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Industry
April 10, 2025
Philippines Posts 2024 Industry Report, Highlights Record GGR
The Philippine Amusement and Gaming Corporation (PAGCOR) published information about the local gaming industry’s performance in 2024, outlining record-breaking gross gaming revenue for the period. Philippine Gaming Is Still Growing In its official release, the PAGCOR said that the Philippine gaming industry’s GGR for 2024 stood at PHP 372.33 billion ($6.5 million), marking a staggering […]
Business
April 9, 2025
Macquarie Experts Warn of Macau Casino Market Shifts
Late in March, law enforcement in Macau raided a total of eight jewelry shops over suspicion of illegal currency exchange activities. The authorities suspected nearly a dozen people of moving massive sums of $74 million with the help of the jewelry shops that served as a front. Overall, several dozen people, suspected of being involved […]
Sports
April 4, 2025
Hong Kong Opens Public Consultation on Legalising Basketball Betting
The Hong Kong government has started a month-long public survey to gather views on a plan that would make basketball betting legal. This marks a big change in the city’s strict gambling rules. Hong Kong Government Proposes Legalisation of Basketball Betting to Curb Illegal Gambling The survey, which began on April 2, comes as more […]
Industry
April 3, 2025
Nearly 200 Ex-Senators in Thailand Challenge Gambling Expansion
Ahead of the upcoming end of the parliamentary session in Thailand, nearly 200 lawmakers have united and shared their concerns regarding gambling proposals. As lawmakers are trying to legalize casino gambling and sports betting, opposition keeps growing and former lawmakers have recently signed a statement encouraging the government, MPs and political parties to discontinue their […]
Industry
April 3, 2025
Japanese Comedians Could Face Criminal Charges for Gambling
Comedians part of the Japanese entertainment conglomerate founded more than 100 years ago, Yoshimoto Kogyo Holdings, are subject to scrutiny after allegedly gambling online via overseas operators. Only recently, papers were sent to public prosecutors for six popular comedians over their suspected involvement in gambling. Six Comedians Face Scrutiny over Suspected Online Gambling As announced […]
Industry
April 1, 2025
Macau Retains Optimistic Outlook Amidst Diversification Efforts
Macau’s economy remains in a state of cautious growth as it closely balances the recovery of its gaming industry with broader restructuring efforts. Despite slightly underwhelming metrics, industry experts have drawn attention to several factors that could accelerate growth and improve Macau’s attractiveness as a tourist destination for visitors from China and abroad. Q1 Financials […]
Industry
April 1, 2025
Sands China Repays $1B Debt to Las Vegas Sands 3 Years Earlier
Sands China confirmed that it has enjoyed a strong financial performance throughout 2024, which has allowed it to move ahead with a few loose payments earlier than expected. The company has confirmed that it has repaid a subordinated unsecured term loan of $1 billion to its holding company, Las Vegas Sands. Sands China Repays Debt […]
Industry
March 31, 2025
Macau Enhances Oversight on Casino Non-Gaming Spending
Non-gaming investments by gambling concessionaires in Macau are expected to face tougher scrutiny. That’s the case based on a new report that suggests the current government would be looking into the actual investments of concessionaires, which vowed to dedicate funds to non-gaming amenities as a part of their 10-year contracts awarded a couple of years […]
Industry
March 31, 2025
Thailand’s Casino Bill Set for Parliamentary Discussion by April 9
Thailand’s cabinet has approved the Entertainment Complex Bill, which is to be debated in parliament by next week, but it also faces lots of criticisms. Thai Cabinet Moves Casino Bill For Discussion in Parliament The Thai Parliament could discuss the Entertainment Complex Bill, which is aimed at legalizing casino resorts in the country, by April […]
Industry
March 31, 2025
Melco Confirms 20 Years Licensure to Run Casino in Sri Lanka
Melco International Development Ltd, a Hong Kong-listed company, has confirmed that it has obtained a license to run a gaming venue in Sri Lanka over the next 20 years. The license was backdated and is effective from April 1, 2024, and will be available through April 1, 2044. Melco Confirms 20-Year License for Sri Lanka’s […]
