GGRAsia – World

Imperial Pacific unit sues clients for US$13mln: report

Jun 21, 2018 Newsdesk Latest News, Top of the deck, World

A unit of Hong Kong-listed casino investor Imperial Pacific International Holdings Ltd is suing 13 clients for an aggregate of US$12.75 million it claims they collectively owe it. The suits have been...

Ex-MBS exec to run upstate New York casino: report

Jun 19, 2018 Newsdesk Industry Talk, Latest News, Top of the deck, World

Del Lago Resort and Casino in New York state in the United States, has appointed Mark Juliano, a former executive of Marina Bay Sands in Singapore, as its general manager. Del Lago issued a statement...

Universal group rejig to bar Okada from its casino biz

Jun 19, 2018 Newsdesk Japan, Latest News, Top of the deck, World

Gaming conglomerate Universal Entertainment Corp is moving with what it calls “an intra-group organisational realignment” in order to prevent regulatory action against its casino-related...

MGM Resorts doubles size of senior note offer to US$1bln

Jun 15, 2018 Newsdesk Latest News, Top of the deck, World

U.S.-based casino operator MGM Resorts International is doubling the size of a public offering for senior notes. It is now offering US$1 billion of the 5.750-percent unsecured senior notes –...

IGT strikes new licensing deal for social games

Jun 14, 2018 Newsdesk Latest News, Top of the deck, World

Gaming equipment manufacturer International Game Technology Plc (IGT) and social casino games developer FlowPlay Inc have struck a cross-licensing deal. The deal will see FlowPlay develop games with...

Imperial Pacific pledges Saipan project completion: exec

Jun 11, 2018 Newsdesk Latest News, Top of the deck, World

The owners of Imperial Pacific International Holdings Ltd are fully committed to realising the permanent casino resort the group has pledged to build on the Pacific island of Saipan, said Lu Hou Tsai...

Melco Int to launch temporary Cyprus casino June 28

Jun 11, 2018 Newsdesk Latest News, Top of the deck, World

A temporary casino presaging the Melco International Development Ltd-led City of Dreams Mediterranean (pictured in an artist’s rendering) in the Republic of Cyprus is to open on June 28. So said...

LVS increases term loan, ups size of share buyback scheme

Jun 08, 2018 Newsdesk Latest News, Top of the deck, World

Las Vegas Sands Corp says it will increase the size of a term loan by about US$1.35 billion, in part to fund its share buyback programme. In a statement issued on Thursday, the United States-based...

Caesars wants suppliers to meet ‘ambitious’ greenhouse cuts

Jun 07, 2018 Newsdesk Latest News, Trends & Tech, World

Caesars Entertainment Corp has set targets that should sharply reduce its greenhouse gas emissions as well as those of the companies it works with. In a Wednesday announcement, the U.S.-based gaming...

Freeman leaving American Gaming Association in July

Jun 05, 2018 Newsdesk Industry Talk, Latest News, Top of the deck, World

Geoff Freeman (pictured) is to step down in July as president and chief executive of the American Gaming Association (AGA), the body confirmed in an email to GGRAsia. The AGA is a leading lobby group...