GGRAsia – World

An Australian gaming regulator grilled over Macau trip

Jul 07, 2014 Newsdesk Latest News, Macau, Top of the deck, World

Opposition politicians in Western Australia (WA) are demanding more details about a trip to Macau made by a senior official of the state’s gaming regulator. According to the Australian...

Macau junket investor’s shares jump after Saipan ruling

Jul 04, 2014 Newsdesk Latest News, Macau, Top of the deck, World

A Macau junket investor’s shares rose 14.52 percent in Hong Kong on Friday after a legal bid to block it or anyone else from applying for a casino licence on the Pacific island of Saipan was...

Macao Gaming Show bigger in 2014

Jul 04, 2014 Newsdesk Industry Talk, Latest News, Macau, Rest of Asia, World

The main organiser of Macao Gaming Show (MGS) says November’s event will be bigger than last year’s. As of July 1, 95 percent of last year’s exhibitors have rebooked, according to Macau...

LT Game gets approval from Nevada

Jul 04, 2014 Newsdesk Latest News, Macau, Top of the deck, World

Paradise Entertainment Ltd, parent of casino multi-game manufacturer LT Game Ltd, says the latter has received “formal written approval from the Nevada Gaming Control Board” for installation...

Oz watchdog growls at Aquis on takeover of rival casino

Jul 03, 2014 Newsdesk Features, Latest News, World

The Australian Competition and Consumer Commission (ACCC) said on Thursday it was concerned about harm to the public interest if a Hong Kong-based developer were allowed to take over a casino in...

NAB reduces stake in Echo Entertainment

Jul 03, 2014 Newsdesk Latest News, Top of the deck, World

National Australia Bank Ltd said in a filing on Thursday that it has reduced its holding in Australian casino operator Echo Entertainment Group Ltd. The document submitted to the Australian...

Amax extends Vanuatu deal deadline

Jul 03, 2014 Newsdesk Latest News, Macau, Top of the deck, World

Macau junket investor Amax International Holdings Ltd on Thursday said it hopes to complete a deal to acquire a 60 percent stake in a casino in the Pacific island Republic of Vanuatu by the end of...

U.S. gaming industry showing improvement: analyst

Jul 03, 2014 Newsdesk Latest News, Top of the deck, World

United States regional gaming showed signs of improvement in May, although gross gaming revenue (GGR) is still dropping, said U.S.-based Telsey Advisory Group. “GGR across 22 reporting states...

Investors see value created via casino supplier M&A

Jul 02, 2014 Newsdesk Features, Latest News, World

The casino industry equipment supply sector appears to be going through a period of realignment. It started in March last year when New York-based Scientific Games Corp, a supplier of technology to...

Macau investor offers locals cash if wins Saipan casino bid

Jul 02, 2014 Newsdesk Latest News, Macau, Top of the deck, World

Macau junket investor Imperial Pacific International Holdings Ltd said in a Hong Kong filing it would distribute cash vouchers totalling US$10 million among all locally born adults in the U.S....