GGRAsia – Latest News

Suncity listco now holds 70pct of Summit Ascent

Oct 15, 2020 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

Hong Kong-listed Suncity Group Holdings Ltd, headed by the boss of a major Macau junket investor, is now the controlling shareholder of casino backer Summit Ascent Holdings Ltd. The move came after...

RWG biz normal despite nearby lockdown: firm

Oct 15, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Malaysia’s only casino complex, Resorts World Genting (RWG), located in an upland area near the country’s capital Kuala Lumpur, says it “remains open as usual” despite the reintroduction of...

A China law on overseas gambling more junket woe says rep

Oct 14, 2020 Newsdesk Latest News, Macau, Top of the deck

China’s move to criminalise any efforts to organise and solicit mainland residents for the purposes of gambling abroad, is “definitely not good news” for Macau’s junket sector, said Luiz...

Four Seasons Macao suites tower launches without fanfare

Oct 14, 2020 Newsdesk Latest News, Macau, Top of the deck

Four Seasons Hotel Macao’s new all-suite tower – luxury accommodation next door to the Venetian Macao casino resort on Cotai – is now open, according to a Tuesday press release from Macau...

Perelman entities sell US$55mln in Sci Games stock

Oct 14, 2020 Newsdesk Latest News, Macau, Top of the deck

Entities controlled by Scientific Games Corp’s former executive chairman Ronald Perelman disposed on Monday of just over 1.96 million shares in the gaming equipment supplier, at an agreed price of...

TransAct to offer new shares to cover corporate costs

Oct 14, 2020 Newsdesk Latest News, Top of the deck, World

TransAct Technologies Inc, a supplier of casino slot machine printers and food safety monitoring equipment for commercial catering, stated in a Tuesday filing in the United States that it planned to...

Yokohama to have fresh RFC for its casino tilt

Oct 14, 2020 Newsdesk Japan, Latest News, Top of the deck

Authorities in the Japanese city of Yokohama (pictured) said on Tuesday that they would conduct a fresh request-for-concept (RFC) phase in the community’s tilt at getting a casino resort. The...

MGM China parent completes US$750mln note offer

Oct 14, 2020 Newsdesk Latest News, Macau, Top of the deck, World

The parent of Macau casino operator MGM China Holdings Ltd has completed issuance of US$750 million in 4.750-percent senior notes due in 2028. United States-based MGM Resorts International said in a...

China to criminalise luring its gamblers abroad: report

Oct 13, 2020 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

An amendment to mainland China criminal law – including a fresh targeting of “cross-border” gambling activities – was undergoing a second reading on Tuesday by the country’s...

Kangwon Land restarts casino operations on limited basis

Oct 13, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Kangwon Land Inc, the promoter of Kangwon Land (pictured in file photo), the only casino resort in South Korea where the country’s nationals are allowed to gamble, has resumed operation of its...