia Gaming Briefings – April 2021 Edition

In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Agbriefings February 21

Asia Gaming Briefings – Feb 2021 Edition

The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.