GGRAsia – World

Melco Cyprus casinos under temporary suspension

Dec 17, 2020 Newsdesk Latest News, Top of the deck, World

The Cyprus Casinos (C2) properties, backed by Asian casino operator Melco Resorts and Entertainment Ltd, have “temporarily” suspended operations for “health reasons” in line with a Republic...

Moody’s says Wynn Macau Ltd fresh notes tally US$650mln

Dec 15, 2020 Newsdesk Latest News, Macau, World

Casino operator Wynn Macau Ltd’s fresh notes as an add-on to its senior unsecured notes due in 2028, will carry a face value of US$650 million, says a Monday note from Moody’s Investors Service...

BMM names ex-Aristocrat executive Navin Goel as COO

Dec 15, 2020 Newsdesk Industry Talk, Latest News, World

Gaming testing laboratory and technical consulting company BMM International LLC, known as BMM Testlabs, says it has appointed Navin Goel (pictured) as chief operations officer (COO). According to a...

IGT US$1bln sale in Italy aids valuation: Union Gaming

Dec 09, 2020 Newsdesk Latest News, Top of the deck, World

The decision of casino game supplier and lottery services firm International Game Technology Plc to sell off a consumer-facing Italian gaming business for EUR950 million (US$1.15 billion), would help...

MGM Resorts names Corey Sanders COO, seeks new CFO

Dec 07, 2020 Newsdesk Industry Talk, Latest News, World

United States-based casino group MGM Resorts International says it has appointed its chief financial officer (CFO), Corey Sanders (pictured), to the post of chief operating officer (COO), with...

Nevada casino capacity halved to 25pct amid rise in virus

Nov 23, 2020 Newsdesk Latest News, Top of the deck, World

Nevada’s governor, Steve Sisolak, said at a Sunday press conference that occupancy limits at the state’s casinos and their dining and drinking outlets would be cut from 50 percent to 25 percent...

Crown Sydney gaming start delayed amid op suitability issue

Nov 18, 2020 Newsdesk Latest News, Top of the deck, World

The New South Wales Independent Liquor and Gaming Authority (ILGA) in Australia, said on Wednesday it had asked Crown Resorts Ltd to delay the opening – originally scheduled for next month...

Crown Resorts says ending junkets for good, door ajar

Nov 17, 2020 Newsdesk Latest News, Top of the deck, World

Australian casino operator Crown Resorts Ltd, which is currently under scrutiny in New South Wales about its suitability for a gaming licence there, says it will “permanently cease dealing with all...

U.S. 3Q commercial gaming 81pct pre-virus levels: AGA

Nov 17, 2020 Newsdesk Latest News, Top of the deck, World

Commercial gaming operations in the United States – including land-based casinos, sports betting and iGaming – achieved in the third quarter, revenue equal to 81 percent of the industry’s...

IGT 3Q revenue up 54pct sequentially, narrows net loss

Nov 12, 2020 Newsdesk Latest News, Top of the deck, World

Gaming and lottery provider International Game Technology Plc (IGT) reported on Wednesday revenue of nearly US$981.5 million for the third quarter of 2020, up 54.0 percent from the preceding quarter....