August 2, 2016
Updating the market this morning, FTSE-listed betting operator GVC Holdings (GVC) has informed investors that it has agreed a refinancing deal with Japanese corporate bank Nomura International Plc. GVC governance has secured a €250 million unsecured loan with Nomura, which will be used to facilitate its existing €400 million long-term loan issued by Cerberus Business Finance. The operator had entered …
Read More »September 22, 2015
Japanese trading house Nomura Holdings, has predicted that Macau’s gambling industry could suffer an 8% year on year decline in 2016. Entering Q4 2015, the province’s casino industry is witnessing a 30% slump in gross gaming revenues. If Nomura’s prediction becomes a reality, Macau gambling would enter its third year of consecutive year-on-year revenue decline. Asian financial analysts appear downcast …
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