GGRAsia – Newsdesk

Genting Singapore sets up new subsidiary in Japan

Jun 02, 2014 Newsdesk Japan, Latest News, Top of the deck

Genting Singapore Plc has set up a new wholly-owned subsidiary in Japan, the ninth in less than a week. The company, the developer and owner of the Resorts World Sentosa casino resort in Singapore...

Mourinho signs with South Korea’s Paradise Co

Jun 02, 2014 Newsdesk Latest News, Rest of Asia, Top of the deck

Portuguese football manager José Mourinho is the face of the new advertising campaign of South Korean casino operator Paradise Co. The company expects the increasing popularity of football in China...

Daiwa reduces Macau GGR 2014 forecast

Jun 02, 2014 Newsdesk Latest News, Macau, Top of the deck

Daiwa Securities Group Inc revised downward its growth projection for Macau’s gaming industry in 2014. The Japanese brokerage firm reduced its full-year casino gross gaming growth forecast to 16...

Iao Kun still eyes HK dual listing by end of 3Q2014

Jun 02, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau VIP room gaming promoter Iao Kun Group Holding Co Ltd still plans to complete its Hong Kong dual listing by the end of the third quarter of this year. Company executives made the announcement...

Dismissal of defamation claim against Adelson reversed

May 31, 2014 Newsdesk Latest News, Macau, Top of the deck

The Nevada Supreme Court has reversed the dismissal of a defamation claim filed by former Sands China Ltd chief executive Steven Jacobs against parent company Las Vegas Sands Corp chairman Sheldon...

Gaming fuels Macau GDP growth in Q1 2014

May 30, 2014 Newsdesk Latest News, Macau, Top of the deck

The gaming sector was unsurprisingly the main growth driver for Macau’s gross domestic product in the first quarter of this year. Official data released on Friday shows exports of gaming services...

Rob Goldstein joins Sands China board

May 30, 2014 Newsdesk Industry Talk, Macau, Top of the deck

A senior executive of Las Vegas Sands Corp (LVS) was on Friday voted onto the board of Sands China Ltd by its shareholders. Rob Goldstein has been president of global gaming operations for Sands...

DPJ nods casino bill talks: but only for lower house

May 30, 2014 Newsdesk Japan, Latest News, Top of the deck

Japan’s main opposition party, the Democratic Party of Japan (DPJ), has reached an agreement with the governing Liberal Democratic Party of Japan (LDP) to discuss during the current session of the...

Genting to team with Japanese partners

May 30, 2014 Newsdesk Latest News, Rest of Asia, Singapore, Top of the deck

Genting Singapore Plc has organised a dedicated project team to prepare a proposal if Japan’s parliament approves a draft law to legalise casinos. The company says it might partner with a Japanese...

Dynam posts modest profit increase

May 30, 2014 Newsdesk Japan, Latest News, Top of the deck

Japanese pachinko hall manager company Dynam Japan Holdings Co Ltd posted a profit increase of 1.9 percent for the year ended March 31, to JPY21.3 billion (US$209.9 million). The company said in a...