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Timor-Leste Grants First Offshore Gaming License to GRU

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Positioning the Island as Asia’s Next iGaming Hub Timor-Leste has officially entered the offshore gaming sector, issuing its first-ever offshore gaming license to Golden River...

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

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

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Asian Gaming

Thailand Casino Plan Gains Momentum as Political Support Increases

Despite recent political upheaval in the country, plans to bring casino resorts to Thailand are gaining momentum. That effort recently gained the support of...
Asian Gaming

Macau Casino Revenue Improves in August Thanks to Favorable Calendar

Macau casino revenue in August totaled MOP19.8 billion (US$2.47 billion). The August draw was up 14.8% year-over-year and 6.2% from July. The gross gaming revenue (GGR)...
Asian Gaming

Philippines Bans $3B POGO Industry

Efforts are underway to dismantle the Philippines’ online gambling — or POGO — industry after President Ferdinand “Bongbong” Marcos Jr. announced Tuesday its total ban, “effective...
Asian Gaming

Macau’s 13 Hotel quietly reopens after sale flounders

The 13 Hotel in Macau has reopened in a limited capacity after the resort’s parent company failed to find a buyer for the $1.6...
Asian Gaming

Okada Manila Owner Folds on Acquiring Stalled Emerald Bay in Philippines’ Cebu

The parent company of Okada Manila in the Philippines’ Entertainment City revealed Tuesday it will no longer pursue acquiring the stalled project in Cebu called Emerald...
Asian Gaming

Macau Casinos Disappoint in June, Gaming Revenue Short of Analyst Expectations

Macau casinos reported on Monday gross gaming revenue of (GGR) 17.7 billion patacas (US$2.2 billion) for June 2024. The collective haul by the six...
Asian Gaming

PAGCOR Could Become PAGCAM in the Philippines as Lawmakers Propose Overhaul

Philippines lawmakers have proposed overhauling the country’s gaming industry and ridding the government’s interest in operating slot machines, table games, and online gambling platforms. Jonathan...
Asian Gaming

MGM China rumored to be considering a national bid for Thai Casino License

MGM China is reportedly interested in vying for a casino license in Thailand as an avenue for marketing its Macau properties to Thai tourists. Pansy...
Asian Gaming

Singapore’s $3B Money Laundering Case Wraps as Last Defendant Imprisoned

The last of 10 defendants in Singapore’s largest money laundering case was sentenced Monday to 17 months in prison. Su Jianfeng pleaded guilty last week to one...
Asian Gaming

Mass Market Fuels Macau Casino Revenue to Best Monthly Mark Since January 2020

China’s mass market in May propelled the Macau casino industry to its highest monthly revenue haul since the onset of the COVID-19 pandemic in...
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