GGRAsia – Top of the deck

MGM China COO gaming John Shigley leaving Macau

Jun 21, 2018 Newsdesk Latest News, Macau, Top of the deck

John Shigley, chief operating officer (COO) of gaming for Macau casino firm MGM China Holdings Ltd, is to leave Macau “later this year”, the company confirmed in an email responding to an enquiry...

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...

Imperial Pacific unit sues clients for US$13mln: report

Jun 21, 2018 Newsdesk Latest News, Top of the deck, World

A unit of Hong Kong-listed casino investor Imperial Pacific International Holdings Ltd is suing 13 clients for an aggregate of US$12.75 million it claims they collectively owe it. The suits have been...

Yearly profit up, revenue down at Macau’s Emperor Ent Hotel

Jun 21, 2018 Newsdesk Latest News, Macau, Top of the deck

Profit at Macau casino hotel operator Emperor Entertainment Hotel Ltd increased 13.6 percent year-on-year in the 12 months to March 31, the firm said in a filing to the Hong Kong Stock Exchange on...

Japan parliament extension boosts casino bill hopes

Jun 20, 2018 Newsdesk Japan, Latest News, Top of the deck

Japan’s governing coalition agreed on Wednesday to extend the current ordinary session of the country’s parliament until July 22, which could allow passage of the Integrated Resorts (IR)...

Human eye to police Macau casino staff bet ban: regulator

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

Enforcement of the mooted ban on Macau casino employees entering any local gaming floor outside work hours will be the responsibility of casino operators via monitoring by their security staff,...

Marina Bay Sands theatre replaced by nightclub

Jun 20, 2018 Newsdesk Latest News, Singapore, Top of the deck

The Marina Bay Sands casino resort in Singapore is to open next year a Marquee-brand nightclub. The venue will occupy a space formerly used by one of the two theatres in the casino resort designed...

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...

Unfinished work has 13 Hotel reapplying for checks: MGTO

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

Management for The 13 Hotel (pictured), a project on the Cotai-Coloane border of Macau, has been told it must “apply for reinspection” regarding its hotel licensing process, GGRAsia has been...

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...