GGRAsia – Latest News

Konami gaming segment posts loss for Apr-Jun period

Aug 06, 2020 Newsdesk Industry Talk, Latest News, Top of the deck

Konami Holdings Corp reported on Thursday a segmental loss for its gaming and systems division in the three months ended June 30. Such loss was JPY925 million (US$8.8 million), compared to a profit...

Yokohama mulls if IR estimates valid in Covid-19 world

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

A senior official in Yokohama (pictured), a Japanese city that has been courting private-sector investors in an effort to get a casino resort, says it plans to go back to those expressing interest in...

Aristocrat, Sci Games lead July AGEM Index monthly gain

Aug 06, 2020 Newsdesk Industry Talk, Latest News

The AGEM Index for stocks of major casino equipment suppliers increased by 13.55 points in July to 420.86 points, a 3.3-percent gain from June. Judged year-on-year, July’s index value was down 15.0...

TransAct slips to 2Q net loss, negative EBITDA

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

Casino technology and food safety equipment supplier TransAct Technologies Inc announced on Wednesday a net loss of just under US$1.9 million for the second quarter, compared to net income of...

Singapore casino expansion delay inevitable: tourism head

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

Singapore’s tourism boss said in an interview that it was “inevitable” there would be delays to the expansion of the city-state’s two casino resorts, due to the disruption to the construction...

Gaming supplier APE expects 1H loss to soar by 400pct-plus

Aug 06, 2020 Newsdesk Industry Talk, Latest News, Top of the deck

Hong Kong-listed Asia Pioneer Entertainment (APE) Holdings Ltd expects its first-half loss to soar by approximately 429 percent in year-on-year terms. It blames the anticipated performance on the...

MGTO nods licence, 4-star rating for Cotai hotel Lisboeta

Aug 05, 2020 Newsdesk Latest News, Macau, Top of the deck

The Macau government has given an operating licence and four-star rating to a hotel project next door to casino operator SJM Holdings Ltd’s soon-to-be-opened Grand Lisboa Palace gaming resort. The...

Paradise Co July casino revenue down 76pct y-on-y

Aug 05, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Paradise Co Ltd, an operator in South Korea of foreigner-only casinos, said in a Wednesday filing that its July casino revenue rose 26.3 percent judged month on month, though measured year-on-year...

Melco Resorts Finance extra US$350mln in senior notes

Aug 05, 2020 Newsdesk Latest News, Macau, Top of the deck

Melco Resorts Finance Ltd, a wholly-owned subsidiary of casino operator Melco Resorts and Entertainment Ltd, announced on Tuesday the pricing of its additional international offering of 5.750-percent...

Casino operator Donaco says close to hiring new CEO

Aug 05, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Australia-listed Donaco International Ltd, an operator of a border casino in Cambodia and another in Vietnam, says it is in the “final negotiation stages” for appointing a new chief executive. It...