GGRAsia

Light & Wonder invests in 20pct equity stake in slot studio Bang Bang Games: Gaming technology supplier Light & Wonder Inc has announced an investment in a 20-percent equity stake in United Kingdom-based slot studio Bang Bang Games Ltd. Financial terms of the transaction were not disclosed in a Thursday press release. “Known for its standout content and innovative mechanics across the U.K. and European markets, Bang Bang is […]

Casino bosses from Malaysia see wealth fall, shows Forbes 2025 list: Lim Kok Thay, the head of gaming conglomerate Genting group, was ranked 14th on the latest “Malaysia’s 50 Richest” list compiled by Forbes, published earlier this week. Mr Lim (pictured) was down five spots from 2024, with a fortune of US$1.8 billion in the 2025 list, versus US$2.3 billion a year earlier. The Chen family, […]

Under-construction second casino venue at Kangwon Land targeted for 2027 completion: promoter: Kangwon Land (pictured in a file photo), a resort with South Korea’s only casino that allows locals to bet, saw in March construction begin on a second casino venue at the complex. It will help address ‘overpopulation’ in the main gaming area, said a spokesman for the resort’s promoter, Kangwon Land Inc. The targeted completion […]

Manila hotel casino price tag upped to US$1.25bln as Summit Ascent subscribes new Suntrust bonds: Summit Ascent Investments Ltd, a directly-held unit of Hong Kong-listed Summit Ascent Holdings Ltd, has agreed to subscribe to convertible bonds in the principal amount of up to PHP8.63 billion (US$152.5 million) to be issued by Suntrust Resort Holdings Inc, the developer of a casino hotel scheme (pictured in an artist’s rendering) at Westside City […]

G2E Asia 2025, IR Expo to see the debut of 100 products in Asia: organisers: The Global Gaming Expo (G2E) Asia 2025 casino trade show and conference and the overlapping Asian IR Expo will “introduce a range of new initiatives, including 100 exclusive product launches debuting in Asia for the first time,” said its organisers. G2E Asia’s exhibition and conference will be hosted at the Venetian Macao from May 7 […]

Privately-held BMM Innovation Group, a specialist in product compliance testing, training and cybersecurity for the gaming sector, says its BMM Testlabs unit is to be acquired by The Visualize Group, a U.S.-based private equity firm. Financial terms of the transaction were not disclosed, and the transaction is subject to regulatory approvals, stated BMM in a Tuesday press release. https://lnkd.in/ggCkzaDZ

Michelin-recommended food among Wynn Palace ‘Gourmet Pavilion’, opening before May Day holidays: Nearly 20 culinary brands will be available at Macau casino resort Wynn Palace’s “Gourmet Pavilion” food hall when it opens on April 29, just ahead of mainland China’s May Day holidays, that run this year from May 1 to May 5 inclusive. That holiday season is typically a peak period for Macau’s tourism industry and […]

Moody’s expects NagaCorp earnings to moderate in the year ahead: Moody’s Ratings expects the earnings of Hong Kong-listed Cambodian casino operator NagaCorp Ltd “to moderate over the next 12 to 18 months,” amid uncertain economic conditions. “The extent of the tariffs imposed by the U.S. administration on Cambodia remains uncertain, but will weigh on economic growth, as well as dampen business confidence and consumer sentiment,” […]

1xBet now global betting partner of tennis’s Billie Jean King Cup by Gainbridge: Global bookmaker 1xBet says it has an “exclusive partnership agreement” with the Billie Jean King Cup by Gainbridge, which it describes as “the premier, year-long, international team competition in women’s tennis”. The tournament is contested between teams made up of players from individual nations, at multiple locations across the world, and is dubbed the women’s […]

S.Korea casino resort Inspire appoints senior marketing executives: Inspire Entertainment Resort, a complex with foreigner-only casino at Incheon in South Korea, has appointed two people in senior marketing positions. The property’s promoter announced Hanna Lee as senior vice president of strategy marketing, focusing on the complex’s non-gaming marketing operations. “Her priorities will include enhancing customer-centric digital marketing capabilities and boosting brand competitiveness,” stated […]