GGRAsia – Rest of Asia

Rest of Asia

Kangwon Land names ex-vice minister as CEO

Apr 07, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

A former senior South Korean government official is to assume the chief executive role at casino resort promoter Kangwon Land Inc starting on April 8, according to a Tuesday filing by the firm lodged...

Grand Korea Leisure March casino sales leap m-on-m

Apr 07, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

March casino sales at Grand Korea Leisure Co Ltd, an operator in South Korea of foreigner-only casinos, rose 1,074.0 percent month-on-month, although they were down 49.1 percent judged year-on-year....

China bans travel for 89, says some had overseas bet links

Apr 06, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

China’s National Immigration Administration said on Tuesday that it recently declared the passports of 89 people no longer valid, due to their alleged involvement either in “cross-border...

NagaWorld host city in night curfew Apr 1 to 14: reports

Apr 06, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

People in Phnom Penh, host city of the NagaWorld casino resort and also the capital of Cambodia, have since April 1 been subject to a nighttime curfew on their movement for two weeks as a...

NagaCorp 1Q GGR recovery hurt by Covid-19 shutdown

Apr 06, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed casino operator and developer NagaCorp Ltd says it had “continued to record recovery” of gaming volumes in the first quarter of 2021. That was up until February 20, when the...

Casino operator Landing Intl has US$272mln loss in 2020

Apr 01, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

South Korea casino resort operator Landing International Development Ltd said its net loss for full-year 2020 was approximately HKD2.12 billion (US$272.0 million), slightly narrowed from the net...

Genting issuing US$350mln notes for Las Vegas project

Apr 01, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck, World

Malaysia-based gaming conglomerate Genting Bhd says two subsidiaries are to issue US$350-million worth of senior notes, primarily toward repaying borrowings linked to the Resorts World Las Vegas...

Mohegan given 1-year delay on Inspire Korea opening

Apr 01, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

The promoter of the Inspire Entertainment Resort, a project with a foreigner-only casino, in Incheon, South Korea, has been granted a one-year postponement on the first-phase opening, it said in a...

Suncity listco books 2020 profit, but flags Hoiana drag

Mar 30, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed Suncity Group Holdings Ltd saw its consolidated adjusted loss before interest, taxation, depreciation and amortisation (EBITDA) for full-year 2020 widen to RMB105.2 million (US$16...

Casino op Summit Ascent names David Chua CEO

Mar 30, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed Summit Ascent Holdings Ltd, the promoter of the Tigre de Cristal casino resort (pictured) in Vladivostok, Russia, has appointed David Chua Ming Huat as executive director and chief...