GGRAsia – Top of the deck

Top of the deck

Macau police detain one local over crypto coin launch

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

Macau’s Judiciary Police said on Friday that a male Macau resident had been detained for alleged involvement in giving false information designed to attract public subscribers to a cryptocurrency...

Singapore govt touts gaming oversight consolidation

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

Josephine Teo, Singapore’s second minister for Manpower and Home Affairs, said there needs to be greater consolidation of casino regulatory functions in the city-state, according to local media...

Plenty of likely suitors for Wynn Macau Ltd: Telsey

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

The market does not know “how many” U.S. gaming companies might be welcome in Macau beyond the year 2022, when the final four of the city’s current six gaming concessions are due to expire,...

SJM to introduce clean-energy bus service in May

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

Macau casino operator SJM Holdings Ltd announced on Thursday that one of its subsidiaries would introduce a so-called “new-energy” shuttle bus service in Macau starting from May 2018. The...

Wynn Resorts rejects Elaine Wynn fresh board pick plan

Apr 20, 2018 Newsdesk Latest News, Top of the deck, World

The board of U.S.-based casino operator Wynn Resorts Ltd has rejected a request by its largest shareholder, Elaine Wynn, to reopen the window in which shareholders can nominate directors. The...

Boracay casino scheme officially intact: Pagcor

Apr 20, 2018 Newsdesk Latest News, Philippines, Top of the deck

The Philippines’ gaming regulator, the Philippine Amusement and Gaming Corp (Pagcor), says it is “not aware” of a suggestion that a venture involving Macau casino operator Galaxy Entertainment...

Macau junkets counter crypto coin firm’s biz claims

Apr 19, 2018 Newsdesk Latest News, Macau, Top of the deck

Several Macau junket operators have issued clarifications denying having either business relations or partnership with a company that on Tuesday announced at a Macau event the launch of an investor...

Wynn Macau seeks nod for share repurchase scheme

Apr 19, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Wynn Macau Ltd is to ask investors for a mandate to repurchase up to 10 percent of the total number of issued shares in the firm. Wynn Macau Ltd is majority-owned by...

Macau’s GDP to grow by 7pct in 2018: IMF

Apr 19, 2018 Newsdesk Latest News, Macau, Top of the deck

The International Monetary Fund (IMF) expects Macau’s gross domestic product (GDP) to grow by 7.0 percent this year and 6.1 percent in 2019, slightly slower than in 2017. The forecast was included...

APT clarifies no crypto coin links to coming APT Macau

Apr 19, 2018 Newsdesk Industry Talk, Latest News, Macau, Top of the deck

The Asian Poker Tour has issued a statement saying that its planned APT Macau Championships 2018 will have “no association, involvement from, or usage of, cryptocurrency”. In an earlier press...