Macau casino operator SJM Holdings loses $133m in Q3 as VIP gambling turnover falls 95.5% and hotel occupancy slumps to a mere 5.3%.
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GigaMedia preps social casino portfolio; TopLine Game Labs gets Cantor cash
Gigamedia preps social casino push in Asia; TopLine Game Labs gets $25m infusion from Cantor Ventures; more Zynga exec exits
Vietnam pushes ahead with UNESCO park casino; NagaWorld staff go Norma Rae
Vietnam presses ahead with plans to build casino in UNESCO-recognized park; workers at NagaCorp's NagaWorld casino in Phnom Penh strike.
Perform revenue jumps but stock slumps on margins warning
Sports data outfit Perform Group releases trading update showing revenue up over a third in H1, but stock slumps on margins warning.
888 blocks SharkScope tracking site in bid to protect recreational players
In the latest online poker industry move toward protecting recreational players, 888Poker has blocked data trackers SharkScope from site.
Acquisition-addicted Amaya Gaming to raise $40m+ via share placement
Amaya Gaming seeks $40m private share placement, spends $25m to acquire Diamond Game Enterprises; Ongame held only 31% of player funds in cash
Revolution kills Fair Play Technology, Lock selectively processes payouts
Revolution Gaming has reportedly killed off its Fair Play Technology player segregation system, selectively processes player payouts.
Jonathan Duhamel’s ex sentenced to 42 months for role in home invasion
Bianca Rojas-Latraverse, former girlfriend of 2010 WSOP champ Jonathan Duhamel, sentenced to 42 months for role in 2011 home invasion.
Vietnam proposes 10% tax on casino gambling winnings
Vietnam legislators propose a 10% tax on casino winnings over $475, but a top tax official warns that this will drive away foreign gamblers.
