GGRAsia – Newsletter 5

Newsletter 5

MGS Summit to mull gaming role in Belt and Road

Aug 18, 2017 Newsdesk Industry Talk, Latest News, Macau

The conference portion of this year’s MGS Entertainment Show – known as the MGS Summit – will look at what role the casino industry might be able to play in China’s “Belt and Road”...

Lionsgate theme park in Jeju to open in 2019: Landing Intl

Aug 17, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed investment firm Landing International Development Ltd said on Wednesday that it has an agreement with Lions Gate Entertainment Inc – a unit of a major Hollywood media group that...

Konami backs push for product innovation

Aug 16, 2017 Newsdesk Latest News, Trends & Tech

Casino equipment manufacturer Konami Gaming Inc is joining gaming suppliers Interblock DD and GameCo Inc as a lead sponsor of a new casino industry advisory panel. It will recommend industry best...

Asian casino op Donaco closes deal to refinance bank loan

Aug 15, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck

Australia-listed casino operator Donaco International Ltd has made binding agreements with Mega International Commercial Bank Co Ltd to refinance a current term loan facility with the lender. The...

GEN HK to net US$90mln from Norwegian cruise share sale

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

Casino cruise ship operator and Philippine casino investor Genting Hong Kong Ltd is to book a net gain of approximately US$90.1 million from the sale of a 3.29-percent stake in Norwegian Cruise Line...

Philippines removed from AML watch after casino inclusion

Aug 11, 2017 Newsdesk Latest News, Philippines, Top of the deck

The Philippines has been removed from an international money laundering watch list after enacting a law that brings the nation’s casinos within the scope of the country’s Anti-Money Laundering...

S.Korea’s Kangwon Land 2Q net profit down 11 pct

Aug 10, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck

South Korean casino operator Kangwon Land Inc said its net profit for the second quarter of 2017 fell by 10.7 percent from the prior-year period. Such profit was KRW110.4 billion (US$96.9 million)...

Poker King Club announces US$1-mln prize poker series

Aug 09, 2017 Newsdesk Latest News, Macau, Philippines, Rest of Asia, Top of the deck

Poker King Club, a unit of Macau VIP junket room investor Suncity Group, announced on Wednesday it will be launching in September a poker series with a guaranteed HKD8-million (US$1-million) prize....

MGM Resorts, China New Town to establish tourism fund

Aug 08, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed real estate developer China New Town Development Co Ltd says it has signed a memorandum of understanding with U.S.-based casino operator MGM Resorts International to jointly...

AGE return to Darling Harbour a pleasure, challenge: Ferrar

Aug 07, 2017 Newsdesk Industry Talk, Latest News

The head of the organiser of the Australasian Gaming Expo says “no effort has been spared” to ensure the success of the event’s 2017 edition. The trade show is due to take place at the recently...

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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...