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Casino
May 7, 2025
Japan Considering Pushing On with Two More Integrated Resorts
Originally, Japan was looking to introduce three integrated resorts through a law passed in 2018, but the ensuing events made it harder to see even a single project realized, with issues such as geopolitical as well as economic challenges getting in the way. Not to mention a global pandemic that put tourism to a grinding […]
Industry
May 6, 2025
MGM China Unveils New RG Education Program for Employees
MGM China announced the launch of a new program that will expand its employees’ understanding of gambling harm. The company celebrated the launch with a special ceremony that featured many noteworthy guests. MGM China Unveils the MGM Responsible Gaming Employee Care Program According to MGM China’s announcement, the MGM Responsible Gaming Employee Care Program was […]
Industry
May 6, 2025
India Supreme Court Oversees Debate on 28% Tax on Online Gaming
India’s Supreme Court sees clashes between the government and online gaming companies on the topic of whether skill-based games could “become” games of chance when bets are placed on them. Here’s What Advocates and Opponents of the 28% Tax Say If this becomes the case, then these games will have to be subject to the Goods […]
Casino
May 5, 2025
Thailand May Check Foreign Casino Visitors’ Criminal History, Wealth
Thailand’s Prime Minister, Paetongtarn Shinawatra, has shared details about new verification and screening processes that may apply at Thailand’s casinos. The country is now tinkering with the idea of running KYC and AML checks on land-based customers, and foreign nationals in particular, adding to a previous suggestion that would have needed for any local entering […]
Business
May 2, 2025
MGM Resorts Increases Its Investment in MGM Osaka by 20%
MGM Resorts International announced that it has increased its projected investment in its integrated resort in Osaka, Japan, by 20%. The company remained unfazed by this decision, remaining very optimistic about the property’s potential performance. The Increased Investment Is Due to Updated Spend Estimates According to MGM’s announcement, which was made during its recent earnings […]
Industry
May 1, 2025
Macau: April GGR Exceeds Expectations But Remains Lower Than in March
Macau’s revenue for April has run ahead of expectations in the wake of a suboptimal start to the year. The results for the month followed suboptimal performance in March, which sparked certain concerns about the future of local gaming. The April Results Exceeded Expectations In April, Macau’s casinos generated total gross gaming revenue of […]
Industry
April 28, 2025
Macau May Cut Ties with US Concessionaires if US-China Relation Worsens
Fitch Ratings predicts possible headwinds for the three US-based Macau concessionaires due to the economic shifts. In an unlikely but possible worst-case scenario, Macau might decide to end its relationship with the three companies, Fitch experts suggested. Fitch Emphasized That the Worst-Case Scenario is Still Unlikely The three US-based Macau concessionaires include Las Vegas Sands, […]
Industry
April 25, 2025
Sri Lanka Takes Decisive Step Toward Gambling Regulation
Sri Lanka is pushing for a landmark policy shift as the Cabinet of Ministers approved a draft bill to establish the country’s first comprehensive gambling regulatory framework. Lawmakers hope the new authority will help curb the proliferation of black market operators, usher in enhanced consumer protections, and ensure the nation receives adequate financial contributions from […]
Business
April 25, 2025
Bloomberry to Double Down on iGaming in the Wake of Mixed 2024
Bloomberry Resorts, a Philippine casino operator, has unveiled plans for iGaming growth via a new digital platform. Outlined in the company’s annual report and confirmed during the recent shareholders’ meeting, these plans will see the company capitalize on the rapid growth of online casino gaming in the country. Bloomberry Focuses on Online Casino Gaming […]
Industry
April 24, 2025
Macau Pressures Casinos to Step Up Non-Gaming Investment
As Macau’s post-COVID recovery delivers steady, rather than spectacular, financial results, local authorities continue to remind gaming concessionaires of their obligations to support diversification initiatives. Macau Secretary for Economy and Finance Tai Kin Ip has taken charge of these efforts, hoping to hasten the region’s evolution into a leading tourism destination. The Government Is Tightening […]
