GGRAsia – Top of the deck

Top of the deck

HK protests to have small impact on Macau GGR: JP Morgan

Aug 16, 2019 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

JP Morgan Securities (Asia Pacific) Ltd says it expects the protests that have been taking place for several weeks in Hong Kong to have a minor negative impact on Macau’s casino gross gaming...

Wynn Macau proposes US$0.06 a share interim dividend

Aug 16, 2019 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Wynn Macau Ltd has declared an interim dividend of HKD0.45 (US$0.06) a share for the first half of 2019. Wynn Macau Ltd told the Hong Kong Stock Exchange on Thursday that it...

Macau mass-market GGR boosted by hotel supply: DB

Aug 16, 2019 Newsdesk Latest News, Macau, Top of the deck

Brokerage Deutsche Bank Securities Inc reckons that, on average, the rate of growth in mass-market gross gaming revenue (GGR) in Macau casinos each year is more than twice the rate of growth in the...

Star Ent says not approached by regulator re junkets probe

Aug 16, 2019 Newsdesk Latest News, Top of the deck, World

Management at Australian casino operator Star Entertainment Group Ltd says the company has not been approached by the New South Wales Independent Liquor and Gaming Authority (ILGA) regarding an...

Empire Resorts stake worthwhile investment: GEN Malaysia

Aug 16, 2019 Newsdesk Latest News, Top of the deck, World

Casino operator Genting Malaysia Bhd has defended a deal to acquire a stake in loss-making Empire Resorts Inc, owner and operator of Resorts World Catskills, a property located about 140 kilometres...

Junket Suncity opens VIP club at Resorts World Manila

Aug 16, 2019 Newsdesk Latest News, Philippines, Top of the deck

Macau junket investor Suncity Group says it held a soft opening on Thursday for a VIP club at the Resorts World Manila casino complex, a property close to Manila International Airport. The new VIP...

Aruze Gaming’s global CEO joins Donaco board

Aug 16, 2019 Newsdesk Latest News, Top of the deck, World

Boutique Asian casino operator Donaco International Ltd says it has appointed Yugo Kinoshita as an independent non-executive director to its board. Mr Kinoshita (pictured in a file photo) is the...

Travellers offering up to US$165.7mln to go private

Aug 15, 2019 Newsdesk Latest News, Philippines, Top of the deck

Philippine casino operator Travellers International Hotel Group Inc says it is offering public stockholders PHP5.50 (about US$0.11) a share to take the company private. Travellers International told...

Junkets Australian probe worries SkyCity Entertainment boss

Aug 15, 2019 Newsdesk Latest News, Top of the deck, World

SkyCity Entertainment Group Ltd chief executive Graeme Stephens has voiced concern that revenue from VIP gamblers may be curbed by official investigations of dealings by the Australian gaming...

Macau gaming tax revenue tops US$8.3bln to July, up 2.3pct

Aug 15, 2019 Newsdesk Latest News, Macau, Top of the deck

The government of Macau says it collected MOP67.21 billion (US$8.32 billion) in tax revenue from the city’s gaming industry in the first seven months this year. The tax revenue collected from the...