Financial News
News covering financial aspects of the betting and gambling industry, concerning loans, shares, property sales and general gaming company finances.
14 November, 2016 | Land-BasedCasinoFinancial

Genting Singapore abandons Jeju casino stake for $420m

Genting Singapore Plc has announced that it is walking away from its casino joint venture on South Korea’s Jeju Island. The casino operator is selling its resort interests in order to focus on its Singapore business, saving resources for potential opportunities in Japan. The company announced that Algona, a direct wholly-owned subsidiary, entered into a conditional sale and purchase agreement with Landing International Development Limited, to d...
2 November, 2016 | Financial

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