GGRAsia – Newsdesk

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Huge storm wreaks damage, disruption in Macau

Aug 23, 2017 Newsdesk Latest News, Macau, Top of the deck

A huge tropical storm on Wednesday – with speeds of up to 165 kilometres per hour (103 mph) according to the local weather bureau – brought damage to some Macau casino resorts as well as flooding...

Steady growth for Macau arrivals in 2H: MGTO

Aug 23, 2017 Newsdesk Latest News, Macau, Top of the deck

Macau is expecting “steady growth” in visitor arrivals for the second half of 2017, with the possibility there will be new casino resorts opened in the period, said Helena de Senna...

Star Ent posts higher profit despite VIP turndown

Aug 23, 2017 Newsdesk Latest News, Top of the deck, World

Australian casino operator Star Entertainment Group Ltd announced a final dividend of AUD0.085 (US$0.067) per share for financial year ended June 30, after reporting net profit after tax up 36...

New Jeju casino raises US$35mln via bonds

Aug 23, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck

The promoter of a new foreigner-only casino project on Jeju Island, South Korea, has raised KRW40 billion (US$35.4 million) toward the scheme by issuing convertible bonds via a third-party placement....

Macau gaming worker pay up 4.6 pct: govt data

Aug 23, 2017 Newsdesk Latest News, Macau, Top of the deck

The latest statistics of the manpower needs and wages of Macau’s gaming sector indicate that average earnings – excluding bonuses – of full-time employees – as measured in June 2017...

Paradise Ent half-year loss narrows to US$5 mln

Aug 23, 2017 Newsdesk Latest News, Macau, Top of the deck

Hong Kong-listed casino equipment maker and casino venue manager Paradise Entertainment Ltd on Tuesday posted a net loss of HKD40.2 million (US$5.1 million) for the first half of 2017, down 90.2...

China ban on foreign casino backing is vague: analysts

Aug 22, 2017 Newsdesk Latest News, Macau, Top of the deck

A reported Friday announcement from China’s State Council indicating there would be a “ban” on Chinese companies investing in what it termed “overseas” casino projects was short on...

VIP growth tracking higher in August: brokerages

Aug 22, 2017 Newsdesk Latest News, Macau, Top of the deck

Macau’s gaming volume and visitor traffic trend remains positive in August, and the monthly gross gaming revenue (GGR) tally is tracking for a 25-percent increase year-on-year, say investment...

Macau police held over Lotus Bridge border ‘dodgers’

Aug 22, 2017 Newsdesk Latest News, Macau, Top of the deck

Macau’s Judiciary Police have arrested two officers from the city’s Public Security Police Force for allegedly assisting “people active in casinos” – but reportedly blacklisted by...

PhilWeb confirms provisional licence from Pagcor

Aug 22, 2017 Newsdesk Latest News, Philippines, Top of the deck

Philippines-based PhilWeb Corp confirmed in a filing on Tuesday that it has received a provisional certificate of accreditation from the Philippine Amusement and Gaming Corp (Pagcor), the country’s...

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Aristocrat aims to innovate and entertain

Aug 01, 2017

Sponsored content Aristocrat Leisure Ltd strives to lead the gaming industry in creating combinations of innovative cabinets and games that really entertain. Its game and cabinet creations are designed to help operators cater to all types of players and gaming floor segments. “Our global teams of...