Monday, December 11, 2017
The central bank of China has halted all Initial Coin Offering (ICO) campaigns, labeling them as illegal forms of fundraising, according to a Bloomberg report. The ban was announced on Monday via a joint statement from the People’s Bank of...
Silver Heritage Group Ltd announced Monday that they had secured another $5 million for Nepal subsidiary, Tiger One Pvt Ltd, bringing the company’s Tiger Palace Resort Bhairahawa another step closer to opening after multiple construction delays. In a Monday filing...
In China, the government reportedly instituted new regulations late last week that have been designed to stop the flow of money abroad by limiting outbound investment in a number of sectors including the gambling industry. According to a report from...
Lawrence Ho’s Tigre de Cristal casino and hotel located near Vladivostok, Russia has seen VIP revenues increase 20% while mass gaming fell January through June compared to the same period a year ago. Summit Ascent Holdings Ltd reported revenue of...
Australian casino operator The Star Entertainment Group Limited has released its consolidated financial results for the year to the end of June showing that its annual net profit had improved by 36% year-on-year to hit $208.8 million. Sydney-listed The Star...
Despite announcing in February that its half-year gross revenues had slipped by over 14% year-on-year to stand at $45.34 million, Asian casino operator Donaco International Limited has now reportedly managed to renegotiate the terms of a loan it earlier...
Lotte Tour Development Co., promoters of the upcoming Jeju Dream Tower Casino Resort on Jeju Island (pictured above) in South Korea, have raised 40 billion Wons (US $35.4 million) towards the project by issuing convertible bonds through a third...
Asian casino giant Genting Malaysia has blamed unfavorable foreign exchange transactions along with higher operating costs after its net profit for the three months to the end of June fell by 59.4% year-on-year to approximately $45.2 million. The operator behind...
The Association of Gaming Equipment Manufacturers (AGEM) has released its latest monthly report into the stock performance of major listed casino equipment suppliers reportedly showing that those involved achieved a 50.7% year-on-year improvement for August to 145.26 points. According to...
In Chile, global private equity firm Advent International Corporation has announced that it has signed an agreement to spend up to $170 million in order to acquire a “significant” stake in local casino and hotel operator Enjoy SA. Advent International...

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