GGRAsia – Latest News

Akimoto released after posting US$273k bail

Feb 13, 2020 Newsdesk Japan, Latest News, Top of the deck

Japanese politician Tsukasa Akimoto, a supporter of the legalisation of casino resorts in that country, was released from custody on Wednesday after providing JPY30 million (US$272,963) in bail,...

Flat January GGR at Okada Manila, but EGMs do well

Feb 13, 2020 Newsdesk Latest News, Philippines, Top of the deck

The promoter of the Okada Manila casino resort (pictured) in the Philippine capital said the property’s total January gross gaming revenue (GGR) was almost flat year-on-year. Such GGR was...

GEN Singapore pessimistic on 1H2020, 2019 profit down

Feb 12, 2020 Newsdesk Coronavirus Crisis, Latest News, Singapore, Top of the deck

Genting Singapore Ltd, the operator of the Resorts World Sentosa casino resort (pictured) in Singapore, said in a filing on Wednesday it was “generally pessimistic about the outlook for the first...

Donaco flags layoffs as coronavirus hits Vietnam biz

Feb 12, 2020 Newsdesk Coronavirus Crisis, Latest News, Rest of Asia, Top of the deck

Donaco International Ltd, an Australia-listed boutique operator of casinos in Indochina, has announced lay-offs and unpaid leave for staff in February at its Aristo International Hotel (pictured)...

Regional casino risk lingers amid coronavirus: Union Gaming

Feb 12, 2020 Newsdesk Coronavirus Crisis, Latest News, Rest of Asia, Top of the deck

Regional casino business in Asia Pacific has an “elevated profile risk” until such time as there is “greater clarity” on the global outbreak of a novel coronavirus, said a Tuesday note from...

Ent City 2019 GGR up 17pct, 4Q junket dip: Pagcor

Feb 12, 2020 Newsdesk Latest News, Philippines, Top of the deck

The Philippine gaming regulator said that total 2019 gross gaming revenues (GGR) for all casinos in the country rose 15.4 percent to nearly PHP216.39 billion (US$4.28 billion), from PHP187.54 billion...

Resorts World Sentosa worker infected with coronavirus

Feb 12, 2020 Newsdesk Coronavirus Crisis, Latest News, Singapore, Top of the deck

A worker at the casino in Resorts World Sentosa has been confirmed as infected with the novel coronavirus, a disease now officially known as Covid-19, said on Tuesday the health authorities in...

Strong chance Macau casino shutdown extended: Bernstein

Feb 11, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

There is a “strong possibility” of an “extension of the shutdown order” that has temporarily been imposed on Macau casinos to try to stop local infection spread in the wake of the...

S.Korea casino op GKL sees 2019 profit dip 7pct

Feb 11, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Annual profit at South Korea’s Grand Korea Leisure Co Ltd (GKL) – an operator of foreigner-only casinos in that country – fell 6.9 percent to just under KRW72.40 billion (US$61.2 million). That...

Kangwon Land 2019 profit up 13pct on improved sales

Feb 11, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Kangwon Land Inc, the operator of the only casino resort in South Korea where the country’s nationals are allowed to gamble, says its full-2019 net profit rose by 12.7 percent in year-on-year...