05/13/21 Melco to reopen casinos in Cyprus at 30% capacity on May 17 Melco will reopen its casinos in Cyprus on May 17 at 30 per cent of their capacity. The capacity could be increased to 50 per cent from June 1.
04/23/21 Tigre de Cristal Phase II opening delayed until 2023 Tigre de Cristal Phase II was set to open in 2022 but Summit Ascent has postponed the target launch to 2023.
01/23/21 Russia’s central bank wages war on online gambling payments Banks and payment operators have been hit with sanctions for allowing transfers to online gaming sites and illegal bookies.
01/22/21 Summit Ascent to reach GGR of $1.23bn by 2024 According to Bank of America/Merrill Lynch, the Suncity-owned operator will increase GGR through its casinos in Manila and Russia.
01/20/21 World Poker Tour brand sold for US$78.25m The Chinese-owned gambling giant Allied Esports Entertainment has agreed to sell its World Poker Tour assets to Element Partners.
01/16/21 How is Covid-19 impacting on cruise lines’ stocks? Asian operators have begun “cruises to nowhere” from Singapore, Japan and China.
01/15/21 AGEM names new president and board David Lucchese replaces Luke Orchard as president of the board while another six officials were elected for a one-year term.
01/14/21 Summit Ascent seeks direct VIP model in Russia The gaming operator is said to be planning a more direct approach at Tigre de Cristal instead of relying on the controlling partner, Suncity Group.
01/08/21 Sheldon Adelson takes leave for cancer treatment Sands current president and COO Rob Goldstein will replace Adelson while he is on leave.
12/22/20 SA Euro launches two new games SA Gaming has announced that Dragon Tiger and Sic Bo have gone live at SA Euro after achieving major success in Asia.
12/16/20 Igaming operator exits Russia ahead of potential betting tax VulkanBet will stop operating in Russia and concentrate on markets with “loyal conditions.”
12/06/20 Konami and Aristocrat push AGEM Index Most Asian gaming equipment manufacturers saw their stock prices rise in November. The general index rose 27.5 points.
11/22/20 Russian legislators to vote on single gambling regulator A committee has approved a bill that will be presented to legislators before the end of the year.
11/18/20 Shambala casino to add poker club The casino believes there’s an opportunity in the number of Russian players in major poker tournaments around the world.
