Gaming regulators in no mood to allow Imperial Pacific to walk away from financial obligations

Gaming regulators in no mood to allow Imperial Pacific to walk away from financial obligations

Imperial Pacific International Holdings Limited has repeatedly proclaimed that it is not in a position to fulfill its financial obligations, but the gaming regulators for the Commonwealth of Northern Mariana Islands (CNMI) are in no mood to allow the Chinese investment holding company to walk awa

PAGCor suffers first-half deficit of $32.5 million due to corona virus-related closures

PAGCor suffers first-half deficit of $32.5 million due to corona virus-related closures

Reeling under the brunt of corona virus-related lengthy closure of its gaming facilities, the Philippine Amusement & Gaming Corporation (PAGCor) has reported a net deficit of nearly $32.5 million for the first half of this year.

Cambodian casino operator NagaCorp all set to partially reopen flagship Phnom Penh gaming venue

Cambodian casino operator NagaCorp all set to partially reopen flagship Phnom Penh gaming venue

NagaCorp, the largest casino operator in Cambodia, has announced its plans to partially reopen its Phnom Penh-based flagship gaming venue NagaWorld this Wednesday (July 8th) following months-long corona virus pandemic-led shutdown.

Bridge Investment ordered to stop work on Tinian Casino project due to lack of permits

Bridge Investment ordered to stop work on Tinian Casino project due to lack of permits

The Commonwealth Ports Authority (CPA) and the Bureau of Environmental & Coastal Quality (BECQ) has ordered Bridge Investment Group (BIG) to immediately stop work on its Tinian casino project as the project has failed to secure the proper permits from local authorities.

Philippines government warns public not to patronize illegal online gambling operations

Philippines government warns public not to patronize illegal online gambling operations

Reminding its citizens that gambling on the internet is against the law, the Philippines government has warned that any kind of involvement in illegal online gambling operations would attract prosecution.

Eldorado Resorts’ capital raising plans could be catalyst to finalize $17.3bn Caesars deal

Eldorado Resorts’ capital raising plans could be catalyst to finalize $17.3bn Caesars deal

NASDAQ-listed casino operator Eldorado Resorts’ recently announced plans to raise funds could be a catalyst to finalize its proposed $17.3 billion deal to takeover Caesars Entertainment Corporation, Wolfe Research analyst Jared Shojaian said.

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News in Focus

Mercedes-Benz’s upcoming EQ electric cars to allow users to choose the sound they want to vehicle to make

Most electric vehicles (EVs) sound like nothing, but that is going to change in the future as luxury car maker Mercedes-Benz is working on a plan to offer the option to the buyers of its future EVs

Mohegan Gaming-led consortium reportedly files bid for license to build & operate Athens casino

Native American tribal casino operator Mohegan Gaming & Entertainment (MGE) is reportedly leading a consortium in making a multi-million bid for a license to build and operate a luxury casino r

Eyas Gaming Ltd eager to enter Germany’s regulated online gaming space

Eyas Gaming Ltd, a new online gaming brand founded by gaming veterans Bede Gaming chairman Joseph Saumarez-Smith and Rank Group director Adam Joseph, is hopeful that the regulation of the German ga

New Zealand’s SkyCity Auckland to eliminate COVID-19 safety measures

Pointing to signs of improvement in COVID-19 situation, New Zealand’s SkyCity Auckland integrated resort (IR) casino has proclaimed that it is all set to do away with strict regulations that were i

Crown Resorts execs were either ignorant of VIP gambling compliance responsibilities or were just careless: Report

Crown Resorts’ senior executives made embarrassing revelations in front of a panel of the New South Wales Independent Liquor & Gaming Authority (ILGA) earlier this week, while demonstrating tha

Casino billionaire James Packer acknowledges sending threatening emails to Mr. X

Australian casino billionaire James Packer has admitted that he had sent threatening emails to an unnamed business executive in 2015, but he claimed that he did all that under the influence of “str

Australia’s Star Gold Coast Casino sues Singaporean high-roller over $30M debt

Queensland, Australia-based Star Gold Coast casino resort has confirmed that it has filed a lawsuit against a Singaporean gambler who allegedly fled back to his native country without clearing his