GGRAsia – Top of the deck

Top of the deck

Ex MGM bosses hired for Genting Las Vegas resort: report

Sep 13, 2019 Newsdesk Latest News, Top of the deck, World

Three former executives of U.S.-based casino operator MGM Resorts International are among five managers hired to help run Resorts World Las Vegas (pictured in an artist’s rendering), the entry...

Macau CE-designate pledge to solve gaming rights issues

Sep 12, 2019 Newsdesk Latest News, Macau, Top of the deck

Macau’s Chief Executive-designate Ho Iat Seng (pictured in a file photo) has said during a visit to Beijing – where he met President Xi Jinping and other state leaders – that amendment...

Mass play to buffer VIP biz negatives: Sands China COO

Sep 12, 2019 Newsdesk Latest News, Macau, Top of the deck

The president and chief operating officer of Macau casino firm Sands China Ltd, Wilfred Wong Ying Wai (pictured), says the company expects a “more stable result” for its balance sheet in the...

No surprise if Grand Lisboa Palace cost rises: Bernstein

Sep 12, 2019 Newsdesk Latest News, Macau, Top of the deck

Brokerage Sanford C. Bernstein Ltd says it would “not be shocked” were the opening of Macau casino resort Grand Lisboa Palace (pictured) to be pushed back, within the framework of the second-half...

Court hearing over LVS Macau licence adjourned

Sep 12, 2019 Newsdesk Latest News, Macau, Top of the deck

The first hearing of a case brought against Las Vegas Sands Corp over its Macau gaming licence, which was due to start this week at Macau’s Court of First Instance, has been adjourned, GGRAsia has...

Wynn Resorts up to US$2.6bln fresh funding, group rejig

Sep 12, 2019 Newsdesk Latest News, Macau, Top of the deck, World

United States-based casino operator Wynn Resorts Ltd announced on Wednesday it was arranging up to US$2.6 billion in fresh funding and at the same time restructuring the business so that an entity...

Okada Manila casino GGR up 72pct in August

Sep 12, 2019 Newsdesk Latest News, Philippines, Top of the deck

The promoter of the Okada Manila casino resort (pictured) in the Philippine capital said the property’s total August gross gaming revenue (GGR) rose 72 percent year-on-year. Such GGR was just...

Silver Heritage exploring funding other than Nepal sale

Sep 11, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Boutique Asian casino operator Silver Heritage Group Ltd says it is continuing to negotiate with the entrepreneur seeking to acquire its Nepal operations, but “on a non-exclusive basis”, as the...

Macau gaming performance to improve in 2020: Grant Bowie

Sep 11, 2019 Newsdesk Latest News, Macau, Top of the deck

The chief executive of Macau-based casino operator MGM China Holdings Ltd, Grant Bowie (pictured in a file photo), says the performance of the Macau gaming market is likely to improve in 2020, after...

Asia Pacific casino host economies hit by trade war: Fitch

Sep 11, 2019 Newsdesk Latest News, Macau, Philippines, Singapore, Top of the deck

Economic activity across the Asia-Pacific region “continues to weaken on softening global demand and uncertainty associated with the escalation of the United States-China trade war,” says a...