GGRAsia – World

World

Board shuffle at casino group Crown Resorts

Jan 24, 2020 Newsdesk Latest News, Top of the deck, World

Australian casino operator Crown Resorts Ltd – currently facing an inquiry about its suitability to hold a New South Wales gaming licence – announced on Friday some changes to its board and...

Lawrence Ho, James Packer to attend Crown NSW probe

Jan 21, 2020 Newsdesk Latest News, Top of the deck, World

Lawrence Ho Yau Lung, chairman and chief executive of Asian casino operator Melco Resorts and Entertainment Ltd, and James Packer, a founder and shareholder in Australian casino firm Crown Resorts...

Crown inquiry over licence suitability to start Jan 21

Jan 17, 2020 Newsdesk Latest News, Top of the deck, World

The gaming regulator in New South Wales says the first hearing of an investigation on whether casino firm Crown Resorts Ltd breached its gaming licence for its Barangaroo project in that Australian...

MGM Grand, Mandalay deal aids cash for Japan: Murren

Jan 15, 2020 Newsdesk Japan, Latest News, Top of the deck, World

A joint venture between real estate investment trusts (REITs) MGM Growth Properties LLC and an affiliate of the Blackstone Group Inc is to acquire control of two Las Vegas Strip resorts – MGM Grand...

Wynn CEO Maddox has contract extended to end 2022

Dec 18, 2019 Newsdesk Latest News, Macau, Top of the deck, World

Matt Maddox, chief executive of Wynn Resorts Ltd, has had his existing contract extended to the end of 2022, despite one of the casino group’s regulators having fined him earlier this year and...

S. Wynn lawyers again say Nevada has no legal hold on him

Dec 11, 2019 Newsdesk Latest News, Top of the deck, World

Attorneys for deposed casino entrepreneur Steve Wynn (pictured in a file photo) have again called for Nevada regulators to dismiss the notion that the state still has a disciplinary hold over him...

Mark Brown quits Saipan casino op a second time: report

Dec 11, 2019 Newsdesk Latest News, Top of the deck, World

Former Macau gaming executive Mark Brown (pictured in a file photo) has left Saipan casino operator Imperial Pacific International (IPI) LLC for a second time in two years, reports the Marianas...

75pct of Resorts World Las Vegas rev to be non-gaming: exec

Dec 10, 2019 Newsdesk Latest News, Top of the deck, World

Management at the under-construction Resorts World Las Vegas casino resort expects that after launch around three quarters of overall property revenue will be generated by non-gaming sources. That is...

Far East group mulls spin-off of hospitality assets

Nov 29, 2019 Newsdesk Latest News, Top of the deck, World

Hong Kong-listed property developer Far East Consortium International Ltd announced on Thursday that it is considering a “potential spin-off and separate listing” on an overseas bourse of some...

S. Wynn to pay former firm US$20mln under lawsuit deal

Nov 28, 2019 Newsdesk Latest News, Top of the deck, World

Former casino entrepreneur Steve Wynn is to pay US$20 million to Wynn Resorts Ltd – the casino group he founded – as part of a settlement in a “consolidated derivative lawsuit”. A further...