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Alvin Chau Officially Resigns as Suncity Boss, Analysts See End of Macau Junkets

Alvin Chau is officially no longer part of the Suncity Group, the VIP junket business in Macau that made him a billionaire. ...

DraftKings Price Target Slashed by One Analyst, Another Sees Disappointing Q4

Mired in a multi-month slump, DraftKings (NASDAQ:DKNG) continues contending with increasingly tepid or overtly negative commentary from analysts covering the company. ...

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Universal Hotels and Resorts Advances Nustar Resort and Casino in the Philippines

In spite of the obstacles COVID-19 brought to the global casino industry, Universal Hotels and Resorts is moving forward. The company is almost ready...

DraftKings Incorporated being sued by ColossusBets Limited

American online sportsbetting and daily fantasy sports operator DraftKings Incorporated has reportedly been hit with a federal lawsuit filed by British counterpart ColossusBets Limited...

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FAST Acquisition Balks at Fertitta Merger Termination, Could Mean Court Battle

FAST Acquisition (NYSE:FST), the blank-check company that in February agreed to merge with Tilman Fertitta’s Fertitta Entertainment (FEI), isn’t playing ball with the Texas...

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South Korea Returns COVID-19 Travel Regulations, Squashes Gaming Recovery

South Korea is bringing back travel and quarantine requirements for new arrivals into the country. This is bad news for the countries casinos, one...