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Crown ripe for LVS purchase: Bernstein
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.
Pansy Ho sells off part of her stock in MGM Resorts
Pansy Ho, co-chair and executive director of MGM China, has sold one million shares, or more than 10 percent, of her stock in MGM Resorts International.
Suncity Group disposes of Shenzhen non-gaming properties
Suncity Group has revealed that it has sold off some non-gaming properties that it owned in Shenzhen, notably Hong Long Plaza, a commercial and residential complex, and Le Paysage, a property development project.
Genting completes sale of 50% of Macau project
Genting Hong Kong said it has completed the sale of a 50 percent interest in an integrated resort project in Macau, which it now expects to be completed in 2022 after Covid-19 delays to construction.
Sportech board agrees to sale of assets to Betmakers
BetMakers Technology Group has reported that the board of directors of Sportech PLC has agreed to the proposed sale of racing and digital assets to their company, and is recommending the move to shareholders.
MGM property sales to assist in Japan IR efforts
U.S. casino operator MGM Resorts International says that the $2.5 billion sale of MGM Grand Hotel will be used to secure capital, in order to...
Pansy Ho continues share sell-down in MGM Resorts
MGM China co-chair and executive director Pansy Ho has continued her sell-down of shares in U.S-based MGM Resorts, having sold 2.45 million shares since...
Ainsworth FY19 revenue weighed by non-NA revenues
Gaming equipment supplier Ainsworth saw its sales revenue drop 12 percent in FY19, with both international and domestic revenues down in the year.
The company...
PAGCOR puts up land for sale, gaming not included
The Philippine Amusement and Gaming Corp. (PAGCOR) is planning to sell three lots of land in Laguna, Dasmarinas City, and Parañaque City, but said...
Pansy Ho reduces stake in MGM Resorts
MGM China co-chairperson Pansy Ho has reduced her stake in the company’s U.S. parent, MGM Resorts international, bringing her stake in the company to...
All set for the FBM slots expansion campaign in Asia
FBM has been developing its slots offer over the last three years, with operations established in Europe and North America. The company is now accelerating its slots expansion campaign in Asia
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
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.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
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.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
Asia Gaming Briefings – Nov 2020 Edition
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.