GGRAsia – Rest of Asia

RGB 1Q profit down despite 48pct revenue increase

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

Casino equipment maker RGB International Bhd reported on Tuesday first quarter profit that was down 46.4 percent judged year-on-year, to MYR3.6 million (US$841,119). Such decline was despite a...

GEN Malaysia casinos UK, Bahamas open in days: bank

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

Other Genting Malaysia Bhd casinos outside Malaysia are likely to “reopen soon” after a period of shutdown due to the Covid-19 pandemic, following earlier news that the firm’s flagship, the...

Foreign ID people in hundreds at Hoiana preview: Suncity

Jun 29, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Suncity Group Holdings Ltd, a firm controlled by Macau junket boss Alvin Chau Cheok Wa, said in a Monday email in reply to GGRAsia, that a “few hundred guests” who were “foreign passport...

Paradise City again shuts some non-gaming for virus safety

Jun 29, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Some non-gaming venues at the Paradise City casino resort (pictured) near Incheon International Airport in South Korea – including spaces that had closed initially due to Covid-19 and then reopened...

Asia Pioneer places product at Hoiana, starts new biz theme

Jun 29, 2020 Newsdesk Industry Talk, Latest News, Macau, Rest of Asia

Hong Kong-listed Asia Pioneer Entertainment (APE) Holdings Ltd, which has a core business of distribution, sales and servicing for casino slot machines and electronic table games, said in a Friday...

Apac gaming ops EBITDA to decline 70pct in 2020: Moody’s

Jun 26, 2020 Newsdesk Latest News, Macau, Rest of Asia, Singapore, Top of the deck

Aggregated earnings before interest, taxation, depreciation and amortisation (EBITDA) of casino companies with exposure to Asia-Pacific (Apac) markets will “fall around 70 percent in 2020 before a...

Casino operator NagaCorp ups note issue to US$350mln

Jun 26, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

A new note offering proposed on Monday by NagaCorp Ltd, monopoly operator of a casino complex in the Cambodian capital Phnom Penh, is US$50 million more in principal amount than first flagged, the...

Gaming areas in preview for Vietnam’s Hoiana from Sunday

Jun 24, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Suncity Group Holdings Ltd, a firm controlled by Macau junket boss Alvin Chau Cheok Wa, said in a Tuesday press release that it was to hold a preview from Sunday (June 28) for Hoiana, a Vietnam...

China gets website to report cross border gambling offences

Jun 23, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

China’s Ministry of Public Security has launched a web-based platform (pictured) in Chinese and English, for the public to report “cross-border gambling” as well as “telecom...

S&P thinks NagaCorp fresh notes can aid liquidity

Jun 23, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Standard & Poor’s (S&P) Global Ratings says a new note offering announced on Monday by NagaCorp Ltd will help the Cambodia casino operator improve its liquidity. NagaCorp said in its Monday...