GGRAsia – World

World

Jack Lam firm reveals Crown Perth junket arrangement

Feb 03, 2015 Newsdesk Latest News, Macau, Top of the deck, World

Jimei International Entertainment Group Ltd – chaired by one of Macau’s most experienced casino junket executives – says it has entered into an “arrangement” with Crown Perth for its...

Strong Singapore, poor Macau: LVS 4Q results

Jan 29, 2015 Newsdesk Latest News, Macau, Singapore, Top of the deck, World

U.S.-based casino operator Las Vegas Sands Corp posted a net income increase of 25 percent in the fourth quarter of 2014, to U$721.3 million, in comparison with the prior-year period, the company...

Scientific Games selects Las Vegas for global base

Jan 27, 2015 Newsdesk Industry Talk, Latest News, Top of the deck, World

Scientific Games Corp is relocating its global corporate headquarters and establishing its gaming division’s primary U.S. manufacturing operations at its existing facilities in Las Vegas, Nevada....

180-plus exhibitors for Australasian Gaming Expo

Jan 21, 2015 Newsdesk Industry Talk, Latest News, World

The three-day Australasian Gaming Expo will open on August 11, featuring more than 180 exhibitors across 15,600 square metres (168,000 sq. feet) of exhibition space, event owner and operator the...

Summit Ascent buying EGMs for Russian casino

Jan 21, 2015 Newsdesk Latest News, Top of the deck, World

A subsidiary of Summit Ascent Holdings Ltd, a firm controlled by Macau casino investor Lawrence Ho Yau Lung (pictured), has entered into an agreement to purchase electronic gaming machines (EGMs) for...

Caesars OpCo files in Chicago for bankruptcy

Jan 15, 2015 Newsdesk Latest News, Top of the deck, World

Caesars Entertainment Operating Co Inc (CEOC), a unit of Las Vegas-based casino operator Caesars Entertainment Corp, on Thursday voluntary filed for bankruptcy. The request for reorganisation under...

Most exit rights shares still in GTech’s hands

Jan 14, 2015 Newsdesk Industry Talk, Latest News, World

A total of 0.3 percent of shares recently sold back to GTech SpA by stockholders wishing to cash out have been taken up by remaining current investors. Investors in the Italy-based specialist in...

Caesars OpCo bankers asked to nod rejig deal

Jan 13, 2015 Newsdesk Latest News, Top of the deck, World

Caesars Entertainment Operating Co Inc (CEOC), a subsidiary of casino group Caesars Entertainment Corp, on Monday announced it is now asking holders of its bank debt to agree formally on a...

Regulator rethink could give Genting second bite at NY

Jan 12, 2015 Newsdesk Latest News, Top of the deck, World

The casino regulator in New York state, in the United States, has decided to revisit in part its December decision on new casino licences for upstate New York. The move might give Genting Malaysia...

Bondholders ok Caesars’ reorganisation

Jan 12, 2015 Newsdesk Latest News, Top of the deck, World

The Caesars group restructuring plan is going ahead after gaining support from more than 60 percent of its operating division’s senior debt holders. Caesars Entertainment Corp and subsidiary...