GGRAsia – Top of the deck

Miriam Adelson selling US$2bln LVS stock to buy sports team

Nov 29, 2023 Newsdesk Latest News, Macau, Singapore, Top of the deck

Miriam Adelson (pictured in a file photo), the largest shareholder at casino group Las Vegas Sands Corp, is selling US$2 billion of her shares, to be used toward “the purchase of a majority...

Emperor Ent back in black with US$1.5mln interim profit

Nov 29, 2023 Newsdesk Latest News, Macau, Top of the deck

Macau satellite casino promoter Emperor Entertainment Hotel Ltd reported an interim profit attributable to its owners of HKD11.8 million (US$1.5 million) for the six months to September 30. The...

Bruno Mars to perform at MGM Cotai in Jan: MGM China

Nov 28, 2023 Newsdesk Latest News, Macau, Top of the deck

American singer-songwriter Bruno Mars is to make a one-night-only concert appearance on the roof terrace of the MGM Cotai casino resort on January 6, said the venue promoter MGM China Holdings Ltd in...

Nomura caution on China economy, China tourism in Asia

Nov 28, 2023 Newsdesk Latest News, Rest of Asia, Singapore, Top of the deck

Banking group Nomura says it has a “more cautious view on China’s economic performance,” which it adds is consistent with recent data for outbound tourism from China to regional destinations...

China ents provider iQiyi in deal for Galaxy Arena events

Nov 28, 2023 Newsdesk Latest News, Macau, Top of the deck

Galaxy Arena, a recently-opened part of Phase 3 at casino-resort complex Galaxy Macau on Cotai, has a “strategic partnership” with iQiyi, a mainland China-based provider of online video services...

Kazuo Okada properly removed from IR op: Philippine court

Nov 28, 2023 Newsdesk Latest News, Philippines, Top of the deck

Japan’s Universal Entertainment Corp, the founding parent of the Okada Manila casino resort in the Philippines, says the Philippine Supreme Court has “lifted” a “status quo ante”...

Ex-exec of Saipan casino-tied firm jailed by Beijing court

Nov 27, 2023 Newsdesk Latest News, Rest of Asia, Top of the deck, World

A group of 15 defendants was sentenced on Friday by a Beijing court over gambling-related crimes, according to an announcement from the tribunal in the Chinese capital. Among them was a woman who...

Nearly 10k money touts detected Jan-Sept says Macau govt

Nov 27, 2023 Newsdesk Latest News, Macau, Top of the deck

The first nine months of 2023 saw a 232 percent year-on-year increase in the number of individuals suspected of unlicensed money-changing in Macau, said the city’s Secretary for Security, Wong...

Malaysia to allow visa-free entry to Chinese citizens

Nov 27, 2023 Newsdesk Latest News, Rest of Asia, Top of the deck

Malaysia will allow visa-free entry for citizens of China and India from December 1, according to Malaysia’s prime minister Anwar Ibrahim. The move is part of efforts to boost tourism and the...

Van Don casino resort plan sent to Vietnam PM: report

Nov 24, 2023 Newsdesk Latest News, Rest of Asia, Top of the deck

Vietnam’s Ministry of Planning and Investment has submitted a report on the development of a US$2.18-billion casino and resort scheme in Van Don district – located in the country’s northern...