GGRAsia – Latest News

Japan IR timeline review possible amid Covid-19: minister

Aug 10, 2020 Newsdesk Japan, Latest News, Top of the deck

The Japanese government is reviewing the possibility of introducing changes to its timetable for licensing casino resorts in the country, because of Covid-19, said the nation’s Minister of...

Genting HK expects 1H loss of at least US$600mln

Aug 10, 2020 Newsdesk Latest News, Philippines, Top of the deck

Genting Hong Kong Ltd says it expects to record an unaudited consolidated net loss of “not less than US$600 million” for the six months ended June 30. The company said the lacklustre result...

Londoner Hotel launch depends on tourism comeback: Wong

Aug 07, 2020 Newsdesk Latest News, Macau, Top of the deck

Casino operator Sands China Ltd’s the Londoner Hotel should be ready by the third quarter, but the timing on launching it will depend on a return of Macau’s tourism trade, especially the mainland...

Local worker ratio up after RWS job cuts: govt

Aug 07, 2020 Newsdesk Latest News, Singapore, Top of the deck

Three out of every four workers remaining at casino complex Resorts World Sentosa (RWS) after a round of job cutting is a Singapore local, confirmed the city-state’s Ministry of Manpower in a...

Everi fintech sales outlook boosted by Covid-19: brokerage

Aug 07, 2020 Newsdesk Latest News, Trends & Tech, World

Casino equipment maker and financial technology (fintech) supplier Everi Holdings Inc stands to benefit from its move into the latter segment, now that the global casino industry has to live with...

Basic policy key issue for Japan IR suitors says go-between

Aug 07, 2020 Newsdesk Japan, Latest News, Top of the deck

The timing of Japan’s national so-called basic policy on integrated resorts (IRs), as casino complexes are known in that country, is one of the main “uncertainties” to be addressed in...

GEN Singapore has worst quarter since 2010 Sentosa launch

Aug 07, 2020 Newsdesk Latest News, Singapore, Top of the deck

Casino operator Genting Singapore Ltd posted a SGD163.3-million (US$119.2 million) net loss in the quarter to June 30, compared to net profit of about SGD168.4 million in the prior-year period....

Universal Ent 1H revenue up despite Okada Manila suspension

Aug 07, 2020 Newsdesk Japan, Latest News, Philippines, Top of the deck

Japanese gaming conglomerate Universal Entertainment Corp says its group net sales in the first six months of 2020 actually rose by 24.9 percent, to nearly JPY65.65 billion...

Bowie steps down as MGM China executive director

Aug 07, 2020 Newsdesk Latest News, Macau, Top of the deck

Grant Bowie (pictured) has resigned as an executive director of Macau casino operator MGM China Holdings Ltd. He will remain linked to the company under an advisory role until the end of 2022 as...

Good news likely on mainland ties says Macau security boss

Aug 06, 2020 Newsdesk Latest News, Macau, Top of the deck

Macau’s Secretary for Security, Wong Sio Chak (pictured in a file photo), said on Thursday that there could be “good news” presently on what he termed the “border opening” process...