GGRAsia – Rest of Asia

Hoiana official opening scheduled for 2H 2021: UBS

Jan 25, 2021 Newsdesk Latest News, Macau, Philippines, Rest of Asia, Top of the deck

Brokerage UBS Securities Asia Ltd says in a recent note that the official opening for the Hoiana resort (pictured in an artist’s rendering), a Vietnam casino complex, is now planned for the second...

Casino op Silver Heritage gets new board of directors

Jan 25, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck, World

The administrators of Australia-listed casino operator Silver Heritage Group Ltd said in a Friday filing that they had “returned” control of the company to a new slate of directors, following the...

Mohegan seeks govt nod to delay Inspire opening

Jan 22, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

The promoter of the Inspire Entertainment Resort in South Korea has officially submitted a request to the local government to postpone the opening of the scheme to 2023, a spokesperson confirmed on...

Half Kangwon Land staff on mandatory leave until Jan 31

Jan 22, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Kangwon Land Inc, operator of Kangwon Land (pictured), the only casino resort in South Korea permitted to offer bets to locals, has confirmed to GGRAsia that since December 29, approximately half its...

RWG shut Jan 22 to Feb 4 amid Malaysia lockdown

Jan 21, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

The Resorts World Genting (RWG) casino complex in Malaysia will be “temporarily closed” from Friday (January 22) until February 4, because of a so-called movement control order during that...

Casino op Silver Heritage to issue 53mln new shares

Jan 18, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Australia-listed casino operator Silver Heritage Group Ltd said in a Monday filing it would raise just over AUD530,000 (US$406,492) in cash, by issuing slightly more than 53 million new, ordinary...

Grand Korea extends Seoul, Busan casino closures to Feb 1

Jan 18, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, said on Monday (January 18) its two Seoul venues and one Busan site will stay closed until 9am, on February...

Malaysia Covid outlook negative to Genting Bhd: Moody’s

Jan 15, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

The “deteriorating situation” in Malaysia regarding Covid-19 is a “credit negative” for Genting Bhd, the parent of a number of casino businesses around the world, says a Thursday note from...

Police find US$11m of missed Landing cash, suspects sought

Jan 14, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Police on Jeju island, South Korea, say they have recovered about KRW12 billion (US$10.9 million) in cash from what was initially thought to have been a KRW14.56-billion theft from casino investor...

RWG cuts capacity, offerings amid Malaysia partial lockdown

Jan 13, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Malaysian casino complex Resorts World Genting (RWG) at Genting Highlands near the nation’s capital Kuala Lumpur, said in a notice that it would reduce its capacity and temporarily suspend some...