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Business & M&A

Evolution board rejects Candle Lake takeover bid
Casino

Evolution board rejects Candle Lake takeover bid

The directors of Evolution have recommended shareholders to not to accept the mandatory cash offer of Candle Lake Limited of SEK695 ($72.89) per share on the grounds that the bid has not fairly represented the true value of the gaming supplier. This recommendation was made by the board on Monday, a…

thegamblest
DigiPlus diversifies digital portfolio with ArenaSocial and Arcade launch
Technology

DigiPlus diversifies digital portfolio with ArenaSocial and Arcade launch

DigiPlus Interactive Corp. has announced the expansion of its digital entertainment ecosystem with the launch of ArenaSocial Arcade, a new game suite within ArenaSocial, its free-to-play social gameentertainment platform designed to make interactive experiences more accessible, social, and engaging…

Asia Gaming Brief
Melco Resorts Finance to redeem US$600mln worth of notes in September
Casino

Melco Resorts Finance to redeem US$600mln worth of notes in September

Melco Resorts Finance Ltd, a subsidiary of casino operator Melco Resorts & Entertainment Ltd, says it will redeem in full its US$600-million in 5.625-percent senior notes that are due in 2027. The company issued a notice of redemption on Monday, according to a filing by Melco Resorts with the Unite…

GGRAsia
Crane NXT appoints Jason Lund to lead Crane Payment Innovations
Casino

Crane NXT appoints Jason Lund to lead Crane Payment Innovations

Crane NXT Co has appointed Jason Lund as president of its unit Crane Payment Innovations (CPI), a provider of payment and cash-processing technology to a range of industries, including the casino gaming sector. Mr Lund (pictured) has also been named group president of Crane NXT’s Detection and Trac…

GGRAsia
Pagcor expects 2026 income down 18pct to US$1.4bln, sees late-year recovery
Casino

Pagcor expects 2026 income down 18pct to US$1.4bln, sees late-year recovery

The Philippine Amusement and Gaming Corp (Pagcor), the nation’s gaming regulator, expects its total income to decline by about 18 percent year-on-year in 2026, to nearly PHP86.95 billion (US$1.41 billion), amid weaker gaming activity in the country. The forecast compares with PHP106.03 billion in i…

GGRAsia
NagaCorp 1H profit slips 3pct as VIP weakness offsets mass growth
Casino

NagaCorp 1H profit slips 3pct as VIP weakness offsets mass growth

Cambodian casino operator NagaCorp Ltd reported a net profit of US$144.0 million for the first half of 2026, down 3.2 percent from a year earlier. Group revenue for the first six months of 2026 declined 8.4 percent year-on-year, to about US$313.2 million, according to a Monday filing to the Hong Ko…

GGRAsia
Midnite Taps Ex-FanDuel Director for Canada Launch
Sports Betting

Midnite Taps Ex-FanDuel Director for Canada Launch

Sportsbook and casino disruptor Midnite has onboarded an experienced ex-FanDuel Canada director. The one up to the task is Dale Tang, who joins as general manager for Canada, as the former company’s own launch into the North American country looms. Tang commented on the matter and said that he was…

Gambling News
Caesars Unveils Record-Busting $1.5 Million Loyalty Tier
Casino

Caesars Unveils Record-Busting $1.5 Million Loyalty Tier

Caesars Entertainment just announced what experts believe to be the most expensive casino loyalty tier ever offered. The company confirmed that its new top tier, called Olympus, will debut in January 2027 and require 300,000 tier credits to achieve — an amount reflecting about $1.5 million in theor…

casino.org

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