GGRAsia – Newsdesk

Wynn Macau posts US$352mln 2Q loss, casino rev turns red

Aug 05, 2020 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Wynn Macau Ltd reported on Wednesday a nearly US$351.6-million net loss in the second quarter of 2020, compared to a US$168.6-million profit in the equivalent quarter a year...

Everi posts US$68.5mln 2Q loss, reports positive EBITDA

Aug 05, 2020 Newsdesk Latest News, Top of the deck, World

Casino equipment maker and financial technology (fintech) supplier Everi Holdings Inc swung to a second-quarter net loss of US$68.5 million, compared to net income of US$5.5 million in the prior-year...

Partouche exit no impact on IR plan for Nagasaki: Oshidori

Aug 04, 2020 Newsdesk Japan, Latest News, Top of the deck

Japan casino suitor Oshidori International Holdings Ltd has told GGRAsia that the withdrawal of French casino operator Groupe Partouche SA from a collaboration in relation to Japan would have no...

GKL casino sales up 14pct sequentially in July

Aug 04, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, said its casino sales rose 13.7 percent month-on-month in July. Such sales were just...

Thai vendor of Star Vegas joins Donaco board

Aug 04, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

A person previously identified as one of the Thai vendors of Star Vegas Resort and Club when Donaco International Ltd acquired the Cambodian border casino for US$360 million in 2015, has joined...

Melco plans senior notes above US$500mln announced

Aug 04, 2020 Newsdesk Latest News, Macau, Top of the deck

Casino operator Melco Resorts and Entertainment Ltd said in a Monday filing to Nasdaq that it proposed to offer 5.750-percent senior notes due in 2028, that would be additional to the US$500-million...

Macau tightens virus test rules for arrivals from HK

Aug 04, 2020 Newsdesk Latest News, Macau, Top of the deck

The Macau authorities have tightened entry requirements for all arrivals from the neighbouring city of Hong Kong due to an escalation there in local cases of Covid-19 infection, Macau’s Health...

Partouche ends tie with Oshidori for Nagasaki casino effort

Aug 04, 2020 Newsdesk Japan, Latest News, Top of the deck

French casino operator Groupe Partouche SA has terminated a partnership with Hong Kong-listed Oshidori International Holdings Ltd concerning the latter’s effort for involvement in a possible casino...

Japan IR suitor Wynn closes Yokohama office: report

Aug 03, 2020 Newsdesk Japan, Latest News, Top of the deck

Casino operator Wynn Resorts Ltd has closed its office in Yokohama, Japan, as the group considers how to “evolve” its operations “to align with a post-pandemic market”, business news outlet...

Metro Manila lockdown retightened from August 4

Aug 03, 2020 Newsdesk Latest News, Philippines, Top of the deck

The Metro Manila area (pictured) – encompassing the Entertainment City zone that is home to the Philippine capital’s large-scale casino resorts – will after all return to a stricter...