GGRAsia – World

World

DB bullish on Wynn Resorts for Wynn Palace

Aug 16, 2017 Newsdesk Latest News, Macau, Top of the deck, World

The stock of U.S.-based casino operator Wynn Resorts Ltd has been upgraded to ‘buy’ from ‘hold’ by brokerage Deutsche Bank Securities Inc in a Tuesday note. Its analysts said factors...

Novomatic to take over Ainsworth’s sales in Europe

Aug 14, 2017 Newsdesk Industry Talk, Latest News, World

The management of sales for Australia-based slot maker Ainsworth Game Technology Ltd in Europe will now be taken over by Austria-based gaming equipment maker Novomatic AG, the latter company said...

China releases remaining Crown Resorts staff: firm

Aug 14, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck, World

Chinese authorities have released from detention the remaining employees of Australian casino operator Crown Resorts Ltd that were still in prison, the company said in a Monday filing. The document...

Imp Pac raising US$51mln for phase one of Saipan casino

Aug 10, 2017 Newsdesk Latest News, Top of the deck, World

Imperial Pacific International Holdings Ltd, developer of a casino project on the Pacific island of Saipan, is seeking to raise an aggregate of HKD400 million (US$51.2 million) from two bond...

Aristocrat to pay US$500 mln for social gaming firm Plarium

Aug 10, 2017 Newsdesk Latest News, Top of the deck, World

Australia-based slot machine maker Aristocrat Leisure Ltd announced on Thursday that it has entered into an agreement to acquire social gaming company Plarium Global Ltd for a consideration of...

Crown profit up on Melco stake sale, VIP gaming down

Aug 04, 2017 Newsdesk Latest News, Top of the deck, World

Australian casino company Crown Resorts Ltd on Friday reported net profit of AUD1.87 billion (US$1.49 million) for the year ended June 30, up by 96.7 percent from the preceding fiscal year, despite a...

MGM China revenue, EBITDA down in 2Q

Jul 28, 2017 Newsdesk Latest News, Macau, Top of the deck, World

Macau casino operator MGM China Holdings Ltd saw second-quarter revenue decrease 0.4 percent year-on-year to HKD3.49 billion (US$447.5 million), the firm said in a statement to the Hong Kong Stock...

IGT finance rejig worth up to US$2 per share: Telsey

Jul 27, 2017 Newsdesk Latest News, Top of the deck, World

Gaming and lottery technology provider International Game Technology Plc (IGT) says it expects to achieve an estimated US$60 million in annualised interest cost savings from a combination of...

Caesar OpCo bankruptcy exit nears on group rejig: CEO

Jul 26, 2017 Newsdesk Japan, Latest News, Top of the deck, World

Nearly 88 percent of the common stock held in U.S.-based casino group Caesars Entertainment Corp has been voted in favour of merging Caesars Acquisition Co with the parent. Caesars Acquisition...

Macau operations boost Wynn Resorts 2Q revenue

Jul 26, 2017 Newsdesk Latest News, Macau, Top of the deck, World

Macau casino operator Wynn Macau Ltd reported total revenues of approximately US$1.10 billion in the second quarter of 2017, up 71.6 percent compared with nearly US$639.3 million in the prior-year...

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Aristocrat aims to innovate and entertain

Aug 01, 2017

Sponsored content Aristocrat Leisure Ltd strives to lead the gaming industry in creating combinations of innovative cabinets and games that really entertain. Its game and cabinet creations are designed to help operators cater to all types of players and gaming floor segments. “Our global teams of...