GGRAsia – Rest of Asia

Rest of Asia

A Thai law on casino resorts may get nod 2025: PM aide

Nov 15, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck

Thailand’s government is working to get a law on casino resorts – currently at a draft stage – passed during 2025 by the two chambers of the country’s parliament, reported Bloomberg...

Thailand GGR maybe US$9bln, passing Singapore: Citi

Nov 14, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck

Thailand could move from a proposal for casino legalisation to industry implementation “as quickly and as efficiently” as the Singapore government did two decades ago, says Citigroup. But a Thai...

Shin Hwa plans to issue nearly US$26mln in bonds

Nov 12, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck

Hong Kong-listed casino developer Shin Hwa World Ltd has announced a proposal to issue bonds to investors in the aggregate principal amount of up to HKD200.0 million (US$25.7 million), according to...

Mega Fortris listed in Malaysia, IPO oversubscribed

Nov 11, 2024 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

Malaysia-based security seal specialist Mega Fortris Bhd started trading on the main market of Bursa Malaysia on Monday, after an initial public offering (IPO) that the company said drew...

Grand Korea Leisure 3Q net income halved y-o-y to US$4mln

Nov 11, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck

Third-quarter net income at Grand Korea Leisure Co Ltd, an operator in South Korea of foreigner-only casinos, declined by 49.5 percent year-on-year to approximately KRW6.04 billion (US$4.3 million)....

Paradise Co’s 3Q net income down 55pct y-o-y

Nov 08, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck

Third-quarter net income at Paradise Co Ltd, an operator of foreigner-only casinos in South Korea, dipped 55 percent year-on-year to KRW19.66 billion (US$14.20 million), while group-wide casino sales...

Vietnam locals-play pilot confirmed to year-end: report

Nov 06, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck

There has been official confirmation that Vietnam’s so-far only pilot scheme allowing economically-qualified locals to gamble, is to be extended until the end of this year. That is according to...

Melco Resorts eyes resuming dividend payment in 2H2025

Nov 06, 2024 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

Casino group Melco Resorts & Entertainment Ltd aims to resume dividend payment to shareholders in the second half of 2025, said on Tuesday the firm’s management on the call to discuss its...

Jeju’s Gongzi Casino sees operations halted since Sunday

Nov 05, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck

Gongzi Casino on Jeju island, South Korea, has halted its operations since Sunday (November 3), GGRAsia has confirmed. The hotel where the casino is based – Ramada Plaza by Wyndham Jeju Ocean Front...

GKL’s Oct casino revenue down m-o-m to US$22mln

Nov 04, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck

Casino sales in October at Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, were 11.0-percent lower month-on-month, to nearly KRW30.54 billion (US$22.2...

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Capitalise on the best Asian teams’ struggles in the World Cup...

Oct 22, 2024

Sponsored feature | Trustworthy betting company 1xBet talks about the key events of World Cup qualification in Asia that occurred in October. Saudi Arabia and Qatar lagging behind In Group A, Iran and Uzbekistan have solidified their positions. Both teams have gained 10 points so far and are now...