Light & Wonder Inc., one of the most popular casino gaming content and hardware providers, has decided to bolster its gaming and create content for players to use on all of the company’s platforms and casinos. Incredible content and impressive slots: Various game development studios are gathering to produce content, which is available on the…
Month: April 2024
Pagcor bans new maritime operators after latest misconduct warning
Following the recent temporary revocation of Clark Freeport Zone’s offshore gaming hub by the Philippine gaming regulator, the Clark Development Corporation (CDC) has decided to stop accepting new applications from offshore gaming operators eager to operate in the zone. According to Inside Asian Gaming Reports, the decision appears to have been triggered by the involvement…
Lotte Tour Refins US$540 Million Loan to Dream Tower
Lotte Tourism Development Co., which runs the Jeju Dream Tower resort, which has a foreigner-only casino on the island, said Friday it has refinanced about 700 billion won in loans. According to a document submitted to the Korea Exchange on the same day, the event is “an extension of the maturity of funds raised for…
South Korea’s key source for Vietnamese tourists Jan-Nov
South Korea was the single largest source of entry for Vietnamese tourists from January to November this year, Vietnamese government news outlet VGP reported, citing the country’s National Tourism Agency. Vietnam received a total of 3.22 million South Korean visitors in the first 11 months of this year, nearly 29% of the country’s total 11.23…
Macau Jockey Club, which is expected to host the final this Saturday
Recently, reports emerged that the fate of horse racing in Macau could be in danger with signs that “the Macau Jockey Club (MJC) will soon lose its right to race in the SAR.” However, nothing is certain yet. Autographs do not promise anything good: There are signs that fate will do nothing for Macau’s horse…
PAGCOR pushes for privatization by 2025 to split regulatory and operator roles
As CNN reported, the Philippine Playgame Company (PAGCOR) is working on an effort to privatize 45 of its casinos by the third quarter of 2025. As the regulator’s chairman announced in a national budget deliberation in the House of Representatives on Aug. 14, the regulator is reportedly planning to add value to more than 3,000…
GPI Kicks Off Year with Successful Showing at ICE
The most exciting news from GPI during the show was the announcement of global licensing and development agreements with Brainchip and Shivi to develop advanced automation table solutions (ATS). ATS combines GPI’s proprietary smart RFID and CIS with Brainchip’s accelerated solutions for artificial intelligence (AI) applications with Shivi’s immersive data analysis and automation for intelligent…
Sun International takes action to close loss-making operations and improve operating performance
Sun International reported year-end earnings, reporting revenue growth of 12 percent and EBITDA growth of 13 percent. The revenue growth was attributed to the inclusion of earnings from Sun Dreams (from June 1, 2016), Sun Slots (from April 1, 2016), and Time Square (from April 1, 2017). South Africa’s intensive cost controls and increased efficiency…