03/23/22 India’s online gaming spend increased by 26% in 2021 According to a report from the Federation of Indian Chambers of Commerce & Industry and Ernst & Young, revenue from online gaming increased by 28 per cent.
03/23/22 Court rejects Bloomberry petition to dismiss GGAM complaint A US court has rejected a motion to dismiss a lawsuit brought by Global Gaming Asset Management against Enrique Razon, Bloomberry’s CEO.
03/23/22 Summit Ascent reports HK$230m loss but revenue up 22% for 2021 Summit Ascent Holdings has posted HK$265.5m ($33.9m) in revenue for 2021.
03/23/22 Tigre de Cristal Phase II delayed until at least 2025 Summit Ascent Holdings has said that the Tigre de Cristal Phase II development will be postponed until 2025 due to economic uncertainties and travel restrictions related to the Covid-19 pandemic.
03/22/22 Former IPI chairwoman requests court reduce sanctions Cui Li Jie’s is seeking to reduce sanctions imposed for failing to comply with a court order.
03/22/22 Macau Satellite casinos: three-year grace period could be extended The Legislative Assembly committee analysing the final draft of Macau’s gaming law amendment bill has hinted that satellite casinos could receive more than three years to resolve ownership issues.
03/22/22 DIA Audit: SkyCity Auckland failed to tackle gambling-related harm The New Zealand Department of Internal Affairs has found that SkyCity Casino repeatedly failed to tackle gambling-related harm at its Auckland venue.
03/22/22 R&F to sell land to boost funds for Midan City casino complex R&F Properties has confirmed it will sell some land earmarked for apartments in order to ramp up investment in the Incheon Free Economic Zone.
03/22/22 South Korean company to develop new casino resort in Russia’s Primorye The Primorsky Territory Development Corporation has revealed that Plgen Holdings has signed an agreement to build a casino resort in the Russian gambling zone.
03/21/22 Inquiry could lead Star Entertainment to make board changes, analysts say Analysts believe that Star Entertainment Group could implement changes to its board in the way Crown Resorts did following investigation.
03/21/22 IPI sued by Italian construction firm for breach of contract Modica Pro Limited is seeking US$2.6m in damages from Imperial Pacific International LLC for breach of construction contracts.
