01/19/24 Summit sells Crystal Tiger licence due to Russia-Ukraine conflict Summit Ascent has confirmed the US$116m sale of G1 Entertainment, the Tigre de Cristal casino licence holder, citing uncertainties from the Russia-Ukraine conflict.
01/19/24 Mok Ming Wai steps down as Summit Ascent’s company secretary Mok Ming Wai, employed by Tricor Services to provide certain secretarial services to Summit Ascent, had resigned with effect from February 17.
01/19/24 Japan’s first IR spurs hotel investment interest Ascott Limited targets hotel investment growth in Osaka following Japan’s approval of its first integrated resort with a casino there.
01/19/24 Malaysia: 17 arrested in illegal online gambling raid Authorities raided an online gambling syndicate in Jalan Kerinchi, Bangsar, arresting 17 people, including 14 Chinese nationals and three locals.
01/18/24 LVS considers raising Marina Bay Sands revamp budget to US$4bn Deutsche Bank estimates that the budget could increase to US$4bn.
01/18/24 Grand Korea Leisure posts net income of US$32.8m for 2023 The South Korean casino operator has returned to profitability in 2023, posting a net income of KRW44.08bn (US$32.8m) for the full year, up 51.3 per cent year-on-year.
01/18/24 Labor casts doubts over Greens proposal to ban pokies in Brisbane Tracey Price, Labor candidate for Lord Mayor, argued banning pokies would damage businesses and hurt the city’s economy.
01/18/24 Malaysia: 13 arrested over alleged illegal online gambling Police in Penang carried out two raids and uncovered a syndicate involved in promoting and operating online gambling activities.
