GGRAsia – Rest of Asia

Paradise Co casino sales fall 61pct amid S.Korea virus fear

Apr 03, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino revenue at Paradise Co Ltd, a South Korean operator of foreigner-only casinos, fell 60.5 percent year-on-year in March, the firm said in a Thursday filing to the Korea Exchange. Such revenue...

NagaCorp GGR up 15pct 1Q, stable outlook despite Covid-19

Apr 02, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Cambodian casino operator NagaCorp Ltd says it recorded overall gross gaming revenue (GGR) of US$368.9 million in the first quarter of 2020, an increase of 14.8 percent in year-on-year terms. That...

Vietnam casinos confirm 15-day pause over pandemic

Apr 01, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Several casino operators in Vietnam have confirmed a 15-day shutdown of their venues starting from Wednesday (April 1). The country’s government ordered also – with effect from that day...

Landing Int seeks US$18mln for Jeju ops via share placement

Mar 31, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Asian casino developer Landing International Development Ltd is seeking to raise HKD137.1 million (US$17.7 million) in funding – net of expenses – via a share placement exercise. Separately, the...

Silver Heritage 2019 loss jumps on Tiger Palace impairment

Mar 31, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Boutique Asian casino operator Silver Heritage Group Ltd says its full-year net loss attributable to shareholders rose by 215.4 percent from the prior year, mainly because of an impairment charge...

Donaco confirms temporary shutdown of Cambodia casino

Mar 31, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Australia-listed casino operator Donaco International Ltd confirmed in a Tuesday filing that the casino (pictured) at its Star Vegas Resort and Club in Poipet, Cambodia, would close on a...

Cambodia orders nationwide shutdown of all casinos

Mar 30, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

The Cambodian authorities have ordered all casinos in the country to shut down with effect from Wednesday night, as part of a number of measures to prevent the spread in Cambodia of the novel...

Donaco seeks bank’s consent re Star Vegas settlement

Mar 30, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Donaco International Ltd, a boutique Australia-listed operator of casinos in Indochina, says it is seeking consent from Mega International Commercial Bank Co Ltd so that Donaco can “fulfil parts of...

Hoiana ‘exclusive preview’ summer 2020: Suncity

Mar 30, 2020 Newsdesk Japan, Latest News, Rest of Asia, Top of the deck

The grand opening of the under-development Hoiana casino resort in Vietnam will only take place in 2021, with an “exclusive preview” scheduled for this summer. So said the head of a Macau-junket...

Genting HK narrows annual loss in 2019, warns on 2020 biz

Mar 30, 2020 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

Genting Hong Kong Ltd, a casino cruise ship operator and investor in a Philippine casino resort, said it greatly narrowed its annual loss in 2019. Such loss was just under US$151.5 million, compared...