Donaco International said it will spin off its mobile technology business into a separately listed company on the Australian Stock Exchange. Shares in the new company, which trades under the name of iSentric, will be distributed to existing shareholders. Donaco said the spinoff will allow it to focus on its core leisure and gaming business.
Singapore’s two integrated resorts will cast a longer reflection on the island state but new shadows cloud the horizon across the southern shoreline.
One of the key shareholders in the joint venture that runs Macau’s Studio City has filed for bankruptcy, although the move is unlikely to prompt majority investor, Melco Resorts & Entertainment, to launch a buyout of minorities, analysts at Bernstein Research said.
Australian gaming machine manufacturer Ainsworth Game Technology Ltd said it expects lower than expected results in 19H1, due to intense competitive market pressures and...
Universal Entertainment Corp’s flagship integrated resort business, Okada Manila, reported a narrowed operating loss of JPY6.2 billion (US$55.5 million) in 2018, helped by higher...