IPI’s Saipan casino has given the company more than one headache and the company had to sell about 9.79% of its shares to fund its costs.
Category: Uncategorized
Malaysia to pass new online gaming legislation
The government wants Malaysia to have better online gaming legislation and is soon to amend the country’s laws on the gambling industry to include the segment.
Delta Corp casinos post 2.6 pct profit increase
During the second quarter of 2019, Delta Corp casinos posted a slight increase in profit, which shot up 2.6% year-on-year to €5.5 million.
Acquisitions keep Melco Resorts share rating neutral
Morgan Stanley announced Melco Resorts share rating is still set at “overweight” after the company’s acquisitions in Cyprus and Australia.
Apple requirements endanger mobile gaming operators
Mobile gaming operators claim their business may have been endangered by Apple’s new regulations that demand apps to be developed for iOS specifically.
Cejuego calls for gambling advertising regulations
Cejuego doesn’t support the total ban on gambling advertising in Spain but called for the enforcement of new regulations.
Diamond Fortune pushes for Primorye casino
As the area continues to grow, Diamond Fortune presented a proposal for a Primorye casino, which is scheduled to open as soon as next year.
Pine Bluff casino to start operations soon
The casino located in Pine Bluff, Arkansas, will likely start some operations in the next five months.
Two iGaming fines stand in the Netherlands
A court in the Netherlands has rejected an appeal over two iGaming fines worth nearly €400k for two companies that had broken Dutch gambling laws.
Kentucky Supreme Court to decide on instant racing machines
Historical horse racing (also known as instant racing machines) in Kentucky has reached the state’s Supreme Court, which will determine their legality.
Online gambling grows in Italy
The online gambling segment in Italy posted an increase in most verticals in business during May, except for the poker market.
West Australia’s TAB grows amid potential sale
Recent gambling results in West Australia has the TAB turning into a much more attractive business acquisition.