GGRAsia – Latest News

GKL sees casino sales up 21pct sequentially in June

Jul 07, 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 20.5 percent month-on-month in June. Such sales were KRW12.48 billion (US$10.4...

July daily Macau GGR trend bests June, May: Bernstein

Jul 07, 2020 Newsdesk Latest News, Macau, Top of the deck

The estimated average daily amount of Macau casino gross gaming revenue (GGR) for the first week of July has shown a trend of improvement from the average daily figure of the previous two months,...

Govt rejects Manila airport revamp cuts: Alliance Global

Jul 07, 2020 Newsdesk Latest News, Philippines, Top of the deck

Philippine conglomerate Alliance Global Group Inc says the country’s government has turned down most suggestions made in the light of Covid-19, about a more economical way for a consortium of which...

IGT launches PeakBarTop cabinet

Jul 07, 2020 Newsdesk Latest News, Trends & Tech

Casino and lottery technology provider International Game Technology Plc (IGT) has announced the launch of a new bar top cabinet, capable of delivering video poker, slot, keno and roulette games....

Hoiana backers loan extra US$60mln for Vietnam scheme

Jul 07, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Investors in the Hoiana casino resort scheme in Vietnam are advancing a further US$60 million for the project, according to a Monday filing in Hong Kong by one of the overall backers, Suncity Group...

Suncity listco to extend maturity on Hoiana bonds, notes

Jul 06, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Suncity Group Holdings Ltd has told the Hong Kong Stock Exchange it secured agreement to extend by “24 months” respectively to August 28, 2022, the maturity date on some no-interest...

Macau casino 2Q costs down from 1Q: Morgan Stanley

Jul 06, 2020 Newsdesk Latest News, Macau, Top of the deck

The daily operating expenses – i.e. “fixed costs” – of Macau gaming operators during the second quarter were estimated by Morgan Stanley Research as about US$15 million, a...

No strings on foreign ownership for casino backer Suntrust

Jul 06, 2020 Newsdesk Latest News, Philippines, Top of the deck

Suntrust Home Developers Inc, a Philippine entity investing in a casino hotel scheme in Manila that is part of the Westside City Project, said in a Monday filing to the Philippine Stock Exchange the...

Casino ops investor LRWC says Covid-19 hurt 1Q

Jul 06, 2020 Newsdesk Latest News, Philippines, Top of the deck

Leisure and Resorts World Corp (LRWC) says it slipped a first-quarter loss of nearly PHP108 million (US$2.2 million) compared to a profit of PHP84.9 million in the same quarter a year earlier, with...

NagaWorld able to reopen VIP tables, slots, from July 8

Jul 06, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino group NagaCorp Ltd says it has negotiated a deal with the Cambodian government under which the firm will be allowed from Wednesday (July 8) to reopen its VIP table games and slot machine...