GGRAsia – Rest of Asia

S. Korea sees 5pct fall in foreigner-only turnover for 2017

Jun 21, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Turnover at South Korea’s foreigner-only casinos slumped by 5.37 percent in 2017 to less than KRW1.21 trillion (US$1.09 billion). In announcing the annual turnover for last year, the National...

Chen Lip Keong buys US$5mln in NagaCorp shares

Jun 20, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

NagaCorp Ltd chief executive Chen Lip Keong has paid more than HKD39.6 million (USD5.05 million) to increase his stake in the Cambodian casino operator to 65.84 percent, or about 0.1 percent of the...

Macau stock US$4.3bln mkt cap loss on Hainan fears: analyst

Jun 20, 2018 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

A 3.7-percent Tuesday sell-off in Macau casino firm stocks traded in Hong Kong had seen US$4.3 billion lost in market capitalisation, said a note that day from Union Gaming Securities Asia Ltd. By...

Phu Quoc proposed for locals’ gambling trial: report

Jun 18, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

A plan permitting Vietnamese into a casino in the southern province of Kien Giang is a step closer after the Ministry of Planning and Investment submitted paperwork to Vietnam’s Prime Minister...

Vietnam to make sports betting a regulated industry

Jun 15, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Vietnam’s National Assembly passed on Thursday a bill that legalises the principle of sports betting, albeit under government oversight. The details of the terms and conditions – including what...

GEN Malaysia shareholders nod 2017 final dividend

Jun 13, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

The shareholders of Genting Malaysia Bhd have approved the payment of a final, single-tier dividend of MYR0.05 (US$0.0125) per ordinary share for last year. The gaming company said the shareholders...

Cambodia court backs Donaco vs Thai trio on casino lease

Jun 12, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

A Cambodian court has acted to stop three Thai shareholders in casino operator Donaco International Ltd from ending the lease on the land occupied by its Star Vegas casino in Cambodia, the company...

Silver Heritage settles with ex-partner in new casino

Jun 12, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

An Australia-listed operator and developer of casinos, Silver Heritage Group Ltd, has settled a dispute with its former partner in the Tiger Palace Resort at Bhairahawa in Nepal, and taken on a new...

S. Korean casino op GKL posts strong May performance

Jun 11, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino sales at South Korean casino operator Grand Korea Leisure Co Ltd (GKL) soared in May. The company on Monday reported casino sales of approximately KRW40.59 billion (US$37.9 million) for that...

Govt backs Russia casino zone: Primorsky deputy governor

Jun 11, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

The successful development of the Primorye Integrated Entertainment Resort zone in the Russian Far East is of “great importance” to the local authorities. So said the deputy governor of the...