GGRAsia – Latest News

2Q casino GGR at Jeju Dream Tower down 17pct q-o-q

Aug 15, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck

The promoter of the Jeju Dream Tower casino resort (pictured), in the capital of the South Korean holiday island of Jeju, said on Friday that second-quarter gaming sales at the venue were KRW12.2...

Summit Ascent flags 1H revenue up 37pct, return to profit

Aug 15, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck

Summit Ascent Holdings Ltd, a Hong Kong-listed investor in the Tigre de Cristal casino resort (pictured in a file photo) near the Russian Pacific port of Vladivostok, says it expects to record a...

Wenzhou court hears bet crime cases said tied to Alvin Chau

Aug 12, 2022 Newsdesk Latest News, Macau, Top of the deck

An intermediate court in Wenzhou, in Zhejiang province, mainland China, finished on Friday hearing three cases on illegal gambling alleged to have involved the boss of Macau-based junket brand...

GEN Singapore 1H profit down, sales costs rise 34pct

Aug 12, 2022 Newsdesk Latest News, Singapore, Top of the deck

First-half net profit at the operator of the Resorts World Sentosa (RWS) casino complex in Singapore fell by 4.3 percent year-on-year, to SGD84.4 million (US$61.3 million). The result for Genting...

No-interest play deposits ok for casinos says Macau bill

Aug 12, 2022 Newsdesk Latest News, Macau, Top of the deck

Macau’s consolidating bill that covers licensing and regulatory matters for the city’s junket operators and so-called satellite casinos, is now likely to be given a second and final reading and...

Number of workers in Macau gaming down 4pct q-o-q in 2Q

Aug 12, 2022 Newsdesk Latest News, Macau, Top of the deck

The number of workers in Macau’s gaming industry – which includes casinos, junkets and lotteries – declined by 4.3 percent sequentially in the second quarter, to about 69,600. In the first...

No criminal action on claims Okada falsified TRLEI docs

Aug 12, 2022 Newsdesk Latest News, Philippines, Top of the deck

The public prosecutor’s office in Makati, in the Philippine capital Manila, has decided not to take action on three criminal complaints against Japanese entrepreneur Kazuo Okada (pictured) that he...

Kangwon Land US$29mln 2Q profit as revenue up 53pct

Aug 12, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck

Kangwon Land Inc – operator of Kangwon Land (pictured), a resort with the only casino in South Korea permitted to serve local players – reported a net profit attributable to shareholders...

Inspire Korea developer affirms aim for late 2023 launch

Aug 12, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck

United States-based Mohegan Tribal Gaming Authority, trading as Mohegan, affirms it is on course for a late 2023 launch of its Inspire Korea resort scheme (pictured in an artist’s impression) with...

Anthony Ball new chair of Gaming Technology Association

Aug 12, 2022 Newsdesk Industry Talk, Latest News

The Australia-based Gaming Technologies Association (GTA) has confirmed this week the appointments of Anthony Ball (pictured) as board chair and Cameron Louis as vice chair. The announcement was made...