GGRAsia – Rest of Asia

Casino sales at S. Korea’s GKL dip 76pct in August

Sep 03, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino sales in August at Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, fell 10.1 percent from July, and declined 75.9 percent judged year-on-year, the firm...

Suncity listco shareholders nod upped stake in Summit

Sep 03, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed Suncity Group Holdings Ltd announced on Wednesday that its shareholders overwhelmingly approved the deal for the company to acquire some underwritten shares of Summit Ascent Holdings...

Paradise City casino staying shut until Sept 7

Sep 03, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

The foreigner-only casino (pictured) at the Paradise City gaming resort, near Incheon International Airport in South Korea, is to remain closed until 6am on Monday (September 7), compared to a...

Donaco says Lee Bug Huy new CEO, appoints board members

Sep 03, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Donaco International Ltd, an operator of border casinos in Southeast Asia, says it has appointed Lee Bug Huy as the group’s new chief executive, effective on Thursday (September 3). The executive...

Cambodia official reiterates casinos barred near Angkor Wat

Sep 02, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

A Cambodian government official has reiterated that casino developments are not permitted in the “area” of Angkor Wat (pictured), in Siem Reap, which gives its name to a city and province in...

Paradise City temporarily shut due to Covid-19 case

Sep 02, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

All facilities at the Paradise City casino resort (pictured) near Incheon International Airport in South Korea – including its gaming venue – have been shuttered “temporarily”...

Genting HK sells Zouk club group to Lim Kok Thay son

Sep 02, 2020 Newsdesk Latest News, Rest of Asia, Singapore, Top of the deck

Financially-pressured casino cruise ship operator Genting Hong Kong Ltd says it is selling nightclub and restaurant operator Zouk Group to an offspring of the Genting brand’s Malaysian...

Donaco narrows fiscal year loss, warns tough times ahead

Sep 01, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Donaco International Ltd, an operator of border casinos in Southeast Asia, significantly narrowed its fiscal-year loss as of June 30, to just above AUD58.9 million (US$43.7 million), from AUD198.0...

Kangwon Land extends current casino closure to Sept 7

Aug 31, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Kangwon Land Inc, the promoter of Kangwon Land (pictured), the only casino resort in South Korea where the country’s nationals are allowed to gamble, has extended until 6am on September 7, the...

Hoaina hotel rooms in phases as Suncity listco reports GGR

Aug 31, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Suncity Group Holdings Ltd says the hotel rooms at the Hoiana casino resort scheme in Vietnam “will be rolled out in phases according to the demand of the market,” amid the impact of Covid-19....