GGRAsia – Newsdesk

Grand Korea Leisure operating profit dips on luck, costs

Nov 14, 2014 Newsdesk Latest News, Rest of Asia, Top of the deck

Grand Korea Leisure Co Ltd (GKL) – which operates three foreigners-only casinos in South Korea under the Seven Luck brand – has reported its third quarter results. The firm said that for the...

WMS expands range of Asian-inspired products

Nov 14, 2014 Newsdesk New launches

Slot machine maker WMS Gaming Inc, a Scientific Games Corp company, highlighted a portfolio of new Asian-inspired products at the recent Global Gaming Expo 2014 in Las Vegas, Nevada. WMS featured...

Crown Resorts barred from Stanley Ho associates

Nov 14, 2014 Newsdesk Latest News, Macau, Top of the deck, World

An undertaking sought by the authorities in New South Wales before granting a casino licence to Crown Resorts Ltd in Sydney includes a provision to prevent “any new business activities or...

Kangwon Land reports modest profit growth

Nov 14, 2014 Newsdesk Latest News, Rest of Asia, Top of the deck

Kangwon Land Inc, the operator of the only casino resort in South Korea where the country’s nationals are allowed to gamble, reported net profit for the third quarter of 2014 of KRW105.5...

Multimedia Games’ net income slips on M&A costs

Nov 13, 2014 Newsdesk Industry Talk, Latest News, World

Net income for Multimedia Games Holding Co Inc fell 38 percent year-on-year in the quarter ending September 30, to US$3.8 million, from US$10 million in the year-prior period. Net income for the...

Playtech signs BetIt brands

Nov 13, 2014 Newsdesk Latest News, Trends & Tech

Playtech Plc has newly signed two betting brands to its open platform. The brands, Thrills Casino and SuperLenny Casino are owned and operated by BetIt Operations Ltd licensed in Malta. Playtech,...

Macau activists want smoking ban in casino VIP rooms

Nov 13, 2014 Newsdesk Latest News, Macau, Top of the deck

The labour activist group Forefront of the Macao Gaming says the government has to be more efficient in enforcing the smoking ban on casino mass floors in the city. The association is also calling...

Premium Leisure moves into black

Nov 13, 2014 Newsdesk Latest News, Philippines, Top of the deck

Premium Leisure Corp on Thursday reported its quarterly earnings. The entity is a holding company for a stake controlled by the family of U.S. dollar billionaire Henry Sy in the licence of City of...

GPI’s third quarter profit up on Asia sales

Nov 13, 2014 Newsdesk Industry Talk, Latest News, Top of the deck, World

U.S.-based casino currency and table gaming equipment supplier Gaming Partners International Corp (GPI) posted net income of US$2.8 million for the three months ended September 30, up from US$0.1...

Caesars’ operating firm to enter bankruptcy Jan: report

Nov 13, 2014 Newsdesk Latest News, Top of the deck, World

Caesars, a casino brand with ambitions to spend US$1.5 billion redeveloping Manila International Airport in the Philippines and to add a casino resort next door, is facing the prearranged bankruptcy...