GGRAsia – Newsdesk

Minority parties table Thai law amendment for casinos

May 20, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck

A number of minority political parties in Thailand has submitted a draft amendment to the country’s Gambling Act, with the aim of legalising land-based casinos and online gambling, reported on...

Melco to launch new family attraction at Studio City in June

May 19, 2022 Newsdesk Latest News, Macau, Top of the deck

Casino operator Melco Resorts and Entertainment Ltd announced on Thursday that it would launch at the end of June a new, themed zone for “family-friendly” entertainment at its majority-owned...

Andrew Lo takes controlling stake in Suncity, Summit Ascent

May 19, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck

Andrew Lo Kai Bong (pictured), a senior executive at Hong Kong-listed casino investor Suncity Group Holdings Ltd, acquired controlling shares in the firm with effect from May 13, according to...

Okada Manila chair Manuel Lazaro dies aged 87

May 19, 2022 Newsdesk Latest News, Philippines, Top of the deck

The Okada Manila casino resort in the Philippine capital says its chairperson, Manuel Lazaro, has died aged 87. According to Thursday’s statement, he was an adviser to Ferdinand Marcos Snr during...

Bloomberry plans 3rd Philippine casino, coastal near Manila

May 19, 2022 Newsdesk Latest News, Philippines, Top of the deck

Bloomberry Resorts Corp wants to build a third casino resort on the Philippines’ main island, Luzon. It would be at Paniman, a coastal community in Cavite, about 66 kilometres (41 miles) southwest...

U.S. claim Steve Wynn China agent is hype says Beijing

May 19, 2022 Newsdesk Latest News, Macau, Top of the deck, World

A Chinese Foreign Ministry senior official said on Wednesday that the United States’ move to label casino entrepreneur Steve Wynn as an “agent” of China, was “based on nothing but hearsay...

Aristocrat 1H normalised profit up 41pct, flags dividend

May 19, 2022 Newsdesk Industry Talk, Latest News, Top of the deck

Slot machine maker and online gaming content provider Aristocrat Leisure Ltd reported interim normalised profit after tax and amortisation that rose 40.9 percent year-on-year, to AUD580.1 million...

Macau gaming tax revenue US$1.3bln for Jan-Apr period

May 19, 2022 Newsdesk Latest News, Macau, Top of the deck

The Macau government collected just under MOP10.21 billion (US$1.3 billion) in fiscal revenue from direct taxes on gaming in the first four months of this year, according to the latest data...

New Lim cruise biz only months after GEN HK in liquidation

May 18, 2022 Newsdesk Latest News, Singapore, Top of the deck

A casino cruise brand reportedly controlled by Malaysian entrepreneur Lim Kok Thay is to launch services from Singapore fewer than five months after the Lim family-founded Dream Cruises brand of the...

Kangwon drove 2021 S.Korea casino revenue growth: govt

May 18, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck

Gambling revenue in South Korea’s casino market rose by 13.3 percent year-on-year in 2021, to KRW1.18 trillion (US$931.0 million), from KRW1.04 trillion in 2020, according to data from the Ministry...