Blog
Melco Resorts & Entertainment will create a casino and integrated resort (IR) in the heart of Sri Lanka's capital Colombo, it said in an announcement on Tuesday along with its first-quarter earnings.City of Dream Sri Lanka (writer rendering photo) will collaborate with John Keells Holdings Plc, described as the largest [more...]
Casino investor Landing International Development confirmed to GGRAsia that three senior executives involved in starting a business at Jeju Shinhwa World Game Resort (pictured) in Jeju Island, South Korea, in February last year had left the group.Albert Lim, who was senior vice president of resort operations at Landing Jeju Development, [more...]
"The Konami brand is looking to enter the highly competitive Macau market to expand its recent slot product success in the Asia-Pacific (APAC) region, including the Philippines," David Punter, head of the region, told GGRAsia."We have more traction outside Macau at the moment. But Macau will be a bigger focus [more...]
Commercial casinos and racinos in the Finger Lakes and Western New York, along with unions have formed a coalition to weigh in on the compact discussions between Seneca Nation and the state. The group of non-tribal casinos and racinos said that they will not tolerate any “middle-of-the-night agreements that lack [more...]
Grand Korea Leisure Inc., which operates foreigner-only casinos in South Korea, said Monday that its casino sales in June reached 14.82 billion won, up 45.6 percent from the previous month. The sales were up 18.7 percent year-on-year, the company said.Grand Korea Leisure's table game sales reached nearly W13.28 billion in [more...]
Italian lottery supplier GTech SpA reported on Thursday a 9.6% drop in net profit in the second quarter of the year compared with the same period last year. GTech SpA posted 60.8 million euros ($81.4 million) in net profit.The company's total revenue fell 1.4% to 751.1 million euros and its [more...]
Many industries have been hit hard by unprecedented conditions in the past few years, and the New York hospitality and gambling industry is no exception. But good things are waiting for us in this sector. Earlier this month, lawmakers included the expedited processing of Downstate Casino licences, which formally require [more...]
Macau has reduced the permitted length of stay for mainland Chinese passport holders passing through the city from seven days to five days. On Monday, police said the new rule will take effect from July 1.Currently, Macao immigration regulations allow mainland passport holders to stay in Macao for up to [more...]
Casino investor Landing International Development has seen Jay Lee Poh Yee leave as chief operating officer, and GGRAsia has learned from several sources with knowledge of the matter.Lee, a former executive at Malaysian casino brand Genting, reportedly left Hong Kong-listed Landing International in January.Lee was appointed chief operating officer of [more...]
