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Levo Chan boosts stake in Macau Legend to over 33%

Levo Chan, CEO of junket promoting firm Tak Chun Group, has increased his stake in Macau Legend Development to 33.19 percent, consolidating his position as the leading shareholder, even as changes are made to the composition of the board.

UBS acquires 12.58% stake in Jumbo Interactive through share offering

Investment bank UBS has acquired a 12.58 percent stake in Jumbo Interactive as a result of its accord to underwrite a secondary share offering. 
National Pension Service stake in GKL falls below 10 percent

National Pension Service stake in GKL falls below 10 percent

South Korea’s National Pension Service has been reducing its stake in Grand Korea Leisure, a movement attributed to concerns that Covid-19 will exercise a...

Suncity Group to use fiscal reserves to cover shareholder losses

Casino and junket operator Suncity Group on Tuesday announced fiscal measures to “enhance shareholders’ confidence” in the group’s future prospects.  In a note sent to...

Genting SG gets shareholder nod for $10 billion Japan IR

Genting Singapore has received overwhelming approval from its shareholders to spend up to $10 billion for an IR bid in Japan.  The vote was taken...

Sands China declares HK$0.99 interim dividend

Hong Kong-listed Sands China has declared an interim dividend of HK$0.99 per share payable to shareholders of the company. According to a filing from the...

Empire Resorts shareholders approve acquisition from Genting

Shareholders of Empire Resorts have approved of its merger with Genting Malaysia, which will see Genting own 38.3 percent of the company. Earlier this month,...

SG takes legal action against HK headquartered shareholder

Scientific Games is taking legal action against one of its shareholders after it repeatedly refused to comply for requests for information and disclosure submissions...

Summit Ascent main shareholders mull share disposal

Summit Ascent Holdings, operators of Tigre De Cristal, has announced that its main shareholders, First Steamship Co Ltd, and Summit Ascent chairman Kuo Jen...

GPI-Angel merger gets green-light from shareholders

Stockholders of US-listed Gaming Partners International (GPI) have officially approved the company’s tie up with Japanese playing cards manufacturer Angel Holdings. The special meeting of...
Life After Pogos

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.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
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.
AGB Webinar Attracting Players, Not Fraudsters

Attracting players, not fraudsters

With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
asia gaming briefings Dec 20

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.
news, macau, gambling

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.
asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.