GGRAsia – World

Nevada approves bill for skill-based slot games

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

A legislative bill backed by Nevada’s gambling equipment manufacturers that would allow slot machines to add a skill-based, arcade-style element has been approved by both legislative houses in the...

IGT, GTech post loss in quarter before merger

May 14, 2015 Newsdesk Latest News, Top of the deck, World

U.S.-listed International Game Technology Plc reported its results for the three months ended March 31 under two separate headings: one for Italy-based lottery specialist GTech SpA and one for...

T. Rowe Price cuts its Wynn Resorts stake circa 40 pct

May 12, 2015 Newsdesk Latest News, Macau, Top of the deck, World

The largest individual shareholder in casino developer and operator Wynn Resorts Ltd has cut its stake in the casino company by almost 40 percent, according to a filing to Nasdaq on Monday. T. Rowe...

Caesars’ OpCo to let creditors see pre-bankruptcy deals

May 07, 2015 Newsdesk Latest News, Top of the deck, World

The bankrupt operating unit of casino company Caesars Entertainment Corp has agreed to grant creditors access to records via an independent examiner looking at pre-bankruptcy arrangements. But a...

Resorts World Las Vegas breaks ground, aims 2018 launch

May 06, 2015 Newsdesk Latest News, Top of the deck, World

Resorts World Las Vegas – described by the city’s media as the first 3,000-plus rooms casino property planned for the Nevada gambling hub in more than a decade – is due to open in mid-2018, it...

Genting Malaysia sets up aviation unit

May 04, 2015 Newsdesk Industry Talk, Latest News, World

Casino operator Genting Malaysia Bhd says that its indirect, wholly owned subsidiary Genting (USA) Ltd has itself incorporated a unit called RWB Aviation Ltd, for “dry lease of aircraft and...

Jacobs ‘tried to kill’ Sands China: Adelson

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

Sheldon Adelson, chairman and chief executive of Macau casino operator Sands China Ltd, on Tuesday told a Nevada court that he should have dismissed a former Sands China CEO, Steve Jacobs, sooner...

Wynn Resorts cuts dividend in 1Q as Macau EBITDA slumps

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

U.S.-based casino operator Wynn Resorts Ltd swung to a quarterly loss in the first three months of 2015 amid steep revenue declines in Macau. The company on Tuesday announced a 66.7 percent cut to...

Crane Co declares 2Q 2015 dividend

Apr 28, 2015 Newsdesk Industry Talk, Latest News, World

U.S.-based Crane Co, a supplier of payment and merchandising technology to the gaming industry, on Monday declared a second quarter 2015 dividend of US$0.33 per share. The dividend is payable on June...

Konami no longer trading in New York

Apr 27, 2015 Newsdesk Japan, Latest News, Top of the deck, World

Japan’s Konami Corp, a provider of slot machines and systems to the global gaming industry, on Monday announced that the voluntary delisting of its American Depositary Shares (ADSs) from the...