GGRAsia – Newsletter

Singapore casino revenue 75pct of 2019 in 2022: Fitch

Nov 24, 2021 Newsdesk Latest News, Singapore, Top of the deck

Singapore casino revenue is likely to recover in 2022 to about 75 percent of 2019 levels, compared to the circa 50 percent recovery relative to pre-pandemic levels seen this year, says a Tuesday...

Casino consultancy founded by Ben Lee gets Cambodia office

Nov 24, 2021 Newsdesk Industry Talk, Latest News

Macau-based gaming industry consultancy IGamiX Management & Consulting Ltd announced on Wednesday the launch of a subsidiary in Cambodia and the opening of a regional office in that country’s...

S.Korea nabs US$1bln bet gang out of Philippines: report

Nov 24, 2021 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

A total of 130 people has been apprehended from an alleged criminal ring that operated a gambling website via the Philippines targeting South Koreans and generating KRW1.3 trillion (US$1.09 billion)...

Wynn shares liability on junket deposit: Macau appeal court

Nov 24, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau’s Court of Final Appeal has upheld a ruling from the Court of Second Instance, stating that casino operator Wynn Macau Ltd was jointly liable for the refund of a deposit of chips worth...

Casino places living with Covid recovering best: Fitch

Nov 24, 2021 Newsdesk Latest News, Macau, Singapore, Top of the deck

Casino jurisdictions with a “‘living with the coronavirus’ mentality” and “faster vaccination rollouts” relative to other places, have seen improving gaming revenue, while casino...

Macau eases travel for mainland places, inbound air trips

Nov 24, 2021 Newsdesk Latest News, Macau, Top of the deck

From the start of Wednesday, the Macau government will lift the quarantine requirement for the remaining places in mainland China where originating travellers were subject to such a measure....

Success Dragon flags swing to 1H profit from loss last year

Nov 23, 2021 Newsdesk Latest News, Macau, Top of the deck

Gaming services provider Success Dragon International Holdings Ltd expects a HKD4.4-million (US$565,000) net profit for the six months ended September 30 this year, compared to a net loss of HKD6.1...

Spintec Baccarat electronic game with new ‘squeeze’ options

Nov 23, 2021 Newsdesk Latest News, Trends & Tech

Slovenia-based electronic casino table game supplier Spintec d.o.o. says its Spintec Baccarat product has been upgraded with new features. The upgraded product is already available in a number of...

Maddox exiting Wynn to explore non-gaming areas: Satre

Nov 23, 2021 Newsdesk Latest News, Macau, Top of the deck, World

The chairman of casino operator Wynn Resorts Ltd, Phil Satre, says company chief executive Matt Maddox will be stepping down from the post at the end of January to pursue career opportunities in...

Zhuhai eases Covid test rule for travel inbound via Macau

Nov 22, 2021 Newsdesk Latest News, Macau, Top of the deck

With effect from 1am on Tuesday (November 23), people intending to travel from Macau to the neighbouring city of Zhuhai, in mainland China, will face relaxed rules regarding Covid-19 testing. Such...