GGRAsia – Latest News

Maybe new Macau mass Covid test, community spread still

Jun 24, 2022 Newsdesk Latest News, Macau, Top of the deck

It is likely that Macau will shortly have a third round of citywide centre-based Covid-19 testing in little more than a week, after the results so far of a second mass test – that was due to finish...

Blackstone clinches US$6.15bln takeover of Crown Resorts

Jun 24, 2022 Newsdesk Latest News, Top of the deck, World

Australian casino operator Crown Resorts Ltd says its stockholders were on Friday paid the AUD13.10 (US$9.058) cash per share promised by investment firm Blackstone Inc, in order for the latter to...

Jeju still studying online gaming for its casinos: govt

Jun 24, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino destination Jeju is still mulling the “pros and cons” of seeking to offer online gambling via its foreigner-only bricks and mortar casinos, as the semi-autonomous South Korean holiday...

Emperor Ent gaming revenue up 25pct in year to March 31

Jun 24, 2022 Newsdesk Latest News, Macau, Top of the deck

Macau satellite casino promoter Emperor Entertainment Hotel Ltd reported an annual loss that widened to HKD528.3 million (US$67.3 million) for the 12 months to March 31, from HKD177.6 million a year...

SJM confirms new US$2.4bln loan facility

Jun 24, 2022 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator SJM Holdings Ltd says the group has reached an agreement for new syndicated loan facilities of up to HKD19 billion (US$2.42 billion), representing a HKD9-billion term loan...

Macau ops sign contract extension, eye fresh public tender

Jun 23, 2022 Newsdesk Latest News, Macau, Top of the deck

Macau’s six casino operators have each signed on Thursday a circa six-month extension to their respective gaming contracts, to December 31. The licences had been due to expire on June 26, but...

Grand Dragon satellite ops beyond June 27: Melco Ent

Jun 23, 2022 Newsdesk Latest News, Macau, Top of the deck

The Macau satellite casino Grand Dragon, that uses Melco Resorts and Entertainment Ltd’s gaming licence, will operate “beyond June 27, 2022, with its employees continuing to be fully engaged,”...

Macau gaming ops contract rollover signed today: CE

Jun 23, 2022 Newsdesk Latest News, Macau, Top of the deck

Macau’s Chief Executive, Ho Iat Seng (pictured in a file photo), affirmed today (Thursday) that the government would sign this afternoon, at 4.30pm, the contracts to extend by about six months the...

Macau shuts leisure sites amid Covid, casinos can still run

Jun 23, 2022 Newsdesk Latest News, Macau, Top of the deck

Macau’s Chief Executive, Ho Iat Seng, has used his powers to gazette the shutting of most leisure facilities in the city with effect from 5pm on Thursday. He affirmed at a 2.30pm press conference...

Macau ops may get new gaming rights by year-end: Moody’s

Jun 23, 2022 Newsdesk Latest News, Macau, Top of the deck

Moody’s Investors Service Inc said in a Wednesday note it believed Macau’s six current gaming operators “will receive new direct licences by the end of this year”. It added: “Failure to...