Economy/Finance

Fertitta Entertainment Incorporated attempting to cancel SPAC merger

American special purpose acquisition company (SPAC) Fast Acquisition Corporation is reportedly refusing to cancel a deal that is to see it merge with Fertitta Entertainment Incorporated and take the hospitality...

Churchill Downs Incorporated said to be exploring potential TwinSpires sale

American casino operator Churchill Downs Incorporated reportedly saw the value of its shares rise by 5.7% yesterday on news that it is potentially exploring the option of selling off its TwinSpires-branded onli...

Macau regulator confirms shuttering of all Suncity Group gaming lounges

In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly confirmed the temporary closure of all local VIP gaming lounges operated by junket firm Suncity Group. According to a repor...

Underhanded tactics claim being levied at the Seminole Tribe of Florida

The Seminole Tribe of Florida is allegedly paying petition-gathering firms to stay away from its home state as it reportedly looks to scupper rival efforts that could result in legalized online sportsbetting be...

Alvin Chau Cheok Wa to resign as boss of Suncity Group Holdings Limited

Following his arrest by police in mainland China over the weekend and Alvin Chau Cheok Wa (pictured) is reportedly set to stand down as Chief Executive Officer for Asian casino investor Suncity Group Holdings L...