GGRAsia

Gaming biz driving JCM annual results: president

Sep 18, 2019

Japan Cash Machine Co Ltd, also known as JCM Global, says its net income reached JPY1.29 billion (US$11.9 million) in the fiscal year ended March 31, up 39.5 percent from the previous year. Operating income for the period rose by 43.9 percent year-on-year to JPY1.97 billion, the firm said in an...

Yokohama seeks US$4mln budget for IR promotion

Sep 18, 2019

Genting Bhd issuing US$2.39bln in new notes

Sep 18, 2019

Macau 2019 casino earnings have further to fall: MS

Sep 18, 2019

Macau gaming commissions hit four-year high in 2018

Sep 17, 2019

Sega Sammy Creation launches first slot titles for Macau

Sep 18, 2019

Sega Sammy Creation Inc, a Japanese maker of casino gaming equipment, says it is installing its first video slot machine games in a Macau casino property. The move follows what the...

Aristocrat offers new-look cabinet in Asia Pacific

Aug 27, 2019

Slot machine manufacturer Aristocrat says it is ready to deploy its new cabinet, called Mars-X (pictured), in the Asia-Pacific region. It has a slimmed-down upper portion and a base that...

Macau 2019 casino earnings have further to fall: MS

Sep 18, 2019
Earnings of casino firms in the Macau market “have not bottomed” despite the current attractive valuations for the stocks of such firms. So said banking group Morgan Stanley in a Monday report. The institution cut...
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Macau gaming commissions hit four-year high in 2018

Sep 17, 2019
Commissions and certain other costs linked to Macau casino sales hit a four-year high in 2018, while the industry’s contribution to the local economy reached nearly MOP203.4 billion (US$25.2 billion), the highest...
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Tax-owing POGOs face closure, says Philippine govt

Sep 17, 2019
The Philippines gaming regulator says it fully supports the country’s government “in cracking the whip” on Philippine Offshore Gaming Operators (POGOs) that are delinquent in the payment of taxes. In a Monday...
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Landing gets 6 months to find new Philippine casino site

Sep 17, 2019
Asian casino promoter Landing International Development Ltd says it has been given approximately six months to find an alternative site for a casino resort it planned for the Philippine capital Manila, or it will risk...
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Asia Pacific casino host economies hit by trade war: Fitch

Sep 11, 2019
Economic activity across the Asia-Pacific region “continues to weaken on softening global demand and uncertainty associated with the escalation of the United States-China trade war,” says a third-quarter economic...
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Marina Bay Sands could gain from HK uncertainties: DB

Sep 09, 2019
Las Vegas Sands Corp’s Marina Bay Sands casino resort (pictured) in Singapore could benefit in the near term from any potential displacement of player activity in Macau that might be linked to the ongoing protests in...
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Gaming biz driving JCM annual results: president

Sep 18, 2019
Japan Cash Machine Co Ltd, also known as JCM Global, says its net income reached JPY1.29 billion (US$11.9 million) in the fiscal year ended March 31, up 39.5 percent from the previous year. Operating income for the...
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Yokohama seeks US$4mln budget for IR promotion

Sep 18, 2019
Yokohama (pictured), a Japanese city that is likely to try and get a casino resort, proposed on Monday a JPY400-million (US$3.7 million) supplementary budget for integrated resort promotion to cover financial years...
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Genting Bhd issuing US$2.39bln in new notes

Sep 18, 2019
Malaysia’s Genting Bhd says its wholly-owned unit Genting RMTN Bhd has made a lodgement with the Securities Commission Malaysia for the establishment of a medium-term-notes programme in the amount of MYR10.0 billion...
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Landing gets 6 months to find new Philippine casino site

Sep 17, 2019
Asian casino promoter Landing International Development Ltd says it has been given approximately six months to find an alternative site for a casino resort it planned for the Philippine capital Manila, or it will risk...
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Aruze names Robert Blair global general counsel

Sep 17, 2019
Casino gaming equipment supplier group Aruze says it has promoted Robert Blair to be its global general counsel. Mr Blair started the role in August, but the group announced the promotion in a Monday written...
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Wynn Resorts prices new US$750mln funding in notes

Sep 13, 2019
Casino operator Wynn Resorts Ltd has priced its new private offering, for an aggregate principal of US$750-million in senior notes, at 5.125 percent. The firm said in a filing on Thursday that cash raised via the notes...
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