GGRAsia – Newsdesk

Macau ETGs on rise despite lurking fears of govt cap

Jun 04, 2014 Newsdesk Features, Latest News, Macau, Top of the deck

The number of electronic table games (ETG) seats in the Macau market could grow by more than 60 percent in the next three years estimates Union Gaming Research Macau Ltd. The research house said in...

Universal’s Okada faces new criminal complaint

Jun 04, 2014 Newsdesk Latest News, Philippines, Top of the deck

A former employee of Universal Entertainment Corp has filed a criminal complaint against the firm’s founder, Japanese billionaire Kazuo Okada. In the complaint, Takafumi Nakano alleges Mr Okada...

CEO change to capitalise on strategic opportunities: Bally boss

Jun 04, 2014 Newsdesk Industry Talk, Latest News, Top of the deck

Richard Haddrill (pictured, second from left), the new boss of Bally Technologies Inc, says the company changed chief executive to take “advantage of strategic opportunities” opened by the...

Budget boost for Melco Crown’s Studio City

Jun 03, 2014 Newsdesk Latest News, Macau, Top of the deck

The budget for Studio City casino resort in Cotai has been raised by US$300 million, to US$2.3 billion, an increase of 15 percent, majority owner Melco Crown Entertainment Ltd announced. The figure...

Sands China leads Macau market in May

Jun 03, 2014 Newsdesk Latest News, Macau, Top of the deck

Sands China Ltd has seen its market share of casino gross gaming revenue in Macau increase to 23.2 percent in May, according to industry figures compiled by GGRAsia on Tuesday. Deutsche Bank analyst...

Melco Crown announces Hyatt for CoD Manila

Jun 03, 2014 Newsdesk Latest News, Philippines

Hyatt Hotels & Resorts and Melco Crown (Philippines) Resorts Corp confirmed on Tuesday a hotel management agreement for Hyatt City of Dreams Manila. The venture will be housed in two towers of...

Intralot signs EUR200 million loan

Jun 03, 2014 Newsdesk Industry Talk, Latest News

Greek gaming supplier Intralot SA has signed a three-year, EUR200 million (US$272 million) syndicated loan facility, with a one-year extension option, via its subsidiary Intralot Finance UK Plc....

Macau’s May gaming revenue up 9.3 pct y-o-y

Jun 03, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau’s casino gross gaming revenues for May reached MOP32.35 billion (US$4.05 billion), a year-on-year increase of 9.3 percent said the local regulator on Tuesday lunchtime. May revenue grew by...

Thai coup has hit Cambodian border casinos: report

Jun 03, 2014 Newsdesk Latest News, Rest of Asia, Top of the deck

A casino operator in the Cambodian border town of Poipet (pictured) says the number of Thais visiting its three venues each day has fallen by around 40 percent since Thailand’s military coup on May...

Police to crack down on World Cup illegal betting

Jun 03, 2014 Newsdesk Latest News, Macau, Top of the deck

Police from Macau, Hong Kong and mainland China are stepping up enforcement action against illegal football betting as the World Cup nears. Police from both Special Administrative Regions and from...