Wednesday, October 21, 2020
Home Cruise Ships

Cruise Ships

Genting HK soothes investor nerves on funding

Genting Hong Kong’s results briefing provided some reassurance that the loss-making company will be able to raise enough funds from the investment community without needing other entities in the group to bail it out.
Cruise Ships Crisis

Cruise industry struggles with Covid comeback

As the world struggles to get back to its feet, the Covid-19 pandemic has left the cruise community wondering if things will ever get back to the way they were before.
News, asia gaming news, asia casino news

Genting HK delays deliveries, cuts costs 

Genting HK said it’s delaying the delivery of two new ships by about a year and cutting other costs to mitigate the impact of the Covid-19 pandemic.

Genting HK sets sail, though casino closed

Genting Hong Kong’s Explorer Dream resumed operations over the weekend in Taiwan, with strict Covid-19 safety measures in place, including 22 isolation wards for any passengers who fall ill.

Low bankruptcy risk seen for key cruise lines: Nomura

Royal Caribbean, Carnival Corp. and Norwegian Cruise Line Holdings all have a low risk of bankruptcy despite the crisis prompted by the Covid-19 pandemic, analysts at Nomura wrote in a note.

Genting HK projects “major setback” from Covid-19

Genting Hong Kong, as part of its full year 2019, financial report, projected that the sectors it focuses on would suffer a “major setback”...

Genting HK flags H1 loss, executives waive pay

Genting Hong Kong, a cruise ship operator, says it expects to post an operating loss in the first half despite cost-cutting measures such as senior executives agreeing to forego their salaries until the end of the year. 

Genting raises $453.9m in Dream Cruise stake sale

Genting Hong Kong said it has raised $453.9 million through the sale of a stake in its Dream Cruises unit to help fund the expansion of its cruise business.
Genting cruise ship

Genting HK agrees to sell 35 percent of Dream Cruises

Genting Hong Kong said it has agreed to sell as much as 35 percent of its Dream Cruises unit, making a gain of about $470 million to reduce debt and strengthen its balance sheet.

Cruise ships not necessarily bonanza for local communities

Many of the IR plans include the notion of boosting cruise ship traffic to Japan as an important pillar of the business plan, but the recent experience of Nagasaki city may provide a warning that having more cruise ships in the port is not itself sufficient to benefit the local community.

TRENDING ARTICLES

Macau Casino Dealer

Coronavirus live updates: Macau gaming workers to face more Covid-19 tests

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
Singapore police arrest 43 in illegal wagering bust

Singapore police arrest 43 in illegal wagering bust

Singapore police have arrested 43 men for their involvement in illegal horse betting activities, local media reports.
AGB Webinar Attracting Players, Not Fraudsters

iGaming bonus abuse in focus at next AGB Webinar

Asia Gaming Brief's seventh edition of the AGB Webinar Series will look into one of the biggest problems facing Asia's iGaming industry of recent. "With...
Jade introduces immersive arcade experience

Jade introduces immersive arcade experience

Inspired by Atari, but built with today’s players in mind, Synergy Blue’s new 2600 cabinet series combines the immersive experience of an arcade with the excitement of wagering to create the perfect blend of ‘fun you can bet on!’
asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.
asia gaming briefings Sep 20

Asia Gaming Briefings – Sep 2020 Edition

IN FOCUS: SPORTS BETTING Ball games bounce back. Major sporting events are slowly ramping up around the world and with them the drama and surprises, not all of them good for sports betting operators.
Asia Gaming Briefings AUG 2020

Asia Gaming Briefings – Aug 2020 Edition

IN FOCUS: AUSTRALIA Reopening pubs, online rethink and reflections on gambling behaviour The country tackled the first wave of the epidemic with relative success, however,...