GGRAsia – Rest of Asia

Rest of Asia

Jeju legislature in favour of Dream Tower casino transfer

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

A committee of Jeju island’s legislative council in South Korea passed on Thursday an agenda item considered mandatory before Lotte Tour Development Co Ltd can transfer its foreigner-only casino...

Chairman Lim aids GEN HK with US$8mln stake in yacht biz

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

The chairman of Malaysia’s Genting group, Lim Kok Thay, is to aid the balance sheet of casino cruise ship operator Genting Hong Kong Ltd to the tune of SGD10.6 million (US$7.9 million) by purchase...

Cambodia ministry against NagaCorp Angkor Wat scheme

Mar 24, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Cambodia’s Ministry of Culture and Fine Arts says that a US$350-million non-gaming resort near the UNESCO World Heritage site Angkor Wat (pictured), in Siem Reap, “cannot be implemented” in...

Russian casino op Summit Ascent yearly profit dips 88pct

Mar 24, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed Summit Ascent Holdings Ltd, the promoter of the Tigre de Cristal casino resort (pictured) in Vladivostok, Russia, says its 2020 profit fell 87.8 percent year-on-year, on gaming and...

Bobby Soper to lead Mohegan Gaming’s Asia efforts

Mar 24, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck, World

United States-based tribal casino operator Mohegan Gaming and Entertainment announced on Tuesday the appointment of Bobby Soper (pictured in a file photo) as the company’s...

Paradise Ent warns online fraudsters using boss, firm names

Mar 23, 2021 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

Hong Kong-listed casino equipment maker Paradise Entertainment Ltd warned in a Monday press release that its corporate logo and other materials – including the image and name of its chairman and...

Suncity listco says it expects US$115mln profit for 2020

Mar 23, 2021 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

Suncity Group Holdings Ltd says it expects to record a profit attributable to shareholders of about CNY750.4 million (US$115.3 million) for full-year 2020, despite a decrease in revenue for the...

GEN Malaysia further inputs to Empire possible: Nomura

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

Nomura banking group says there is “limited room” in the near term for casino investor Genting Malaysia Bhd to realise “further capital injections” into Empire Resorts Inc, an...

Crown Resorts receives US$6.2bln bid from Blackstone

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

Australian casino operator Crown Resorts Ltd says it received on Sunday “an unsolicited, non-binding and indicative proposal” from private equity management firm The Blackstone Group Inc, to...

GEN Malaysia fresh US$20mln cash input to Empire Resorts

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

Casino promoter Genting Malaysia Bhd said in a Friday filing it had agreed the previous day to subscribe for up to US$20 million of “Series L” preferred stock in United States-based casino...