Macau VIP room promoter Iao Kun Group Holding Co Ltd. posted rolling chip sales of $1.59 billion in May, down 4% from $1.66 billion a year earlier. In a statement on Wednesday, Iao Kun said its May win rate was 2.32%. The company attributed the drop in rolling chip turnover to “nearly 10 days of
Greek game supplier Intralot SA has signed a deal through its subsidiary Intralot Finance UK Plc to offer a one-year extension to a three-year, 200 million euros ($272 million) syndicated loan facility. Intralot said it was the only international company certified as a terminal supplier approved by China’s Sports Lottery Bureau, one of China’s two
Nelly Koda (26, U.S.), who won the Fur Hills Pak Se-ri Championship (total prize money of $2 million) held by women’s golf legend Pak Se-ri (47), on the LPGA Tour for the first time, made the remarks on the meaning of winning the championship. Koda won the final fourth round of the tournament at Palos
Kia has demonstrated its advanced pedal and braking systems for its most strategic electric vehicle (EV) — the EV3 — letting drivers enjoy more affordable and comfortable driving with the two key upsides of the vehicle, the company said Tuesday. The carmaker equipped the compact electric SUV with its Smart Regeneration System 3.0. The system
The government is taking administrative action against Saudi Arabian airline Saudia for suspending its direct flights to Korea without permission from aviation authorities, according to officials Wednesday. The Ministry of Land, Infrastructure and Transport issued a prior notice of administrative measure to Saudia on Monday. Saudia has been asked to submit their reasons for the
The office of President Yoon Suk Yeol said Thursday it will consider inspecting and reprimanding officials of the preceding Moon Jae-in administration after an American expert was charged with collaborating with South Korean intelligence officers. Sue Mi Terry, a renowned foreign policy expert who previously worked for the U.S. Central Intelligence Agency, the National Security
Jimin, a member of K-pop superstar BTS, will give his first performance of “Who,” the main track from his second solo album, on a popular U.S. TV show next week, the group’s agency said Thursday. Jimin will appear on NBC’s “The Tonight Show Starring Jimmy Fallon” in a prerecorded taping that’s scheduled to air at
Philippine casino operator Bloomberry Resorts said on Tuesday it had reached a “universal agreement” to resolve a number of ongoing disputes between casino management company Global Gaming Asset Management LLC (GAM) and the parties each involved. The agreement with GGAM would require Sureste Properties Inc., a subsidiary of Bloomberry, to purchase Bloomberry shares held by
Thailand’s labor minister, Pipat Ratchakit Prakhan, suggested on Thursday that at least 50,000 jobs could be created if Thailand agreed to build five casino resorts each in separate regions, citing the Bangkok Post newspaper. “Legalisation activities such as gambling in casinos will generate more profits for the economy,” Mr Pippot was quoted as saying. Thailand’s
The Philippine casino regulator said in a statement on Monday it had transferred nearly 4.6 billion pounds ($81.7 million) in cash dividends to the Treasury that day to fund the Philippine government’s efforts to ensure continued economic growth and development in the country. The figure represents 75% of the net profit of the Philippine Entertainment