Monday, August 20, 2018

South Korea’s Kangwon Land posts worst quarter in 5 years

In a Wednesday filing with the Korea Exchange, Kangwon Land posted second quarter 2017 profits of KRW110.4 billion (US$96.9 million), down 10.7 percent from...

China bans domestic investment in overseas gambling ventures

In China, the government reportedly instituted new regulations late last week that have been designed to stop the flow of money abroad by limiting...

Tigre de Cristal casino posts interim numbers for 2017

Lawrence Ho’s Tigre de Cristal casino and hotel located near Vladivostok, Russia has seen VIP revenues increase 20% while mass gaming fell January through...

Ladbrokes Coral Group commits to greyhound racing levy

In the United Kingdom, sportsbetting giant Ladbrokes Coral Group has announced that it intends to begin paying a voluntary levy on all of its...

Silver Heritage Group increases funding for Nepal casino resort

Silver Heritage Group Ltd announced Monday that they had secured another $5 million for Nepal subsidiary, Tiger One Pvt Ltd, bringing the company’s Tiger...

Tigre De Cristal being hurt by lack of weekend room capacity

In Russia, a lack of available rooms at weekends is reportedly harming business at Tigre De Cristal although the anticipated opening later in the...

Acquisition helps Cherry AB improve half-year financial results

After completing its acquisition of Malta-based rival ComeOn Malta Limited in May, Swedish online casino operator Cherry AB has now released its financial results...

Blockchain & Bitcoin Conference comes to Stockholm

As part of a series of conferences held throughout Europe, event organizer, Smile-Expo is presenting Blockchain & Bitcoin Conference Stockholm 2017 for the first...

Travellers seeking to offset RWM losses with insurance claims

Travellers International Hotel Group Inc. is seeking insurance compensation for financial losses suffered when the company’s Resorts World Manila casino shut down following a...

NagaCorp Limited records improved half-year results

Asian casino operator NagaCorp Limited has released its unaudited financial results for the first six months of 2017 reportedly showing that it experienced a...
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