Charity Without Choice: The Impact of Receiving Prosocial Gifts on Subsequent Donations Summary This paper examines how receiving a prosocial gift — a charitable donation made to a cause in someone’s name — affects that recipient’s willingness to donate to the same charity later. Across four experiments (and a supplemental study), the authors find that […]
Cross Ownership Versus Merger Under Product Differentiation Summary This paper compares passive cross ownership (CO) — firms holding non‑controlling shares in rivals — with full horizontal mergers in oligopolistic markets where products are horizontally differentiated. Using theoretical models under Cournot (quantity) and Bertrand (price) competition, the author derives conditions under which insiders (the cooperating firms) […]
Crane NXT to improve counterfeit detection abilities via planned full acquisition of Italian inspection and detection firm Antares Vision Summary Crane NXT has signed definitive agreements to acquire a 30% stake in Antares Vision S.p.A. at €5.00 per share (≈€120 million), and will launch a mandatory tender offer in Italy for the remaining publicly traded […]
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 joined Entain in August […]
Macau’s concessionaires could soon turn to virtual performers to keep pace with rising competition in global entertainment scene Summary Macau operators are exploring virtual performers and AI-driven digital pop stars to plug a growing gap in headline entertainment. David Baxley of Sands China told an IAG EXPO panel that while post-COVID venue supply has expanded, […]
IAG EXPO: Interview with Light & Wonder’s Jamie Dorbian Summary Light & Wonder’s Managing Director, International, Jamie Dorbian discusses the array of products the company displayed at IAG EXPO and explains why Asia is central to the company’s global strategy. The short interview offers a direct view of the firm’s priorities for the region and […]
Vietnam’s Corona Resort & Casino falls to US$21 million loss in 1H25, wider than previously Summary Corona Resort & Casino in Phu Quoc reported a VND564 billion (US$21.4 million) loss for the six months to 30 June 2025, a marked deterioration from the VND332 billion (US$12.6 million) loss a year earlier. The operator’s cumulative losses […]
A Coney Island casino? Brooklyn crowd gets rowdy for both sides in first public hearing Summary The first of two public hearings for The Coney’s casino licence bid in New York took place at the Coney Island YMCA and turned raucous, with nearly 100 speakers over four hours and repeated crowd interruptions. The Coney consortium […]
Tabcorp a ‘fitter’ business focused on unlocking omnichannel value, CEO says Summary Tabcorp returned to net profit in FY25 after a tough FY24, reporting AU$2.61bn in revenue for the year to 30 June 2025 — up 11.8% year-on-year. New CEO Gillon McLachlan credited leadership changes, tighter cost and capital discipline, and an evolved strategy focused […]
Dutch gambling minister resigns over blocked Israel sanctions Summary Teun Struycken, Netherlands state secretary for legal protection with responsibility for gambling, has resigned after cabinet colleagues blocked proposals to impose further sanctions on Israel. The walkouts began with Foreign Minister Caspar Veldkamp and were followed by ministers and state secretaries from Nieuw Sociaal Contract (NSC). […]
