GGRAsia – Rest of Asia

Rest of Asia

Casino services firm Macau Legend slips into red in 1H

Aug 23, 2019 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

Hong Kong-listed casino services firm Macau Legend Development Ltd recorded a HKD107.5-million (US$13.7-million) loss for the first half of 2019, the company said on Thursday. That compares to a...

Donaco appeals Cambodian arbitrator decision on Star Vegas

Aug 22, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino operator Donaco International Ltd says it is appealing against an arbitration decision of a Cambodian tribunal that ruled the people that had sold the firm leasing rights on the Star Vegas...

China urges Philippines to stop ‘all online gambling’

Aug 22, 2019 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

Chinese authorities are urging the Philippines to ban “all online gambling” generated via the Southeast Asian country. Beijing in addition has praised Cambodia for announcing over the weekend...

Asia growth in machine management, strong sales: RGB

Aug 19, 2019 Newsdesk Latest News, Philippines, Rest of Asia, Trends & Tech

Malaysia-listed casino equipment maker and supplier RGB International Bhd says it sees opportunities in the Asia-Pacific region for its technical support and management – or “TSM” – business...

Cambodia to stop issuing online gaming permits: reports

Aug 19, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

Xinhua, a Chinese state news agency, reported on Sunday – quoting a directive from Cambodia’s prime minister, Hun Sen – that the Southeast Asian country would no longer issue licences to online...

HK protests to have small impact on Macau GGR: JP Morgan

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

JP Morgan Securities (Asia Pacific) Ltd says it expects the protests that have been taking place for several weeks in Hong Kong to have a minor negative impact on Macau’s casino gross gaming...

Sega Sammy sees upside as Chinese return to Paradise City

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

Management at Sega Sammy Holdings Inc, a Japanese entertainment conglomerate, says it expects an upside if the number of Chinese visitors to its joint venture South Korean casino complex recovers....

Donaco flags delay in Singapore arbitration vs Thai vendors

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

Boutique Asian casino operator Donaco International Ltd says the arbitration process in Singapore against former owners of the Star Vegas Resort and Club (pictured) business in Poipet, Cambodia, has...

S. Korea Paradise Co to return to profit in 3Q: JP Morgan

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

Brokerage JP Morgan Securities (Asia Pacific) Ltd says it expects South Korean casino operator Paradise Co Ltd to return to profit in the third quarter this year. “Profitability should improve...

Paradise Co 2Q loss widens despite higher revenue

Aug 13, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

South Korean casino operator Paradise Co Ltd on Tuesday reported a net loss of approximately KRW2.06 billion (US$1.68 million) for the three months ended June 30. That compared to a loss of nearly...