Location: Asia
Macau gaming tax climbs to new post-pandemic high of US$1.04 billion in August
According to data released by Macau’s Financial Services Bureau, the Macau government’s revenue from gaming taxes in August was... more
MGM China to pay up to US$26 million to Shun Tak in 2025 for use of Macau hotel rooms
MGM China Ltd has revised upwards the maximum fee the group may be required to pay to Hong Kong-listed Shun Tak Holdings Ltd in 2025 for... more
Light & Wonder becomes first licensed igaming supplier in the Philippines
Gambling supplier and games aggregator Light & Wonder has become the first PAGCOR-licensed supplier for e-gaming in the Philippines.... more
Focus on GLI: Accelerating systems certification in Asia Pacific
Richard Howarth, Chief Business Officer – APAC for Gaming Laboratories International (GLI), oversees a region that may be the most complex... more
Wynn Resorts said to have set aside plot for possible second UAE integrated resort
Wynn Resorts has set aside land alongside its Ras Al Khaimah integrated resort development for the possible construction of a second IR –... more
Chairman Tengco: ‘PAGCOR is for stricter regulation and not for a total ban’
Chairman and Chief Executive of the Philippine regulator PAGCOR, Alejandro Tengco, has roundly rejected calls for e-gaming to be banned in... more
MGM touting diversification opportunities beyond Las Vegas Strip
MGM Resorts International CEO Bill Hornbuckle addressed the company’s international opportunities in Japan, Dubai, and Brazil, in addition... more
Macau GGR now seen hitting US$31.8 billion as Jefferies again upgrades 2025 revenue forecast
Investment bank Jefferies has again upgraded its Macau GGR forecast for 2025, with analysts now expecting gaming revenues to reach MOP$248... more
MGM CEO fights back against ‘Vegas is dead’
MGM Resorts International CEO Bill Hornbuckle Thursday countered the criticism on social media that Las Vegas visitors are getting gouged.... more
Moody’s: Melco to significantly reduce leverage through end-2026 on solid revenue growth, profitability
Macau’s Melco Resorts & Entertainment is expected to reduce its operating leverage, calculated as Adjusted DEBT/EBITDA, from around... more

