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New management structure for NOVOMATIC Africa

NOVOMATIC has been spearheading the South African gaming industry with a long-term footprint and a record of success for more than 20 years. NOVOMATIC products have a substantial track record of leading performance all across Africa...

1. Juni 2021
0

Market conditions prompt new-look Clarion Gaming

Clarion Events has announced a strategic restructuring of its Gaming Division which involves the closure of its U.S. office in St Charles with the relocation of activities to London and the appointment of former ATE Marketing & Commercial Director Julian Graves to the newly created post of Managing Director responsible for exhibitions. Julian, whose association with IGE/ICEi/ATEI and The Betting Show dates back to 2000...

5. Juni 2009

Icahn plan for MGM would include Kerkorian: source

Los Angeles (Reuters) - A plan for the restructuring of MGM Mirage, suggested by investor Carl Icahn, would involve swapping debt for equity and be done in concert with Kirk Kerkorian, MGM's majority shareholder, a source familiar with the situation said on Friday. Some MGM bondholders, including Icahn, have floated the idea of the debt-laden casino operator filing for bankruptcy...

20. April 2009

Icahn reportedly seeks MGM Mirage bankruptcy

Las Vegas (AP) - Billionaire Carl Icahn and an investment fund believe MGM Mirage Inc. should file for bankruptcy, The Wall Street Journal reported Thursday. They want the Las Vegas-based casino operator to restructure its more than USD 13 billion in debt as soon as possible. A story posted on the newspaper's Web site Thursday citing unnamed sources...

17. April 2009

Trump casinos get new deadline extension

Trump Entertainment Resorts Inc. and its bondholders agreed to a weeklong extension of their negotiations on a USD 1.25 billion debt restructuring to save the company from another trip through bankruptcy. “Talks are continuing. As long as everyone keeps talking, that’s considered progress,” said Mark Juliano, Trump Entertainment chief executive officer. “We’re still hopeful an amicable resolution is in store.”

10. Februar 2009

Trump casinos get extension on debt restructuring

Atlantic City, New Jersey (AP) - Donald Trump's casino company has two more weeks to perfect the art of the new deal with its investors. Otherwise, the debt-laden casino empire could be headed for a third spin through bankruptcy court. Mark Juliano, chief executive of Trump Entertainment Resorts, said the company reached an agreement with its bond holders Wednesday to extend the deadline on restructuring USD 1.25 billion worth of debt through Feb. 4.

22. Januar 2009

Trump casinos to restructure its debt

In what could be a replay of 2005, Trump Entertainment Resorts is looking to reach a new deal with bondholders to restructure its suffocating debt and prop up its casinos. The company’s stock has plummeted to 25 cents per share. As expected, it missed a USD 53.1 million interest payment this week. Now come warnings of another possible journey through bankruptcy court.

5. Dezember 2008

British Gambling Commission restructures

In the UK, the Gambling Commission has announced a change in its structure that will also see Beryl Brown, Director of Policy and Communications, leave the regulatory body after over two years. Brown’s duties are to be taken over from next week by Matthew Hill, serving in the new role of Director of Strategy Research and Analysis where he will bring together the strategic and analytical parts of the Gambling Commission...

6. November 2008
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  • Connor Williams: ‘iGB L!VE is critical in encouraging more collaboration, challenging tired thinking, and charting a path forward for the industry.’
  • Germany Interstate Treaty update could solve Deposit Limit and IP Blocking struggles
  • Majority charged in Election Betting Scandal plead not guilty
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