GGRAsia – Top of the deck

Aristocrat bound for U.S. real cash iGaming: JP Morgan

Sep 22, 2020 Newsdesk Latest News, Top of the deck, World

It is a “matter of when and how, not if” casino slot machine maker Aristocrat Leisure Ltd enters the iGaming market in the United States, says a Tuesday note from JP Morgan Securities Australia...

Campaign for tourists from Beijing gets Macau op support

Sep 22, 2020 Newsdesk Latest News, Macau, Top of the deck

Macau’s casino-resort brands are taking part in a short marketing campaign starting on Saturday (September 26) in China’s capital, Beijing, to attract its residents to visit the Special...

US$23mln follow-on offer of PH Resorts gets SEC initial ok

Sep 22, 2020 Newsdesk Latest News, Philippines, Top of the deck

PH Resorts Group Holdings Inc, a Philippine-listed firm controlled by local entrepreneur Dennis Uy, says it has obtained “pre-effective approval” from the country’s Securities and Exchange...

Macau Sept GGR vexes as visitor numbers rise: analysts

Sep 22, 2020 Newsdesk Latest News, Macau, Top of the deck

Average Macau daily casino gross gaming revenue (GGR) in the week from September 14 to 20 inclusive “was disappointing”, at MOP1.8 billion (US$225.5 million), despite an increase in visitor...

Macau August arrival tally up 207pct from July: govt

Sep 21, 2020 Newsdesk Latest News, Macau, Top of the deck

The August tally of visitor arrivals in Macau rose sharply compared to July, said a Monday announcement from the city’s Statistics and Census Service. The August numbers were 227,113, up 206.9...

Philippine casinos produced US$47mln GGR in 2Q: Pagcor

Sep 21, 2020 Newsdesk Latest News, Philippines, Top of the deck

The Philippine casino sector produced in the three months to June 30 just a small fraction of what it usually makes each quarter in terms of gross gaming revenue (GGR), according to data released...

Philippines better growth than Russia, says Summit Ascent

Sep 21, 2020 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

Hong Kong-listed casino investor Summit Ascent Holdings Ltd has explained in a Monday filing why more than half the expected proceeds from a nearly HKD1.64-billion (US$208.8-million) rights issue...

Golden Week GGR likely one-third 2019′s says SJM CEO

Sep 21, 2020 Newsdesk Latest News, Macau, Top of the deck

The Macau market’s casino gross gaming revenue (GGR) in the upcoming Golden Week may be only “30 to 35 percent” of that seen in the same holiday period a year ago, said Ambrose So Shu...

Tak Chun junket boss due for Macau Legend takeover offer

Sep 21, 2020 Newsdesk Latest News, Macau, Top of the deck

Interests controlled by Macau junket boss Levo Chan, chief executive of Tak Chun Group, are set to make a compulsory offer for roughly 29.2-percent of the shares of casino services and hotel firm...

Court ruling dismisses Okada’s appeal: Universal Ent

Sep 21, 2020 Newsdesk Japan, Latest News, Philippines, Top of the deck

The Tokyo High Court in Japan has dismissed an appeal by Japanese entrepreneur Kazuo Okada (pictured in a file photo) against a previous ruling ordering him to pay JPY21.3 million (US$203,927,...