Business & M&A

Sands China appoints ex-Cisco executive Hera Siu as independent non-executive director, effective September 23rd, succeeding Steven Strasser. The post Sands China appoints Hera Siu as independent non-executive director first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Former junket investor Rich Goldman to receive $3.7M Macau property via court order after 2023 default on a $4.5M loan from 2020. The post Rich Goldman unit to receive $3.7M Macau property after loan default first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

The average nightly rate for Macau’s five-star hotels in August was MOP1,477.6 (US$182.9), down 6.6 percent year-on-year. That is according to the latest information from the Macau Hotel Association, published by Macao Government Tourism Office (MGTO). Average occupancy rate for the five-star hotel…

Eight emerging filmmakers have each been awarded HKD300,000 (US$38,248) in production funding through the International Film Camp (IFC) 2026, a programme sponsored by Macau casino operator Sands China Ltd. The recipients were selected from 16 participants following five days of training and mentori…

PH Resorts targets positive equity within two years, but says its restructuring would leave the listed company temporarily without active operations. The post PH Resorts targets positive equity within two years, foresees period without operations first appeared on Asia Gaming News | AGB - Asia Gami…

Bulgaria’s prime minister has announced plans to tighten regulation of gambling in the country amid harm-related concerns. Among other things, the government is now pushing for a blanket ban on ads, tax hikes, and other restrictions. Gambling Ads Could Soon Be a Thing of the Past PM Rumen Radev jus…

MGM Resorts International, the United States-based parent of Macau casino concessionaire MGM China Holdings Ltd, says it will continue as a “standalone company” after conglomerate People Inc withdrew its proposal to acquire all public shares of MGM Resorts it didn’t already own, and take the casino…

Clark County has earmarked $10 million to help Insomniac, the promoter behind the annual Electric Daisy Carnival (EDC), renovate the former Sahara Event Center just east of the Las Vegas Strip. According to the Las Vegas Review-Journal, Clark County’s Redevelopment Agency set aside the funds toward…

People Inc. withdrew its MGM Resorts takeover bid after months of talks, while keeping a roughly 27% stake and interest in future deals. The post MGM Resorts to remain standalone as People Inc. withdraws takeover bid first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Shares of MGM Resorts International (NYSE: MGM) plunged in after-hours trading Wednesday after Barry Diller’s People Inc. (NASDAQ: PPLI) yanked the $18 billion go-private acquisition offer it floated on June 1. The news, originally reported by The Wall Street Journal, arrives as Diller and other MG…

The federal government may issue a provisional measure (MP) as early as this Wednesday (23) to restrict the betting sector, according to a report by Veja. At the Planalto, however, […] O post Provisional Measure on betting: Lula may decide the sector’s future in the coming hours apareceu primeiro e…

As iGaming suppliers face growing pressure to deliver a steady flow of new titles, Evoplay is placing greater emphasis on relevance, retention, deeper operator collaboration, and the ecosystem built around its games. The company is also expanding its approach across promotional technology, loyalty,…

Brazilian President Luiz Inácio Lula da Silva has intensified his criticism of the betting industry as his government prepares a provisional measure expected to restrict gambling advertising and potentially prohibit online casinos. Speaking at the 81st United Nations General Assembly in New York on…

Sportsbook suppliers are under growing pressure to help operators navigate tighter regulation, higher acquisition costs and increasingly competitive markets while maintaining scalable, locally relevant products. Ahead of SBC Summit Lisbon, Yogonet spoke with Diego Salas, Sales Director at Altenar,…

A potential ban on online casinos in Brazil could hand control of billions in revenue directly to the illegal betting market. Recent simulations by the National Association of Games and […] O post ANJL tracks the growth of the illegal betting market and issues a warning to the federal government ap…

Shareholders have officially approved the Caesars Fertitta Buyout proposal during a special meeting held at the Eldorado Resort Casino in Reno. The decision marks a major milestone for Fertitta Entertainment as it moves forward with its plan to acquire the casino giant. According to documentation f…

iGaming content provider Galaxsys will showcase its latest games and upcoming releases at SBC Summit 2026 in Lisbon from 29 September to 1 October. The games studio will exhibit at Stand C219, where it will also hold a raffle offering visitors the chance to win a PlayStation 5 or iPhone 18 Pro Max.…

It’s official. Caesars Entertainment (NASDAQ: CZR) and Tilman Fertitta’s Fertitta Entertainment Inc. (FEI) are heading to the altar in a $17.6 billion takeover approved by the former’s shareholders. On Tuesday, Caesars conducted a special meeting at which shareholders voted on Fertitta’s acquisitio…