Tabcorp launches AU$600 million entitlement offer after falling to AU$870 million loss in FY20

Tasmania becomes sixth Australian state to introduce point of consumption tax on wagering revenues

Australian racing and wagering giant Tabcorp has announced an AU$600 million (US$431 million) entitlement offer aimed at paying off bank...

Wynn Macau announces additional notes offering, further reduces daily operating costs

by Ben Blaschke

Wed 19 Aug 2020 at 06:09

Wynn Macau Ltd has announced plans to conduct an additional notes offering to institutional investors, its second in as many...

Alvin Chau transfers US$500 million in Suncity Group loans to perpetual securities, commits another US$775 million

by Ben Blaschke

Wed 19 Aug 2020 at 04:47

The Chairman of Hong Kong-listed Suncity Group Holdings, Alvin Chau, has exchanged existing shareholder loans worth HK$3.88 billion (US$500 million)...

Imperial Pacific to “vigorously defend” exclusive gaming rights on Saipan

by Ben Blaschke

Tue 18 Aug 2020 at 18:08

Imperial Pacific International (CNMI) LLC has promised to “vigorously defend” its exclusive Saipan casino license in the wake of reports...

Manila restrictions ease as Duterte implements General Community Quarantine for National Capital Region

by Ben Blaschke

Tue 18 Aug 2020 at 05:51

Philippines President Rodrigo Duterte confirmed last night that restrictions in the National Capital Region, which includes Metro Manila, as well...

Ben Blaschke