American brokerage Jefferies Financial Group Incorporated has reportedly warned that institutional investors could soon begin turning their attention away from Macau’s casino market in preference to potential opportunities in the United States. According to a report from GGRAsia, the New York-headquartered financial services firm detailed that these prospective backers may well be put off by Macau’s recent ‘Golden Week’ disappointment and the fact that there is not destined to be another major Chinese public holiday until February. The source explained […]

The post Macau recovery may be hindered by United States investor interest appeared first on World Casino News.

BetStars, the new online betting service from PokerStars and the online sports betting brand of The Stars Group Inc. (TSGI:Toronto), announced recently the appointment of Andrew Lee as its Managing Director. Lee, whose responsibilities will include the strategic direction, performance and growth of the sports betting business, will be based at Stars Interactive Group Isle of Man headquarters. An experienced gaming executive, since 2000 Lee has been active in the online gaming industry having served from Oct. 2012 to Jan. […]

The post Stars Group names Andrew Lee new Managing Director of BetStars appeared first on World Casino News.