Cross Ownership Versus Merger Under Product Differentiation Summary This paper compares passive cross ownership (CO) — noncontrolling shareholdings among rivals that create partial cooperation — with full horizontal mergers in oligopolistic markets with horizontally differentiated products. Under Cournot (quantity) competition the authors find that insiders (the cooperating firms) generally prefer symmetric CO to a merger. […]
Crane NXT to improve counterfeit detection abilities via planned full acquisition of Italian inspection and detection firm Antares Vision Summary Crane NXT, the parent of currency and payments technology firm CPI, has signed definitive agreements to acquire a 30% stake in Antares Vision S.p.A. at €5.00 per share (about €120m). Following that purchase, Crane NXT […]
Entain Australia and New Zealand CEO Andrew Vouris announced as Featured Speaker at Regulating the Game 2026 Summary Regulating the Game has named Andrew Vouris, the newly appointed CEO of Entain Australia and New Zealand, as a Featured Speaker for its 9–11 March 2026 conference at the Sofitel Sydney Wentworth. Vouris — appointed in August […]
Macau’s concessionaires could soon turn to virtual performers to keep pace with rising competition in global entertainment scene Summary Macau’s gaming operators are increasingly looking at virtual performers and digital pop stars as a solution to fill venues and maintain the city’s entertainment appeal amid fierce global competition. Speaking at IAG EXPO in Manila, Sands […]
IAG EXPO: Interview with Light & Wonder’s Jamie Dorbian Summary Light & Wonder’s Managing Director, International, Jamie Dorbian, speaks to Inside Asian Gaming about the products the company showcased at IAG EXPO and the strategic importance of Asia to the business. The interview focuses on the company’s product display at the event and its regional […]
Vietnam’s Corona Resort & Casino falls to US$21 million loss in 1H25, wider than previously Summary Corona Resort & Casino in Phu Quoc recorded a VND564 billion (US$21.4 million) loss for the six months to 30 June 2025, a deterioration from the VND332 billion (US$12.6 million) loss in 1H24. That result pushes cumulative losses since […]
A Coney Island casino? Brooklyn crowd gets rowdy for both sides in first public hearing Summary The first public hearing for The Coney’s bid to secure one of New York’s downstate casino licences was held at the Coney Island YMCA and turned into a raucous, four-hour affair. Nearly 100 speakers took the mic; moderators repeatedly […]
Tabcorp a ‘fitter’ business focused on unlocking omnichannel value, CEO says Summary Tabcorp returned to net profit in FY25 after a year of restructuring and strategic refocus under new CEO Gillon McLachlan. Revenue rose 11.8% to AU$2.61bn, driven by double-digit growth in wagering and media. McLachlan attributes the upturn to leadership changes, tighter cost and […]
Dutch gambling minister resigns over blocked Israel sanctions Summary Teun Struycken, the Netherlands’ state secretary responsible for legal protection (including gambling), has resigned after several government members quit in protest at blocked sanctions against Israel. The departures began with Foreign Minister Caspar Veldkamp, who said his proposals for further measures over Israel’s actions in Gaza […]
First Response Matters: The Impact of First Public Response to Social Media Complaints on Observers’ Brand Attitude Summary This paper tests how a brand’s first public reply to social media complaints shapes bystanders’ attitudes towards the brand. Using signalling theory and four experiments, the authors compare two first-response strategies: privately-oriented (ask to take the conversation […]
