Financial – Page 22 | Global Gaming Insider

Macau H1 GDP rises 3.7% as gaming service exports grow 5.5%

Second-quarter economic growth slowed to 0.3% year-on-year, while first-half output remained 10.9% below its 2019 level.

2 min read • Aug 24 • By Shaan Khan

Financial Casino + 2 more

Evolution Board urges shareholders to reject Candle Lake's takeover offer

Board says the mandatory bid undervalues the supplier and does not reflect its fair market value.

2 min read • Aug 24 • By Keih Ma

Financial Land Based + 2 more

São Paulo Jockey Club approves $48m BTG Pactual deal amid $128m debt

São Paulo’s Jockey Club has approved a strategic partnership with BTG Pactual bank that could inject BR250m ($48m) into the racecourse.

1 min read • Aug 21 • By Layla Victoria

Legal & Regulatory Financial + 2 more

Brazil Olympic Committee against bill that would redirect sports betting tax funds

COB is pushing back against a provision in a public security constitutional amendment that would redirect up to 30% of betting revenue away from sport.

1 min read • Aug 21 • By Layla Victoria

Legal & Regulatory Financial + 2 more

Viña del Mar casino tender raises budget concerns as Mayor calls for calm

After no company submitted a bid, the outcome raised concerns over the municipal finances of Viña del Mar, where the casino contributes more than CLP30bn a year, or close to 20% of the city's budget.

2 min read • Aug 21 • By Milagros del Priore

Legal & Regulatory Financial + 2 more

Mexican authorities seize Joy Casino in Sonora over alleged unpaid rent

Joy Casino in Ciudad Obregón was seized amid reports of outstanding rent debts. Furniture and gaming machines were removed from the property while customers were still inside.

1 min read • Aug 21 • By Milagros del Priore