GGRAsia – Top of the deck

Top of the deck

Macau VIP GGR up 20pct sequentially in 1Q: govt

Apr 16, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau’s VIP gross gaming revenue (GGR) in the first quarter of 2021 reached nearly MOP9.13 billion (US$1.14 billion), up 19.7 percent sequentially, according to data released on Friday by the...

NUSTAR complex in Cebu slated to open 2022: UHRI

Apr 16, 2021 Newsdesk Latest News, Philippines, Top of the deck

The NUSTAR Resort and Casino in Cebu, in the Philippines, is scheduled to open in 2022, its promoter confirmed in an email reply to GGRAsia. The scheme is being developed by Philippines-based...

Labour Day hols hotels to be 40-50pct full: Macau govt

Apr 16, 2021 Newsdesk Latest News, Macau, Top of the deck

Average nightly occupancy for Macau hotels, including properties in casino resorts (pictured), during the upcoming Labour Day holiday in May could be “40 percent to 50 percent”, based on bookings...

Macau may tie GBA backing to gaming tender: law experts

Apr 16, 2021 Newsdesk Latest News, Macau, Top of the deck

The Macau government might seek forms of in-kind benefit other than licence fees and taxation from casino companies that wish to take part in a new public tender process associated with the 2022...

Bloomberry Quezon project in 2023, focus on preserving cash

Apr 16, 2021 Newsdesk Latest News, Philippines, Top of the deck

The boss of Philippine casino operator Bloomberry Resorts Corp has said that completion date of the group’s new casino project in Quezon City has been deferred to 2023, amid delays caused by...

GEN Singapore faulty vote on chairman incentive award

Apr 16, 2021 Newsdesk Latest News, Singapore, Top of the deck

Genting Singapore Ltd said on Thursday that a previous resolution to make a performance-related share award to its executive chairman Lim Kok Thay, involved incorrect procedure, as another firm...

Macau 2021 GGR could be half of pre- Covid-19 levels: Fitch

Apr 15, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau’s economy is projected to “rebound by 53 percent” this year, assuming a recovery in gross gaming revenue (GGR) “to about half” of pre- Covid-19 levels, said Fitch...

Only 2 of 8 Jeju casinos now open as Gongzi Jeju shuts

Apr 15, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck

Only two out of eight foreigner-only casinos on the South Korean holiday island of Jeju are currently operating, according to Thursday telephone enquiries by GGRAsia. As of mid-December, four out of...

Macau 1Q gaming tax take US$1.15 bln, down 50pct

Apr 15, 2021 Newsdesk Latest News, Macau, Top of the deck

The Macau government collected just above MOP9.17 billion (US$1.15 billion) in tax revenue from the city’s gaming industry for the first three months of 2021. That figure was down 50.4 percent...

Sands China says no links to online gaming site

Apr 15, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau-based casino operator Sands China Ltd has issued a statement on Wednesday distancing itself from a website offering “online gaming” that it says is exploiting the company’s brands. The...