GGRAsia – Rest of Asia

Rest of Asia

Casino business parent Genting Bhd to pay interim dividend

Oct 16, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Genting Bhd, a Malaysia-listed conglomerate that is parent to a number of casino companies with operations in Asia and worldwide, has declared an interim dividend of MYR0.065 (US$0.0155) per share...

Spectrum flags 2020 ‘Year of the Prefecture’ for Japan

Oct 15, 2019 Newsdesk Japan, Latest News, Rest of Asia, Top of the deck

Gaming industry consultancy Spectrum Gaming Group LLC, a specialist in topics linked to legal compliance of the regulated casino sector, has issued its “Top Ten Trends for 2020” list previewing...

Suncity unit has new poker room at Paradise Casino Busan

Oct 14, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Poker King Club, a business division of privately-held Macau junket investor Suncity Group, announced on Friday that it had launched a new poker room in the casino at the Paradise Hotel Busan. The...

Call to replace Donaco board to be aired at investor meet

Oct 14, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck, World

There has been a fresh attempt to influence the leadership direction of troubled Asian casino operator Donaco International Ltd. Two people – Gerald Tan Eng Hoe and Patrick Tan Teck Lee – have...

Investor sues Empire, says Lim offer undervalues: report

Oct 11, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck, World

A minor shareholder is reportedly suing United States-based casino firm Empire Resorts Inc, operator of Resorts World Catskills (pictured) in New York state, claiming that group’s stock is...

S. Korea’s GKL September casino sales decline 6pct

Oct 09, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

South Korean gaming operator Grand Korea Leisure Co Ltd (GKL) posted a year-on-year fall in casino sales for September, the firm announced on Friday. The company reported casino sales of KRW40.01...

Typhoon Mitag disrupts travel to S. Korea casino resorts

Oct 04, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino companies with businesses either on Jeju island or the southern port city of Busan, in South Korea, experienced the effects of Typhoon Mitag, a form of tropical cyclone (example pictured)....

Profit reported at first Vietnam casino with local players

Oct 04, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

The Corona Resort and Casino, on Phu Quoc island in Vietnam, posted a pre-tax profit of VND108 billion (US$4.67 million) in its first six months of operation, says promoter Phu Quoc Tourism...

NagaCorp insulated from China proxy bet row: analysts

Oct 03, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

The Phnom Penh casino market in Cambodia, monopolised by Hong Kong-listed NagaCorp Ltd, is the “most insulated” from “the volatility associated with China”, suggested a Wednesday note from...

S. Korea Paradise Co casino revenue up 43pct y-o-y in Sept

Oct 02, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

South Korean casino operator Paradise Co Ltd says its casino revenue grew to more than KRW73.63 billion (US$61.0 million) last month, 6.6 percent more than one month earlier and 42.7 percent more...