GGRAsia – Top of the deck

Singapore casino market to recover from 2022: LVS CEO

Oct 21, 2021 Newsdesk Latest News, Macau, Singapore, Top of the deck

The Singapore casino market is likely to recover in 2022, driven by a high Covid-19 vaccination rate domestically and the opening up of inbound travel, said Robert Goldstein, chairman and chief...

Aristocrat raises US$674mln for Playtech acquisition

Oct 21, 2021 Newsdesk Latest News, Top of the deck, World

Slot machine maker and online gaming content provider Aristocrat Leisure Ltd says it has raised approximately AUD895 million (US$674.2 million) via an institutional entitlement offer, at AUD41.85...

Sands China posts US$423mln 3Q loss, positive EBITDA

Oct 21, 2021 Newsdesk Latest News, Macau, Singapore, Top of the deck

Macau casino operator Sands China Ltd recorded a net loss of US$423 million for the three months to September 30, as heightened pandemic-related restrictions had a negative impact on the group’s...

Galaxy invests US$15.6mln in Macau-issued green bonds

Oct 21, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Galaxy Entertainment Group Ltd says it has invested in September, CNY100 million (US$15.6 million) in so-called “biodiversity themed green bonds” issued by Bank of...

100 Landing Casino staff exit under pandemic restructure

Oct 20, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed Landing International Development Ltd, the promoter of a foreigner-only gaming venue, Landing Casino (pictured in a file photo), inside the Jeju Shinhwa World resort on the South...

Hoiana resort in pilot scheme for jabbed foreign tourists

Oct 20, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

The Hoiana casino resort (pictured) in Quang Nam province, Vietnam, has confirmed to GGRAsia that it will be one of the tourism destinations able to welcome guests from overseas as part of a...

Remote gambling proposed for foreigner casinos in S. Korea

Oct 20, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Loss of sales at South Korea’s foreigner-only casinos due to travel restrictions linked to the Covid-19 pandemic, means that sector should be allowed to introduce remote gambling for overseas...

Macau’s Grand Emperor sees 2-week lockdown lifted

Oct 19, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau’s Grand Emperor Hotel (pictured), a three-star hotel with gaming facilities, has seen its two-week lockdown lifted at the stroke of midnight on Tuesday (October 19). The Grand Emperor Hotel...

Playtech deal valuation higher if Aristocrat cuts risk: analyst

Oct 19, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Aristocrat Leisure Ltd’s proposed AUD3.9-billion (US$2.9-billion) acquisition of online gambling platform provider Playtech Plc could rise to a valuation multiple 15.5 times Playtech’s adjusted...

Macau on course for new low level of problem gambling

Oct 19, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau is on track this year for the lowest level of notified problem gambling in the past decade, according to statistics from the city’s Social Welfare Bureau. In the six months to June 30, there...