Analysts with Sanford C. Bernstein believe that Macau will, at some point, turn to China’s digital yuan as its primary currency.
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PointsBet launches IPO in hopes of expansion
PointsBet has an agreement to launch on online sportsbook for Tioga Downs in New York as soon as the state approves the activity.
Carl Icahn, Caesars in dispute over sale of the company
Major Caesars Entertainment shareholder Carl Icahn wants to sell the casino company and the Board of Directors has loosely agreed to the possibility.
Analysts expect Macau’s June GGR to be weaker than previously forecast
The brokerage’s analysts predict that GGR will drop this month from what was previously forecast and has lowered its prediction to between 1-3% for year-on-year growth.
Gaming supplier Jade Entertainment increases Asian footprint
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India’s Gamepind gaming site to change its name, seek backing
Gamepind, backed by Paytm and Alibaba Group, has changed their name to FirstGames in an effort to be more appealing to consumers.
GTA Online to offer a real-money casino
Rockstar Games has announced that a virtual casino planned for Grand Theft Auto, after a five-year wait, will soon offer a real casino.
MGM Springfield not as hot as the company expected
MGM Springfield's GGR is substantially lower than predicted, with the venue’s casino operations having only generated about half of what was anticipated.
Greece to delay choosing a casino operator for Hellinikon project
Greece’s Prime Minister, Alexis Tsipras, just ordered a snap election that will most likely delay the bidding process on the Hellinikon project.
