Location: Asia
Igaming market projected to be worth $153 billion by 2030
The global gambling market is predicted to be worth $153.57 billion in 2030, according to research by market analysts Research Insights.... more
Moody’s maintains investment-grade rating for Macau as fiscal reserves climb to US$77 billion
Moody’s Ratings has affirmed the local and foreign currency issuer rating of the Macao SAR Government at Aa3 with a negative outlook,... more
Criminalization of illegal money exchange linked to 61.5% year-on-year increase in Macau’s gaming-related crime in 1Q25
In response to the criminalization of money exchange gangs, which came into effect in October 2024, there were 567 gaming crimes in Macau... more
Sega Sammy, GAN merger finalized
GAN on Tuesday announced that it has completed its merger with Sega Sammy Creation, an affiliate of Sega Sammy Holdings. The merger was... more
MGM Resorts calls on Thailand to ensure competitive tax rate, access for locals
MGM Resorts’ President of Global Development, Ed Bowers, has urged the Thai government to maintain a competitive casino tax rate and ensure... more
Morgan Stanley: Melco and MGM China most likely Macau operators to outperform 2025 EBITDA estimates
An analysis of the 2025 EBITDA forecasts of Macau’s six concessionaires, compared with the realistic growth drivers that can get them... more
Sega Sammy nears agreement to merge with GAN
GAN this week announced that Sega Sammy Holdings, through its affiliated entity Sega Sammy Creation, is nearing completion of procurement... more
Macau GGR tracking well at US$1.6 billion through first 18 days of May
Macau’s gross gaming revenue is estimated to have averaged MOP$593 million (US$73.6 million) per day for the seven days from 12 to 18 May,... more
Macau gaming tax down 3.9% in April to US$944 million
According to data released by Macau’s Financial Services Bureau, the Macau government’s revenue from gaming taxes in April was... more
Genting Singapore continues to show weakness in 1Q25 on hotel room renovation work, weak macro environment
Genting Singapore, operator of Resorts World Sentosa (RWS), reported revenue of SG$626.2 million (US$481 million) in the first quarter of... more
