In Germany, online sportsbetting provider mybet Holdings SE has announced that it has voluntarily entered ‘insolvency proceedings’ after earlier having its request for a temporary tax suspension denied by a court in Frankfurt. Unpaid tax bill: [...]
After lately rebranding two of his own Macau casinos to feature the word ‘dragon’, the billionaire businessman behind resort operator, Golden Dragon Group, has reportedly announced that his company is ‘thinking about’ bidding [...]
Among Macau’s richest businessmen, Chan Meng Kam, could be preparing to go into the procedure which is to select the former Portuguese enclave’s next set of accredited casino operators following rebranding a pair of his local properties to [...]
At New Jersey, the board of trustees for Stockton University has approved a deal that would see the public faculty purchase the 20-acre website that was home to The Atlantic Club Casino Hotel in hopes of transforming it into a city-center campus. Site [...]
The property at the time of the April announcement was owned equally by MGM Resorts International and also a Pritzker family limited partnership, RBG LP. The cash deal, subject to some customary working capital adjustment, will reportedly farther grow [...]
In South Korea, Lotte Tour Development Company Limited signed a deal that will see it pay some $38.82 million to purchase the Paradise Casino Jeju Lotte from local casino operator, Paradise Company Limited. Deal includes debt provision: According to [...]
After last week’s passage of the Integrated Resort Implementation Bill, three of the planet ’s biggest gambling operators have reportedly reaffirmed their interest in running one of Japan’s coming trio of integrated casino resorts. [...]
After last week’s ratification of legislation that is set to deliver up to three incorporated casino hotels to Japan, Genting Singapore Limited has reportedly declared the establishment of five new indirect wholly-owned subsidiaries from the Asian [...]
