Chinese government’s travel directive may render Australia’s Barangaroo project ‘White Elephant’

The Chinese government’s newly announced directive that urges its citizens not to travel to Australia threatens to render the under construction $2.2 billion casino complex project on Sydney harbor a “White Elephant”, industry experts warned.

LINQ Hotel & Casino’s gambling floor and certain other amenities to reopen on June 12th

Gambling floor and certain other amenities at The LINQ Hotel & Casino will once again be available to the public starting coming Friday, June 12th, American gambling and entertainment giant Caesars Entertainment Corporation confirmed.

Luxor Hotel & Casino and Shoppes to reopen on June 25th, Aria to follow suit on July 1st

MGM Resorts International’s Luxor Hotel & Casino and The Shoppes at Mandalay Bay Place will be reopened to the members of the public later this month, the entertainment giant announced after experiencing strong opening weekend in Las Vegas.

Indiana regulators to discuss Eldorado Resorts-Caesars Entertainment deal in July

Eldorado Resorts’ $17.3 billion proposed acquisition of Caesars Entertainment will be discussed by Indiana gaming regulators in July, putting an end to repeated delays forced by the COVID-19 pandemic in dealing with the massive transaction.

Private Equity Majors Closely Watching Companies in Distress

Private Equity majors are closely watching companies in distress, economic activity going bad, higher demand for money to fund expansion and they are ready to hunt for bargains. As per a report published by the Telegraph, nearly 70 percent of private equity firms said that they are evaluating deals to buy companies (or acquire majority stake) in distress. While economists are arguing over V-shaped or U-shaped recovery for the economy, private equity firms have set their eyes on the best bargain they can get for their money.

Jio Platforms surprises market as Big Investors grab 20 percent stake

Reliance Industries announced few months back about its plans to be debt-free by 2021. However, as per the current situation, the biggest listed company in Indian stocks markets, could reach that ambitious target before its planned date. Reliance group has been trusted by Indian investors for decades and it was popular among investors that no one has ever lost money in Dhirubhai Ambani’s companies (provided you invest medium or long term).

Online casino games developer Booming Games’ complete portfolio of video slots to be available at Hyperino.com

Sliema-headquartered online casino games developer Booming Games Limited has confirmed the signing of a deal that will soon make its complete portfolio of video slots feature at Hyperino.com, which is operated by Rhinoceros Operations Limited.

IMG ARENA and Golden Park sign partnership deal to offer virtual betting products in Spain and Latin America

London-headquartered sports betting service and content provider IMG ARENA has confirmed that it has signed a new partnership deal with Spanish betting operator Golden Park to see its virtual products launch with the group’s online gaming brand GoldenPark.es.