Asian casino operator Summit Ascent Holdings Limited has reportedly extended the maturity date on a $122.5 million loan it agreed with Filipino associate SunTrust Home Developers Incorporated in February. According to a report from Inside Asian Gaming, both entities are subordinates of Hong Kong-headquartered developer Suncity Group Holdings Limited, which has been endeavoring to construct
Month: September 2021
Premium online slots and table games maker Habanero has further increased its Spanish exposure following a recently formed partnership with leading local online casino operator Codere. As part of a newly signed content supply deal, Habanero will provide its partner with access to its hugely popular games catalog. Spain is the third market the studio
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Gambling DraftKings makes $20bn offer for Ladbrokes and Coral owner Entain Shares in FTSE 100 gambling company rise by almost a fifth after approach from US rival Mark Sweney @marksweney Tue 21 Sep 2021 17.53 BST Last modified on Tue 21 Sep 2021 18.18 BST Entain, the gambling company behind Ladbrokes and Coral, has received
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For the second time this year and global brokerage and investments firm Morgan Stanley has reportedly cast doubts on the near-future profitability of the Macau casino industry owing to the lingering impacts of the coronavirus pandemic. According to a report from Inside Asian Gaming, the New York-headquartered financial services giant has lowered its combined earnings
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It may not be the largest market, but Ohio gambling revenue has joined the record breaking party, as over over $194 million was generated from gaming in the state in August. This was the third consecutive month for revenue records, as Monthly July generated over $211 million, while June was just short of $197 million.
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T he sportsbook and casino platform providerDigitain announced Friday that it has won “Best Land-Based Industry Supplier” at the Ukrainian Gaming Week Awards, which took place last week in Kiev. The UGW Awards recognizes the betting and gaming companies operating in the region that have shown substantial growth during the past year. Lilit Azatyan, Digitain's