GGRAsia – Latest News

Quiet Chinese New Year for Singapore casinos: analyst

Jan 18, 2022 Newsdesk Latest News, Singapore, Top of the deck

The Singapore casino market could face another “quiet” Chinese New Year due to the suspension of the city-state’s vaccinated travel lane programme in response to the highly-infectious Omicron...

Macau bill plans formal table, slot cap via CE dispatch

Jan 18, 2022 Newsdesk Latest News, Macau, Top of the deck

Macau has proposed in its draft gaming bill, freshly tabled on the website of the city’s Legislative Assembly, a formal cap on the number of casino tables and gaming machines in the local casino...

Mass market play record 74pct Macau GGR in 4Q: govt

Jan 18, 2022 Newsdesk Latest News, Macau, Top of the deck

Mass-market games including slot machines provided 74.3 percent of all Macau’s casino gross gaming revenue (GGR) in the fourth quarter of 2021, at nearly MOP14.18 billion (US$1.77 billion),...

GEN HK to file for liquidation after German court ruling

Jan 18, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck, World

Genting Hong Kong Ltd, an operator of casino cruise ships and a joint venture casino operator in the Philippines, says it will “potentially proceed” with filing for provisional liquidation of...

Macau casino ops rally in HK after gaming bill details

Jan 17, 2022 Newsdesk Latest News, Macau, Top of the deck

Stocks of Macau casino operators rose substantially in the Hong Kong market on Monday, after the local government announced on Friday a bill proposing a new regulatory system for gaming...

Casino op Silver Heritage seeking clarity on govt royalties

Jan 17, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck

A representative of casino operator Silver Heritage Group Ltd told GGRAsia that the company is in talks with the Nepal government over the issue of royalties for its gaming operations in that...

Macau ups travel restrictions on more mainland places

Jan 17, 2022 Newsdesk Latest News, Macau, Top of the deck

Macau authorities have introduced a new round of travel restrictions over the weekend for inbound travellers from mainland China, including from Macau’s neighbouring city of Zhuhai, Guangdong...

Macau casino ops eye tender as bill details announced

Jan 17, 2022 Newsdesk Latest News, Macau, Top of the deck

Macau’s six casino operators have welcomed “the timely unveiling” of key aspects of a bill proposing a new regulatory system for gaming that will shape how the industry looks for years ahead....

Macau gaming bill positive to sector: brokerages

Jan 17, 2022 Newsdesk Latest News, Macau, Top of the deck

Several brokerages covering the Macau casino sector say a bill proposing a new regulatory system for gaming – announced by the local government on Friday – is a positive development for the...

Macau to have 6 casino licences, lasting 10 years: govt bill

Jan 14, 2022 Newsdesk Latest News, Macau, Top of the deck

The Macau authorities announced on Friday some of the key aspects of a bill proposing a new regulatory system for gaming that will shape how the industry looks for years ahead. Macau’s Executive...