The coronavirus and its impact on Macau drag down casino revenue expectations to virtually zero.
Macau casinos could see a negative EBITDA (earnings before interest, taxes, depreciation and amortization) this quarter, as well as next quarter.
Macau’s gambling industry reports state that the GGR of the sector may decline this year, but remain solid investments for the long term.
Andrei Tyurin, who allegedly conducted a series of hacks against JPMorgan and other companies, was arrested in Georgia and extradited to the United States.
The already-burdened Kangwon Land will face additional pressure from the government's Gambling Industry Reform Plan.
Brokerage JP Morgan Securities is apparently less optimistic on Macau unlike its regional peers in the financial industry.
Murgio, operator of defunct Coin.mx, has ended his involvement in the probe of the massive JPMorgan Chase hack by pleading guilty to charges of conspiracy,
Owners of German sports betting firm Tipico are eyeing potential buyers—Amaya in particular—for the company.
Last week’s Ladbrokes September Trading Update held a warning that we’ve become accustomed to hearing from the Harrow-based bookmaker.
In gambling news, Vince Martin shares his thoughts on Scientific Games buying out WMS Industries, and the benefits and risks of the deal.