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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.

BetConstruct obtains license to offer Sportsbook and Casino products in Swedish market

BetConstruct obtains license to offer Sportsbook and Casino products in Swedish market

Online gambling software supplier BetConstruct has confirmed that the Swedish Gambling Authority has granted it the license to offer its sportsbook as well as casino products in the regulated gaming and betting market of Sweden.

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