GGRAsia – Newsdesk

Bally shareholders approve merger with Scientific Games

Nov 20, 2014 Newsdesk Industry Talk, Latest News, Top of the deck

The stockholders of U.S.-based gaming equipment maker Bally Technologies Inc have formally approved the merger with Scientific Games Corp, a specialist in lottery equipment and management also based...

MGM’s Hornbuckle upbeat on Japan despite snap poll

Nov 19, 2014 Newsdesk Japan, Latest News, Top of the deck

A senior MGM Resorts International executive on Wednesday said his company was still “very optimistic” about the prospects for casinos in Japan despite the news of a snap general election called...

Pagcor to assess Entertainment City before any new licences

Nov 19, 2014 Newsdesk Latest News, Philippines, Top of the deck, World

State-run Philippine Amusement and Gaming Corp (Pagcor) has already received a concept proposal for a casino resort from Caesars Entertainment Corp, but the country’s gaming regulator says it...

Macau gaming weakness to persist in 1H15: Fitch

Nov 19, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau gaming revenue growth is projected to stagnate judged year-on-year at zero percent for 2014 and to decline by 1 percent in 2015, says a note from financial services firm Fitch Ratings Inc....

Japan casino bill: new delays as PM calls snap poll

Nov 19, 2014 Newsdesk Japan, Latest News, Top of the deck

The bill to legalise casinos in Japan will face new delays and might even be scrapped as Japanese Prime Minister Shinzo Abe (pictured) called a general election for mid-December, says Kazuaki Sasaki,...

Macau Nov revenue hints at up to 21-pct fall: analysts

Nov 18, 2014 Newsdesk Latest News, Macau, Top of the deck

Average daily revenue (ADR) at Macau casinos is softening as VIP play shows no sign of recovery and mass-market business remains soft, say a number of investment analysts. “Up to November 16,...

GLI appoints new regulator development executive

Nov 18, 2014 Newsdesk Industry Talk, Latest News

Gaming testing specialist and technical consultancy Gaming Laboratories International LLC (GLI) has named Phil Harrison (pictured) to the position of senior manager of regulator development,...

Suncity may take VIPs to NagaWorld from December: analyst

Nov 18, 2014 Newsdesk Latest News, Rest of Asia, Top of the deck

Suncity Group, one of the largest junket platforms in Macau, could begin sending VIP players to NagaCorp Ltd’s flagship property in Cambodia by December, says a note from Union Gaming Research...

AGEM welcomes eight new members

Nov 18, 2014 Newsdesk Industry Talk, Latest News

The Association of Gaming Equipment Manufacturers (AGEM) on Monday announced eight new members, bringing the trade group to a total of 145 members based in 21 countries. Joining the trade association...

Gaming largest FDI contributor to Macau in 2013

Nov 18, 2014 Newsdesk Latest News, Macau, Top of the deck

The gaming sector was the largest source of inward foreign direct investment (FDI) to Macau last year, recent official data show. Information from the city’s Statistics and Census Service indicated...