Lottery supplier MelcoLot Ltd posted a net loss of HK$37.4 million (US$4.8 million) in the three months ended September 30, compared with HK$9.9 million a year earlier. The company, which is listed on the Hong Kong Stock Exchange’s Growth Enterprise Market, said in a filing on Thursday that it posted quarterly revenue of HK$11.8 million,
Casino Resort City of Dreams Manila (pictured in artist rendering) will open in December, said Lawrence Ho Yau Lung, co-chairman and chief executive of Melco Crown Entertainment. The initiative is a partnership between Melco Crown and Premium Leisure Corp, owned by the family of Philippine billionaire Henry Shi. The property’s grand opening is scheduled for
Kim Ha-sung’s absence was cited as one of the problems of the San Diego Padres, which the U.S. local media confirmed its advance to the postseason.MLB.COM, which reported the Major League news on Monday (Korea time), analyzed the reasons for San Diego’s advance to the postseason and areas of concern. One of the concerns is
Japanese politicians continue to send mixed signals about the prospect of legislation legalizing casino principles in Japan being passed this parliamentary session. On Wednesday, GGRAsia was told by a person with direct knowledge of the matter that a cross-party lobby of Japanese lawmakers would make the “best effort” to ensure the passage of the revitalization
Kazuo Okada’s Universal Entertainment said in a filing to Jasdaq on Friday that it would continue to release the results of its arms length report, which it commissioned “a total of US$30 million in 2010 expenditure.” It noted that a criminal investigation into the matter is ongoing. Based on the results of the report, Universal
Personal income taxes on income from casino winnings are likely to be abolished in Vietnam, according to local media outlet VietnamNet, citing reports from Vietnam’s parliament. However, the loss to U.S. tax authorities, estimated at US$9.52 million per year, is likely offset by a five percentage point increase in special excise taxes applied to gambling.
Lee Im-saeng, technical director of the Korea Football Association, and Choi Young-il, vice chairman of the Korea Football Association, reportedly attended the meeting with Hong Myung-bo the Korean national soccer team in July. “Vice Chairman Choi Young-il was not involved in the interview,” Newsis said on the 27th, quoting an official from the Korea Football
The NC Dinos announced on Tuesday that they have terminated the contract of head coach Kang In-hwa. The NC club said, “In order to renew the atmosphere that has been depressed due to poor performance, we have decided to dismiss Coach Kang with the elimination from the top five confirmed. C-team coach Gong Pil-sung will
KT Wiz infielder Yoon Jun-hyuk, 23, has been ruled out for the season with a fractured finger after taking a punt in training. KT made changes to its first-team roster ahead of its game against the Suwon Samsung on Sept. 19. Yoon Jun-hyuk was removed from the first team roster and Kwon Dong-jin was called
SSG Landers’ fall instincts have come back to haunt them. SSG won their home game against the Kiwoom Heroes 8-6 at SSG Landers Field in Incheon on September 19th. The game was a close one, with a late-game struggle that included a three-run home run by Song Sung-moon in the top of the ninth inning,