GGRAsia – Rest of Asia

Genting Malaysia narrows loss 22pct sequentially in 3Q

Nov 27, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino operator Genting Malaysia Bhd narrowed its quarterly loss nearly 22 percent sequentially in the three months to September 30. Such loss was just over MYR704.6 million (US$173.2 million) in the...

APAC casino sector outlook brighter for 2021: Fitch

Nov 26, 2020 Newsdesk Japan, Latest News, Macau, Rest of Asia, Singapore, Top of the deck

The outlook for the casino gaming sector is in likelihood “improving” for 2021 after the huge pandemic-related disruption of this year, albeit gains are likely to be at different rates in...

Genting Highlands resort worker positive for Covid-19

Nov 26, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Malaysia’s only casino complex, Resorts World Genting, says one employee from the property’s security department tested positive for Covid-19 on Tuesday (November 24). The casino property...

1 in 5 Jeju casino staff lost job this year: scholar

Nov 24, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Twenty percent of casino workers on Jeju island in South Korea had lost their job this year due to the disruption to local tourism caused by the Covid-19 crisis, and a “tsunami” of further job...

Jeju Dream Tower hotel open Dec 18: promoter

Nov 24, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Jeju Dream Tower, a new resort due to have a foreigner-only casino and which is located downtown in the capital of the South Korean holiday island of Jeju, is to open on December 18, the...

Seoul casinos paused Nov 24 amid virus uptick

Nov 23, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

All casinos in South Korea’s Seoul metropolitan area, including Incheon, are required with effect from 12am on Tuesday (November 24) to suspend operation due to an uptick in Covid-19 cases in that...

Cambodia casino law reasonable on tax: NagaCorp chair

Nov 23, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

The chairman of Hong Kong-listed Cambodian casino operator NagaCorp Ltd has told GGRAsia the firm is “pleased” that a “a reasonable approach continues with the new law” on casino gaming in...

HK-Singapore travel bubble delayed at least 2 weeks

Nov 23, 2020 Newsdesk Latest News, Rest of Asia, Singapore, Top of the deck

A planned air-travel “bubble” between Singapore and Hong Kong that had been due to start on Sunday, has been postponed for at least two weeks, due to new Covid-19 cases being detected in Hong...

Angkor Wat plan credit negative for NagaCorp: Moody’s

Nov 19, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

A plan by casino developer NagaCorp Ltd to develop a US$350-million non-gaming resort near the UNESCO World Heritage site Angkor Wat, in Siem Reap, Cambodia, was a “credit negative” for the firm...

Seoul casinos to go ‘20pct capacity’ amid virus spike

Nov 18, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

All casinos in South Korea’s Seoul metropolitan area, including Incheon, are required with effect from 12am on Thursday (November 19) to limit the number of guests to 20 percent of each...