GGRAsia – Rest of Asia

Rest of Asia

GEN Malaysia will easily weather any tax hike, say brokers

Oct 18, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Markets have priced in any increase to Malaysia’s gaming tax – if it is to occur – meaning gaming stocks, such as Genting Malaysia Bhd, continue to show upside, according to new research from...

S. Korea’s GKL Sept casino sales down 11pct

Oct 18, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

South Korean casino operator Grand Korea Leisure Co Ltd (GKL) reported a slight decline in sales in September. The company last week reported casino sales of approximately KRW42.42 billion (US$37.5...

Delta Corp’s quarterly EBITDA beat consensus: analyst

Oct 18, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Delta Corp Ltd, India’s only listed gaming company, reported net revenue of nearly INR2.10 billion (US$28.5 million) for the three months to September 30, up 36 percent from the prior-year period....

Tigre de Cristal to add more rooms next summer: COO

Oct 16, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

The operator of the Tigre de Cristal casino resort (pictured) in the Russian Far East will be adding a number of villas and serviced apartments to the property next summer, the firm’s chief...

Sihanoukville not yet top casino ops target: experts

Oct 16, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

The Cambodian province of Sihanoukville is still not a destination for first-tier gaming operators from around the world, despite recently attracting much Chinese capital for creation of hotel...

Amax supporting chairman’s Cambodia casino scheme

Oct 12, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed gaming investment business Amax International Holdings Ltd says it has agreed to provide “technical and pre-opening services” regarding a casino project in Sihanoukville,...

Mohegan Sun in Live Nation concert deal for Korea resort

Oct 11, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

U.S. regional tribal casino operator Mohegan Gaming and Entertainment, known as Mohegan Sun, has announced a “multi-year partnership” with concert promoter Live Nation Entertainment, for a casino...

S. Korea’s Paradise Co casino revenue up slightly in Sept

Oct 04, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino revenue at South Korea’s foreigner-only casino operator Paradise Co Ltd rose 0.9 percent year-on-year in September, according to a Thursday filing by the company to the Korea Exchange. Such...

Suncity seals deal to set up and run Cambodian casino

Oct 03, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Macau gambling junket boss Alvin Chau Cheok Wa’s Suncity Group Holdings Ltd says it has a deal to set up and run a casino in a resort in the Cambodian province of Sihanoukville. Suncity Group...

Without a boss, Landing Intl in dark about stock movements

Oct 03, 2018 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

Casino resort investor Landing International Development Ltd says it cannot account for unusual movements in the price of its stock on Tuesday and unusual volumes of the stock traded. The company...