Macau - GGRAsia
WEBMacau Golden Week daily GGR likely at US$112mln: MS. Sep 19, 2024 Newsdesk Latest News, Macau, Top of the deck . Macau’s daily casino gross gaming revenue (GGR) in the upcoming October Golden Week period could reach MOP900 million (US$112.1 million), says Morgan Stanley Asia Ltd. October’s full-month...
Latest News - GGRAsia
WEBParadise Walkerhill expansion a significant advantage: CEO. Sep 19, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck . The opening of a VIP-exclusive venue (pictured) at Paradise Walkerhill Casino in South Korea’s capital, Seoul, will enable Paradise Co Ltd to “gain significant competitive advantage as a leading...
BLOOM settles with GGAM via US$300mln share buyback
WEBMar 19, 2024 · The settlement with GGAM requires Sureste Properties Inc – a unit of Bloomberry – to purchase all the Bloomberry shares held by GGAM, for a total purchase price of US$300 million. The agreed purchase price will amount to PHP18.22 (US$0.32) per share, involving a total of 921,184,056 shares, said Bloomberry in a filing to the Philippine ...
Wynn Resorts unveils US$2bln Wynn Palace extension
WEBJul 11, 2019 · Casino operator Wynn Resorts Ltd announced on Wednesday in the United States plans for its long-anticipated expansion of its Macau casino resort Wynn Palace. The glass and steel Crystal Pavilion (pictured in an artist’s rendering) – as the group has dubbed it – and an associated 650-room hotel tower, has an initial estimated cost of US$2 ...
David Group to close three Macau VIP rooms, grow overseas
WEBJan 19, 2015 · Macau junket operator David Group confirmed that it would close some of its VIP rooms in Macau; but only three out of seven. The consolidation process will allow the group to expand overseas, the firm said in a statement on Saturday. Reports that David Group was scaling back its Macau presence first …
Newport World Resorts to introduce table games to PIGO ops
WEBNov 20, 2023 · The operator of casino complex Newport World Resorts, in the Philippine capital Manila, is set to expand operations under its Philippine Inland Gaming Operator (PIGO) licence, with the addition of live table games, the property’s chief operating officer, Hakan Dagtas, told GGRAsia. The new offering is scheduled to go live next month.
Singapore - GGRAsia
WEBSingapore Aug visitor tally down circa 4pct m-o-m: STB. Sep 10, 2024 Newsdesk Latest News, Singapore, Top of the deck . Singapore’s August visitor arrivals tallied 1.54 million, down 3.75 percent sequentially from July’s 1.60 million, the latter also the best month volume-wise so far in 2024, according to the...
Far East Consortium casino biz eyes US$41mln via IPO in HK
WEBMar 18, 2024 · Far East Consortium casino biz eyes US$41mln via IPO in HK. European gaming and leisure entity Palasino Holdings Ltd, a subsidiary of Hong Kong-listed property developer Far East Consortium International Ltd, announced on Monday details of its initial public offering (IPO) in Hong Kong. The company …
GGRAsia – Rest of Asia
WEBSep 13, 2014 · Fitch ups revenue forecast for GEN Malaysia on travel uptick. Sep 19, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck . Fitch Ratings Inc says it has “raised” its 2024 and 2025 revenue forecast for casino firm Genting Malaysia Bhd, expecting the company to achieve “up to 100 percent of the 2019 level,” the...
Cambodia GGR recovery to up pace this year: NagaCorp
WEBFeb 20, 2024 · NagaCorp’s GGR for full-year 2023 was US$514.8 million, with 65.4 percent of it booked to mass gaming operations. The 2023 GGR reached only 29.9 percent of 2019’s US$1.72-billion. In the latter year, 72.3 percent of NagaCorp’s GGR came via the VIP market. The group said in Tuesday’s update, it might scale down the …