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    Galaxy Entertainment Group Resumes Dividend Payments on Vastly Improved 2021 Financial Results

    Galaxy Entertainment Group (GEG) has resumed the payment of dividends after reporting a 107% quarter-on-quarter increase in Adjusted EBITDA to HK$1 billion (US$128 million) in the three months to 31 December 2021 and reversing a FY20 EBITDA loss. The company’s 4Q21 Adjusted EBITDA result
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    Galaxy Ends all Junket Deals; Company Assessing Macau Satellite Casinos Situation

    Macau gaming giant Galaxy Entertainment Group has terminated all its VIP junket agreements. The company no longer has any deal of its kind as of this moment, Vice Chairman Francis Lui Yiu Tung announced on Wednesday. “As for VIP lounges and junket operators, I
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    Century Casinos to Acquire Nugget Casino Resort for $195M Eying Reno Market

    Century Casinos announced it has entered into a definitive agreement to acquire Nugget Casino Resort in Sparks, near Reno in Nevada, from Marnell Gaming for a total of $195 million. This will become its tenth casino in North America. The Colorado-based operator will purchase
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    Rush Street Interactive Partners With Penn National

    RSI gains market access in Ohio, Maryland, Missouri. Rush Street Interactive on Tuesday said it has secured market access opportunities in Ohio, Maryland and Missouri via a strategic partnership agreement with Penn National Gaming. Under the agreement, RSI will have the ability to offer
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    Hail Caesar: $2.6bn in Quarterly Revenue

    Growth is in great excess of what had been seen in 2020. Caesars Entertainment ended 2021 with a bang, a fact evident from its newly released fourth quarter earnings reports which also summarizes progress made for the entire year. The quarter ended December 31,
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    Flutter’s PokerStars Pulls Out of Georgia

    Flutter Entertainment’s PokerStars has announced that it will terminate its online gambling offering in Georgia on March 1. Flutter’s flagship poker subsidiary has contacted Georgian players to advise them to withdraw account balances by the end of this month. It has also advised media
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    Order and Reprimands for Unibet (Denmark) Limited

    The Danish Gambling Authority have ordered Unibet (Denmark) Limited (hereinafter referred to as ”Unibet”) to update their risk assessment (section 7(1) of the AML Act) so that all relevant risks are included in the risk assessment. The Danish Gambling Authority has also given Unibet
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    Glitnor Acquires Affiliate Powerhouse KaFe Rocks

    Glitnor Group, the fast-growing iGaming Operator and Games Provider, has acquired affiliate powerhouse KaFe Rocks Ltd for an undisclosed sum. The acquisition spearheads Glitnor’s move into the lead generation space and will add to the long-term growth of the business. As part of the
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    Las Vegas Sands and Sands China, Ltd. Earn Recognition in the S&P Global Sustainability Yearbook 2022

    Las Vegas Sands received a silver class award and Sands China, Ltd. received a bronze class award in the S&P Global Sustainability Yearbook 2022, a comprehensive annual publication on the state of corporate sustainability around the world. Sands was the only U.S.-based casino and
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    R&F Korea Submits New Request for Extension of Incheon IR Construction Deadline Until 2024

    The local arm of Hong Kong-listed Guangzhou R&F Properties Co Ltd has submitted another request to the Korean Ministry of Culture, Sports and Tourism to extend the construction deadline of its Midan City Resort Complex development by two years — until March 2024. According
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