Updating the market, FTSE-listed sports betting group GVC Holdings Plc (GVC) has confirmed that it has secured a further investment of €320 million (£275 million) through a secured ‘term loan’ and ‘revolving credit facility’ (RCF). GVC governance detailed that its funding compromised of access to a €250 million ‘term loan’ and a €70 million revolving credit facility (RCF). The loan …
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Macau to publish ‘mid-term’ economic review on gambling sector impacts
Amid continuing declining revenues for its casino sector, the Macau government will publish its mid-term economic review undertaken by Economic & Finance Secretary Leong Vai Tac. The Vai Tac review which began in May aims to research the overall effect of Macau’s biggest sector on the provinces economy and its potential recovery. The mid-term review focuses on eight key topics …
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