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PAGCOR Board Resigns Amid Philippine Government Overhaul Under President Marcos Jr.

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The Philippine Amusement and Gaming Corporation (PAGCOR), the government entity overseeing both casino regulation and state-owned gaming operations, has undergone a leadership shakeup. Following...

Timor-Leste Grants First Offshore Gaming License to GRU

Las Vegas Sands Expands Share Buyback Program to $2 Billion

Macau Casinos See Recovery Progress as March Gaming Revenue Reaches $2.45 Billion

Sands IG Credit Rating Buoyed by Singapore, Says Fitch

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Asian Gaming

Bain Capital assumers operational control over Inspire Casino Resort in South Korea

Private equity firm now controls Korean casino hotel as MGE Korea nears default Private equity firm Bain Capital has taken control of the Inspire Korea...
Asian Gaming

PAGCOR Shuts Down Unprofitable Casino, Plans Closure of Another

The Philippine Amusement and Gaming Corporation (PAGCOR) announced its decision to close two underperforming casinos as part of its rationalization plan, citing financial losses...
Asian Gaming

Sands Eyes New York Casino Amid iGaming Concerns, Looks Towards Thailand

Las Vegas Sands (NYSE: LVS) remains keen on establishing a casino hotel in the New York City market. However, the operator is aware that...
Asian Gaming

Analyst Suggests Melco Sell Cyprus, Philippines Casinos

Melco Resorts & Entertainment (NASDAQ: MLCO) should consider divesting its casino properties in Cyprus and Manila to fund a full acquisition of Studio City...
Asian Gaming

ROGA Launches RFP for New Responsible Gaming Certification Program

The Responsible Online Gaming Association (ROGA) has taken a significant step towards enhancing the gambling industry's responsible gaming efforts. According to ROGA Executive Director...
Asian Gaming

Singapore Blocks Access to Polymarket Over Illegal Gambling Concerns

In Singapore, if anyone wants to speculate about the outcome of an event, they must do so through the state-owned gambling company, Singapore Pools,...
Asian Gaming

Las Vegas Sands Upgraded on Macau Optimism

Las Vegas Sands (NYSE: LVS) experienced a modest rally on Friday following an upgrade from a sell-side analyst. Jefferies analyst David Katz raised his rating...
Asian Gaming

Macau Casinos Win $28.3B in 2024, Marking Second Year of Recovery

In 2024, Macau's six casino operators—Sands, Galaxy, SJM, MGM, Melco, and Wynn—won a total of 226.8 million patacas, or approximately US$28.3 billion, from gamblers....
Asian Gaming

Macau Casino Stocks Surge Amid China Stimulus Hopes

For the second time this week, Macau casino stocks, including Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN), rallied, this time on...
Asian Gaming

Macau Blocks 36K Illegal Gambling Sites in H1

This significant figure highlights the SAR’s intense effort to protect the local industry from illegal foreign competition but also demonstrates the huge challenges of...
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