The latest news on the gaming industry in Asia

Rest of Asia

Paradise Co May casino sales dip 51pct, but beat April

Paradise Co May casino sales dip 51pct, but beat April

Jun 03, 2020 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 May casino sales fell 51.2 percent year-on-year. Such sales were just under KRW29.80 billion...
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Outgoing Donaco CEO staying beyond June 4 to help out

Outgoing Donaco CEO staying beyond June 4 to help out

Jun 03, 2020 Latest News, Rest of Asia, Top of the deck  

Australia-listed casino operator Donaco International Ltd announced on Wednesday that its outgoing chief executive, Paul Arbuckle, will remain in post on a “month-to-month” basis beyond his...
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Suncity listco to pay US$160mln to up stake in Summit

Suncity listco to pay US$160mln to up stake in Summit

Jun 02, 2020 Latest News, Macau, Philippines, Rest of Asia, Top of the deck  

Hong Kong-listed Suncity Group Holdings Ltd has agreed to pay – via one of its units – about HKD1.24 billion (US$160.0 million) for some underwritten shares of Summit Ascent Holdings Ltd, the...
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Kangwon Land delays reopening of main casino floor

Kangwon Land delays reopening of main casino floor

May 28, 2020 Latest News, Rest of Asia, Top of the deck  

The promoter of Kangwon Land (pictured), the only casino resort in South Korea where the country’s nationals are allowed to gamble, has decided to postpone the reopening of the property’s main...
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Vietnam e-visa for Chinese, others from July 1: reports

Vietnam e-visa for Chinese, others from July 1: reports

May 27, 2020 Latest News, Rest of Asia, Top of the deck  

China, reportedly a key target market for supplying tourists to Vietnam’s casino industry, is among 80 countries whose passport holders will have an option from July 1 to apply for an...
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Vegas scheme drag on GEN parent amid Covid-19: Nomura

Vegas scheme drag on GEN parent amid Covid-19: Nomura

May 26, 2020 Latest News, Rest of Asia, Singapore, Top of the deck, World  

The standalone balance sheet of Malaysia’s Genting Bhd, the parent of a range of casino operating businesses in Asia-Pacific and beyond, is already “weaker” than previously, and the current...
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Genting Highlands theme park delay to 4Q 2021: analysts

Genting Highlands theme park delay to 4Q 2021: analysts

May 22, 2020 Latest News, Rest of Asia, Top of the deck  

The opening of an outdoor theme park at Resorts World Genting, Malaysia’s only casino resort complex (pictured), has been delayed by more than 12 months, to the fourth quarter 2021 from the third...
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GEN Malaysia theme park delay, posts US$96mln 1Q loss

GEN Malaysia theme park delay, posts US$96mln 1Q loss

May 22, 2020 Latest News, Rest of Asia, Top of the deck  

Casino operator Genting Malaysia Bhd reported on Thursday a net loss attributable to shareholders of nearly MYR418.0 million (US$96.0 million) for the first quarter of 2020, due to what it said was a...
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Silver Heritage lender appoints receivers, provides funding

Silver Heritage lender appoints receivers, provides funding

May 21, 2020 Latest News, Rest of Asia, Top of the deck  

Australia-listed boutique casino operator Silver Heritage Group Ltd announced on Wednesday that its main lender has appointed two people as receivers and managers of the company. The move comes...
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Former Macau casino exec Power joins Ho Tram in Vietnam

Former Macau casino exec Power joins Ho Tram in Vietnam

May 20, 2020 Latest News, Rest of Asia, Top of the deck  

Walt Power, a former Macau casino executive who was most recently a non-executive director of South Shore Holdings Ltd, has confirmed to GGRAsia his appointment as chief executive of the Ho Tram...
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