GGRAsia – Latest News

Aristocrat to launch EGM-based responsible gaming features

Feb 26, 2021 Newsdesk Latest News, Top of the deck, World

Casino slot machine maker and digital games provider Aristocrat Leisure Ltd says it plans to launch in the first quarter this year a new product with responsible gaming features, which has already...

Suncity to open clubs at Londoner Macao, Lisboa Palace

Feb 26, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau junket investor Suncity Group has confirmed to GGRAsia on Friday that it was preparing the launch of new VIP gaming clubs at two separate Cotai casino resorts, respectively the Londoner...

Tech supplier Crane ups forecast for 2021 core sales

Feb 26, 2021 Newsdesk Industry Talk, Latest News

Crane Co, a conglomerate supplying payment-processing technology and other services to consumer industries including the casino sector, said on Wednesday it was raising its full-year 2021 guidance...

Border casino op Donaco posts positive EBITDA for Jul-Dec

Feb 26, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Donaco International Ltd, an operator of border casinos in Southeast Asia, said in a Friday filing that the six months ending December 31 had seen the company return to positive earnings before...

Melco’s Lawrence Ho hopeful on Macau recovery in March

Feb 26, 2021 Newsdesk Japan, Latest News, Macau, Top of the deck

Lawrence Ho Yau Lung, chairman and chief executive of casino operator Melco Resorts and Entertainment Ltd, says Macau’s casino sector could start showing recovery signs in “mid-to-late...

Paradise 4Q loss up sequentially, positive EBITDA

Feb 26, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Paradise Co Ltd, an operator of foreigner-only casinos in South Korea, says its fourth-quarter net loss stood at KRW59.21 billion (US$52.83 million), a 263.3 percent increase from the KRW16.30...

Gaming recovery helps Melco Resorts EBITDA break even 4Q

Feb 26, 2021 Newsdesk Latest News, Macau, Philippines, Top of the deck

Melco Resorts and Entertainment Ltd said group-wide adjusted property earnings before interest, taxation, depreciation and amortisation (EBITDA) were back on positive ground in the fourth quarter of...

Genting Malaysia 4Q EBITDA halved sequentially

Feb 26, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino operator Genting Malaysia Bhd reported adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) of MYR170.4 million (US$42.2 million) for fourth-quarter 2020, down...

Macau VIP challenged by changes in China: Galaxy Ent boss

Feb 25, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Galaxy Entertainment Group Ltd plans to stengthen its focus on the mass and premium mass segments of the gaming market, as the city’s VIP sector is likely to be challenged by...

Ainsworth US$40mln half-year loss on impairment charge

Feb 25, 2021 Newsdesk Latest News, Top of the deck, World

Ainsworth Game Technology Ltd reported a loss after tax of AUD50.1 million (US$39.9 million) for the six months to December 31, compared to AUD4.0-million profit a year earlier....