GGRAsia – Newsdesk

MGTO nods licence, 4-star rating for Cotai hotel Lisboeta

Aug 05, 2020 Newsdesk Latest News, Macau, Top of the deck

The Macau government has given an operating licence and four-star rating to a hotel project next door to casino operator SJM Holdings Ltd’s soon-to-be-opened Grand Lisboa Palace gaming resort. The...

Paradise Co July casino revenue down 76pct y-on-y

Aug 05, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Paradise Co Ltd, an operator in South Korea of foreigner-only casinos, said in a Wednesday filing that its July casino revenue rose 26.3 percent judged month on month, though measured year-on-year...

Melco Resorts Finance extra US$350mln in senior notes

Aug 05, 2020 Newsdesk Latest News, Macau, Top of the deck

Melco Resorts Finance Ltd, a wholly-owned subsidiary of casino operator Melco Resorts and Entertainment Ltd, announced on Tuesday the pricing of its additional international offering of 5.750-percent...

Casino operator Donaco says close to hiring new CEO

Aug 05, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Australia-listed Donaco International Ltd, an operator of a border casino in Cambodia and another in Vietnam, says it is in the “final negotiation stages” for appointing a new chief executive. It...

Macau airport got 6-7 daily flights in July, below forecast

Aug 05, 2020 Newsdesk Latest News, Macau, Top of the deck

The operator of Macau International Airport has told GGRAsia the facility generally handled daily in July only “six to seven” passenger flight movements, at least 30 percent below what it had...

Wynn confirms end to Japan efforts, upbeat on Macau

Aug 05, 2020 Newsdesk Japan, Latest News, Macau, Top of the deck

Casino operator Wynn Resorts Ltd is “pretty much ceasing” its efforts in Japan regarding pursuit of a casino project there, at least until there are meaningful developments regarding that...

IGT 2Q revenue halved, CEO flags ‘improving trends’

Aug 05, 2020 Newsdesk Latest News, Top of the deck, World

Gaming and lottery provider International Game Technology Plc (IGT) reported on Tuesday revenue of nearly US$637.5 million for the second quarter of 2020, down 48.4 percent from the prior-year...

Wynn Macau posts US$352mln 2Q loss, casino rev turns red

Aug 05, 2020 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Wynn Macau Ltd reported on Wednesday a nearly US$351.6-million net loss in the second quarter of 2020, compared to a US$168.6-million profit in the equivalent quarter a year...

Everi posts US$68.5mln 2Q loss, reports positive EBITDA

Aug 05, 2020 Newsdesk Latest News, Top of the deck, World

Casino equipment maker and financial technology (fintech) supplier Everi Holdings Inc swung to a second-quarter net loss of US$68.5 million, compared to net income of US$5.5 million in the prior-year...

Partouche exit no impact on IR plan for Nagasaki: Oshidori

Aug 04, 2020 Newsdesk Japan, Latest News, Top of the deck

Japan casino suitor Oshidori International Holdings Ltd has told GGRAsia that the withdrawal of French casino operator Groupe Partouche SA from a collaboration in relation to Japan would have no...