Asia Pioneer Entertainment expects extra US$3.9 million loss
The company identified the possible loss in a filing directed towards the Hong Kong Stock Exchange. It is now seeking to release the 2020 results by the 25th of March. Back...
FE Consortium’s Czech gaming biz plans $41.4M IPO
With the first public offering (IPO) of its shares, Palasino Holdings, the Czech gaming company owned by FE Consortium, hopes to generate about 41.4m dollars.
The business plans to offer around 142.86m shares worldwide, of which 57.14m are existing shares and 85.71m are freshly issued shares. Ten percent of the offering will also be made available to the Hong Kong public.
The majority of the patrons at the three casinos run by Palasino Holdings in the Czech Republic are from Germany and Austria, two nearby states. In addition, the corporation oversees one hotel in Austria and three in Germany.
The IPO is scheduled to end on Thursday, March 21st, having started on Monday. As long as the offering is unconditional by or before 8 a.m. in Hong Kong on March 26, Palasino Holdings plans to begin trading on the Hong Kong Stock Exchange.
Colorado’s “Play Legit’” campaign targets illegal gambling
This week, Colorado will start out the 2024 Illegal Gaming Awareness Campaign to alert locals and visitors to be cautious of unlicensed gambling operators. The campaign...
