GGRAsia – Top of the deck

Crown junket halt unlikely to be extended: JP Morgan

Sep 29, 2020 Newsdesk Latest News, Top of the deck, World

The move by casino operator Crown Resorts Ltd, to halt until June next year any activity with external gaming-junket partners, was unlikely to lead to a long-lasting cut in such ties, said JP Morgan...

S&P says Genting Bhd governance constrains ratings

Sep 29, 2020 Newsdesk Latest News, Rest of Asia, Singapore, Top of the deck, World

An assessment of management and corporate governance at Malaysian casino conglomerate Genting Bhd has been lowered to ‘fair’, from ‘satisfactory’, by Standard & Poor’s (S&P’s)...

Macau govt not easing test rules for inbound travel from HK

Sep 29, 2020 Newsdesk Latest News, Macau, Top of the deck

Macau is not planning currently any relaxation of the Covid-19 test requirement for anyone wishing to enter the city from neighbouring Hong Kong, said Alvis Lo Iek Long, clinical director at Macau...

Stanley Ho Melco tie not probed in Crown share deal: inquiry

Sep 29, 2020 Newsdesk Latest News, Macau, Top of the deck, World

A non-executive director at Australian casino firm Crown Resorts Ltd, Michael Johnston, said on Monday that he had not checked whether Stanley Ho Hung Sun, former monopolist in the Macau casino...

Baidu exec held on alleged promotion of gambling sites

Sep 28, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

A senior executive at China’s Internet-search provider Baidu Inc, has been detained by police in the mainland city of Hangzhou, in connection with an inquiry into alleged promotion of gambling...

At least 10 Cambodia casinos reopen, more soon: govt

Sep 28, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

At least eight casinos in Cambodia aside from NagaWorld in the capital Phnom Penh, and Star Vegas Resort and Club in Poipet, have reopened for limited operations after being shuttered due to Covid-19...

Mild hope of Macau Golden Week tourism perk: trade rep

Sep 28, 2020 Newsdesk Latest News, Macau, Top of the deck

Tourists from neighbouring Guangdong are likely to be the main component of Macau’s visitors during the upcoming Golden Week holiday starting on Thursday (October 1), a representative from the...

Paradise SegaSammy refinancing existing debt: firm

Sep 28, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Paradise SegaSammy Co Ltd, a joint venture between South Korean casino operator Paradise Co Ltd and Japan’s Sega Sammy Holdings Inc, is refinancing an existing KRW100-billion (US$85.4-million)...

US$147bln exits China online yearly for gambling: report

Sep 28, 2020 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

Movement of funds cross-border out of mainland China – including via digital currencies – is helping to fuel transfer of at least CNY1 trillion (US$146.5 billion) for gambling each year, claimed...

Crown halting all activity with junkets till end-June 2021

Sep 25, 2020 Newsdesk Latest News, Top of the deck, World

Australian casino operator Crown Resorts Ltd said in a Friday filing that it had suspended “all activity” with external gaming-junket partners, with effect until June 30, 2021. The company told...