GGRAsia – Rest of Asia

Rest of Asia

Macau junket business growth fastest overseas: MS

Feb 22, 2019 Newsdesk Latest News, Macau, Philippines, Rest of Asia, Top of the deck

Junket brands that have made their names by managing Chinese VIP players in the Macau casino market are now seeing their high-roller business overseas growing at a faster rate than in the core...

Suncity listco in Busan cooperation deal with Paradise Co

Feb 22, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Suncity Group Holdings Ltd, a Hong Kong-listed vehicle controlled by Macau casino junket investor Alvin Chau Cheok Wa, said on Thursday that a wholly-owned subsidiary had that day signed a...

Paradise Co 4Q loss increases, full-year deficit narrows

Feb 20, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Paradise Co Ltd, an operator of foreigner-only casinos in South Korea, reported a fourth-quarter loss that narrowed compared to the deficit in the equivalent quarter in 2017. The loss for the three...

Landing’s Jeju casino hosting Triton Poker tour stop

Feb 18, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino resort Jeju Shinhwa World, on South Korea’s Jeju Island, is to host in March the first stop of Triton Poker’s 2019 Super High Roller Series, announced the event organiser. Jeju Shinhwa...

No local Vietnam players at Hoiana launch: Suncity

Feb 15, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

A “soft opening” in October this year is intended for the first phase of a multibillion-U.S.-dollar casino resort complex called “Hoiana” on Vietnam’s central coast, GGRAsia has learned...

Novomatic, IPG sign distribution agreement for Asia Pacific

Feb 15, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Austria-based gaming equipment maker and operator Novomatic Group says it has signed a distribution agreement with Australia-based Indo Pacific Gaming (IPG). Under the deal, the latter company will...

Kangwon Land’s 4Q profit slumps as gaming rev declines

Feb 14, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Profit at Kangwon Land Inc, the operator of South Korea’s only casino resort open to locals, fell by 75.8 percent year-on-year in the three months to December 31, pressured by a decline in gaming...

NagaCorp 2018 profit up 53pct, fuelled by VIP performance

Feb 14, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed casino operator and developer NagaCorp Ltd posted a 53.1 percent year-on-year increase in net profit for full calendar 2018, to US$390.6 million. The growth was fuelled by a...

S. Korea casino op GKL sees 4Q 2018 net income halved

Feb 11, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

South Korea’s Grand Korea Leisure Co Ltd (GKL), an operator of foreigner-only casinos in that country, said its fourth-quarter net income fell by 51.8 percent year-on-year to approximately...

Tak Chun VIP at Cambodia’s NagaWorld this month: junket

Feb 11, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Tak Chun Group, a leading Macau investor in gambling junkets, is preparing to open a VIP gaming club at the NagaWorld casino resort complex (pictured) in Phnom Penh, Cambodia’s capital. “Our VIP...