Guoco Group's protracted takeover of UK-based casino and leisure group Rank now looks a formality following the news today (Monday) that the Malaysian-backed investor firm has just under 75 per cent of the company's shares.
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The World Gaming Executive Summit traditionally sees the most influential names discuss issues at the very cutting edge of gaming - and once again this year's event didn't disappoint.
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US casino games giant IGT has named Eric Berg as its new president, effective July 18.
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The legalisation of online gaming in the US could see companies occupying the traditional bricks and mortar space seek strategic acquisitions, according to one financial analyst.
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The second largest casino company in Macau in terms of market value, Wynn Macau, led gains among Macau casino operators after the enclave experienced its steepest rise in revenue this year last month.
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Construction has begun in Nassau, Bahamas, on Baha Mar, which when complete will be the largest casino resort development in the Caribbean.
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InterGame is the only monthly magazine covering the international coin-op amusements and gaming industry.
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