TNM

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.

SkyCity reports “encouraging” business since reopening of three casinos following COVID-19 shutdown

SkyCity reports “encouraging” business since reopening of three casinos following COVID-19 shutdown

New Zealand-based casino operator SkyCity Entertainment Group has announced that its three local entertainment properties have been enjoying “encouraging” business since their reopening following lengthy corona virus pandemic-induced shutdown.

The Star Sydney Hotel & Casino signs new 20-year tax agreement with EGM exclusivity

The Star Sydney Hotel & Casino signs new 20-year tax agreement with EGM exclusivity

Australian gambling and entertainment giant “The Star Entertainment Group Ltd” has confirmed that it has signed a 20-year arrangement that will enable The Star Sydney Hotel & Casino to pay a flat 29 percent tax on all revenues from its mass-market gaming tables for the next twenty years.

Air New Zealand plans to shed 2,000 more jobs to deal with low demand

Air New Zealand plans to shed 2,000 more jobs to deal with low demand

Air New Zealand had earlier announced employee lay-offs and lower pay for those who would stay on job. However, the management has now shocked employees with the news of 2,000 more layoffs.

Macau Gambling King Stanley Ho passes away aged 98

Macau Gambling King Stanley Ho passes away aged 98

Stanley Ho, the godfather of Macau gambling who transformed the island from a remote place into the “Las Vegas of Asia,” passed away at age of 98.

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