GGRAsia – Rest of Asia

Rest of Asia

Jeju might bar casino licence transfers: reports

Sep 14, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

The governor of South Korea’s holiday island of Jeju, Won Hee-ryong, has said he would support a legislative amendment to halt the transfer of casino licences between properties, according to local...

S. Korea’s GKL August casino sales up 22pct

Sep 13, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

South Korean casino operator Grand Korea Leisure Co Ltd (GKL) posted strong sales in August. The company on Wednesday reported casino sales of approximately KRW50.7 billion (US$45.3 million) for that...

Genting Hong Kong to cruise outside Asia next year

Sep 13, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Gaming cruise operator Genting Hong Kong Ltd will add another ship to its Dream Cruises fleet, the company announced on Wednesday. Genting Hong Kong says the Explorer Dream displaces 75,338 gross...

Silver Heritage refinance makes Nepal ramp easier: CEO

Sep 13, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Boutique casino operator Silver Heritage Group Ltd says the early repayment of some bonds without financial penalty, and the pledging of AUD13.1 million (US$9.3 million) in fresh capital from...

Paradise City concludes phase one US$1.4bln investment

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

The promoter of the Paradise City casino resort (pictured) at Incheon, South Korea, says the second stage of phase one featuring new non-gaming facilities, will open on September 21, marking an...

Ramada hotel to open at Vietnam’s Ho Tram in 2019

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

Hotel operator Wyndham Hotels and Resorts Inc says it will open “in late 2019” a Ramada-branded hotel at the Ho Tram Strip, a beachside Vietnam casino resort and real estate project. The Ramada...

Landing Intl still can’t reach chairman: firm

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

Casino resort investor Landing International Development Ltd says it still can’t reach the firm’s chairman, Yang Zhihui. The Hong Kong-listed firm said in an August filing that it had...

Summit Ascent new director has Macau, Fujian links

Sep 10, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed Summit Ascent Holdings Ltd, the lead developer of the Tigre de Cristal casino resort (pictured) in the Russian Far East, has appointed as a non-executive director a businessman with...

Silver Heritage confirms US$9.3mln from share offers

Sep 10, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Asian casino operator Silver Heritage Group Ltd says it has been pledged AUD13.1 million (US$9.3 million) in capital support from existing and new investors via respective institutional and retail...

China lottery new rules hint offline sales red tape cut

Sep 07, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

An updated version of China’s regulations concerning the country’s official lottery, effective from October 1 onward, aims to reduce red tape for the authorisation of offline sales of...