GGRAsia – Newsdesk

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Okada side says mogul released from HK graft watchdog bail

Feb 22, 2019 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

A statement issued on Friday on behalf of Japanese gaming entrepreneur Kazuo Okada (pictured) said that Hong Kong’s anti-graft agency the Independent Commission Against Corruption (ICAC), had...

Novomatic affirms Jade Ent as SE Asia distributor

Feb 22, 2019 Newsdesk Industry Talk, Latest News, Rest of Asia

Austria-based casino gaming equipment supplier Novomatic AG has clarified that Jade Entertainment and Gaming Technologies Inc continues to be a Novomatic distributor for Southeast Asia. The...

Marina Bay Sands opens Tao Group nightclub April 12

Feb 22, 2019 Newsdesk Latest News, Singapore, Top of the deck

The Marina Bay Sands casino resort in Singapore, run by a subsidiary of United States-based gaming firm Las Vegas Sands Corp, is to open a new nightclub on the weekend of April 12 and 13, according...

Aristocrat buys PlayerMax digital assets for use in Oasis 360

Feb 22, 2019 Newsdesk Latest News, Trends & Tech

Aristocrat Leisure Ltd now owns the source code and intellectual property for the casino mobile device technology PlayerMax. The suite of digital assets used for marketing was purchased for an...

Macau junket business growth fastest overseas: MS

Feb 22, 2019 Newsdesk Latest News, Macau, Philippines, Rest of Asia, Top of the deck

Junket brands that have made their names by managing Chinese VIP players in the Macau casino market are now seeing their high-roller business overseas growing at a faster rate than in the core...

Finance boss leaving, MGM Resorts reshuffles senior team

Feb 22, 2019 Newsdesk Industry Talk, Latest News, Macau, World

United States-based casino group MGM Resorts International says it has appointed its chief operating officer, Corey Sanders, to the post of chief financial officer (CFO), putting him in charge of a...

Lawrence Ho further increases stake in Melco Resorts

Feb 22, 2019 Newsdesk Latest News, Macau, Philippines, Top of the deck

Casino entrepreneur Lawrence Ho Yau Lung (pictured) has increased his stake in Nasdaq-listed Asian gaming business Melco Resorts and Entertainment Ltd. It was the second time in fewer than four...

Suncity listco in Busan cooperation deal with Paradise Co

Feb 22, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Suncity Group Holdings Ltd, a Hong Kong-listed vehicle controlled by Macau casino junket investor Alvin Chau Cheok Wa, said on Thursday that a wholly-owned subsidiary had that day signed a...

Sci Games posts profit turnaround for 4Q, 2018 loss widens

Feb 22, 2019 Newsdesk Industry Talk, Latest News, Top of the deck

Casino equipment maker and lottery services supplier Scientific Games Corp posted a net profit of US$206.8 million for the fourth quarter of 2018, compared to a loss of US$43.1 million in the...

GEN Singapore 4Q profit up 13pct on gaming revenue jump

Feb 21, 2019 Newsdesk Latest News, Singapore, Top of the deck

Net profit at Singapore casino operator Genting Singapore Ltd rose 13.1 percent year-on-year in the fourth quarter of 2018 to SGD150.2 million (US$111.0 million), compared to SGD132.8 million in the...