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Casinos & Gaming

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Codere extends lock-up agreement until Aug. 23, 2015

Monday, 22 Jun 2015 11:42am EDT

Codere SA:Extends lock-up agreement signed Sept. 23, 2014 until August 23, 2015.

Berjaya Corporation Berhad announces striking off of dormant subsidiary

Tuesday, 24 Mar 2015 08:00pm EDT

Berjaya Corporation Berhad:Says Country Farms Pte Ltd (CFPL), dormant subsidiary, was struck off from register by Registrar of Companies.CFPL is wholly-owned subsidiary of Country Farms Sdn Bhd which in turn is wholly-owned subsidiary of Berjaya Group Berhad (BGroup).BGroup is wholly-owned subsidiary of BCorporation.

Codere SA to transfer all equity to new wholly owned unit

Friday, 19 Dec 2014 01:51am EST

Codere SA:To transfer all equity to a new wholly owned unit.Says operation is part of capital and debt restructuring process.

Magnum Bhd announces striking-off dormant subsidiaries

Tuesday, 16 Dec 2014 07:00pm EST

Magnum Bhd:Says Definite Command Sdn Bhd (DCSB) and MPIB Nominees (Tempatan) Sdn Bhd (MNTSB), two of Magnum's wholly-owned subsidiaries, it was resolved that an application be made to Companies Commission of Malaysia (CCM) to strike-off name from register.Principal activity of DCSB and MNTSB is dormant (since inception).Both DCSB and MNTSB have no intention to commence business or operation in future.The proposed deregistration will not have any material impact or effect on the business operations, earnings and net assets of Magnum and its Group for the financial year ending Dec. 31.

Olympic Entertainment Group AS announces latest developments concerning merger of its Latvian subsidiaries

Wednesday, 3 Dec 2014 02:30am EST

Olympic Entertainment Group AS (OEG):Says that the merger of OEG’s Latvian subsidiaries, Olympic Casino Latvia SIA and the casino operating company Altea SIA which was acquired in the summer of 2013, has been completed.Says during the course of the merger Altea SIA merged with Olympic Casino Latvia SIA.Says the group will carry on operating the casinos in Latvia only through Olympic Casino Latvia SIA.Says the aim of the merger was the adjustment of the group’s structure.Says the merger of the subsidiaries has no direct influence on the economic activities of OEG Group.

Genting Singapore Plc announces de-registration of wholly-owned subsidiary

Tuesday, 18 Nov 2014 04:25am EST

Genting Singapore Plc:Refers to previous announcement, Pacific Sky LLC (PS), the company’s indirect wholly-owned subsidiary incorporated in Mongolia, has been de-registrated.

Lotto24 AG to insource IT platform

Monday, 13 Oct 2014 11:56am EDT

Lotto24 AG:Says is planning to insource IT platform, i.e. take over development of operating software and IT operations by no later than Dec. 31, 2015.Says is to set up own IT department, which will also include experienced staff from current IT service providers.Says additional funding requirement of around 3 million euros (to be mostly incurred in FY 2015) can be covered by vendor loan of same amount.Says positive effects of transaction will more than compensate for additional personnel expenses in medium term.

Genting Singapore Plc's indirect subsidiary applies for de-registration

Tuesday, 7 Oct 2014 07:32am EDT

Genting Singapore Plc:Says Pacific Sky LLC (PS), the company’s indirect wholly-owned subsidiary incorporated in Mongolia, has applied for de-registration.

Olympic Entertainment Group AS announces merger of Latvian subsidiaries

Friday, 22 Aug 2014 10:19am EDT

Olympic Entertainment Group AS:Says that the Latvian subsidiaries of OEG, Olympic Casino Latvia SIA and the casino operating company Altea SIA which was acquired in the summer of 2013, have concluded a merger agreement on Aug. 22.The merger will be finalized within the current year and during the course of the merger Altea SIA will merge with Olympic Casino Latvia SIA.After the merger has been completed the group will carry on operating the casinos only through Olympic Casino Latvia SIA.The aim of the merger is the adjustment of the group’s structure.The merger of the subsidiaries has no direct influence on the economic activities of OEG Group.

Genting Singapore Plc striking off of indirect wholly-owned subsidiary

Wednesday, 20 Aug 2014 06:44am EDT

Genting Singapore Plc:Says Genting3 Ltd indirect wholly-owned subsidiary incorporated in United Kingdom was dissolved on Aug. 19.

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