GGRAsia – Newsletter 4

Newsletter 4

Increased policing effort around Macau casinos: govt

Jan 17, 2019 Newsdesk Latest News, Macau, Top of the deck

The Macau authorities have increased policing around the city’s casinos, said the Secretary for Security, Wong Sio Chak. The announcement comes shortly after an incident earlier this month in which...

Bullish Osaka to start IR partner search in spring

Jan 16, 2019 Newsdesk Japan, Latest News, Top of the deck

Osaka prefecture and city will start this spring the process of selecting commercial partners in its effort to host one of Japan’s first casino resorts. That is according to comments by Ichiro...

Smoke rule cheating persists in Macau VIP rooms: workers

Jan 15, 2019 Newsdesk Latest News, Macau, Top of the deck

Alleged violations of Macau’s implemented update to casino smoking rules have most commonly been witnessed in some of the city’s VIP gambling rooms or their immediate facilities. So said...

Kazuo Okada wants PSE to stop Tiger Resort backdoor float

Jan 15, 2019 Newsdesk Latest News, Philippines, Top of the deck

Japanese billionaire entrepreneur Kazuo Okada (pictured in a file photo) has requested the Philippine Stock Exchange (PSE) to block an operation paving the way for the backdoor listing of shares in...

Jury out on China reserve ratio cuts aiding Macau gaming

Jan 11, 2019 Newsdesk Latest News, Macau, Top of the deck

The imminent intention of China’s central bank to cut the national banking system’s reserve requirement ratio (RRR) twice in a calendar month might possibly prove positive for Macau’s...

CNY visitor tally likely up 10pct: Macau tourism boss

Jan 10, 2019 Newsdesk Latest News, Macau, Top of the deck

Macau might see an “8 percent to 10 percent” year-on-year increase in visitor arrivals for the upcoming Chinese New Year (CNY) holiday, said Maria Helena de Senna Fernandes (pictured in a file...

Macau, mainland busts major POS cash ring: police

Jan 09, 2019 Newsdesk Latest News, Macau, Top of the deck

Macau’s Judiciary Police told local media on Tuesday that the force had helped disrupt a “large-scale” criminal operation allegedly involving point-of-sale (POS) machines that processed HKD1.2...

Kangwon Land ex-CEO sentenced to 3 years in prison

Jan 09, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

A former chief executive at Kangwon Land Inc, the only casino operator in South Korea authorised to let locals gamble, has been sentenced to three years in prison for unfair staff-hiring practices,...

Fire reported at Cambodian border casino in Poipet

Jan 08, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

An extensive fire reportedly broke out at a casino complex in the Cambodian town of Poipet, a border resort destination with venues that serve many players from neighbouring Thailand, where casino...

Galaxy Entertainment warns of fake promos in Vietnam

Jan 04, 2019 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Galaxy Entertainment Group Ltd has warned about advertisements on social media for a resort in Cam Ranh Bay in Vietnam which call the resort “Nha Trang Galaxy’s” and bear...