Location: Asia
Sega Sammy’s FY25 sales hit by decline in pachinko but new gaming segment shows promise
The new gaming business segment of Japan’s Sega Sammy Holdings showed positive signs in its first year of operations, generating sales of... more
Melco says working with potential buyers on bidding process for City of Dreams Manila
Melco Resorts & Entertainment said Thursday that it is currently in discussions with potential buyers of its stake in Philippines... more
MGM’s Ed Bowers says strong public engagement, reasonable operating requirements a must for greenfield jurisdictions like Thailand to succeed
Governments that choose to legalize casino gaming must work with operators to actively engage with the public and clearly articulate why... more
Philippines licensed casinos no longer main GGR driver as gaming revenues fall
Licensed casinos in the Philippines, including those in Manila’s Entertainment City and in Clark, generated gros gaming revenues of Php49.3... more
Tariffs placing some Wynn Resorts capital spending on hold
Wynn Resorts said Tuesday tariffs will necessitate deferring some $375 million of capital improvement spending, including in Las Vegas. In... more
Wynn Resorts reports across-the-board declines in Q1
Wynn Resorts Tuesday reported year-over-year declines in operating revenue, net income, and adjusted earnings during the first quarter.... more
Golden Week in Macau “better than expected,” Jeffries analyst says
Tourism numbers and gross gaming revenue out of Macau during the Golden Week holiday are proving “better than expected and modestly... more
JP Morgan: Macau’s Golden Week GGR provides “biggest beat” in years at more than MOP$1 billion per day
Macau’s gross gaming revenue during the five-day May Day Golden Week holiday is estimated to have reached MOP$5.1 billion (US$639 million)... more
Wynn’s “high-performance” culture, unique design approach to set UAE resort apart from other regional offerings
The President of Wynn’s US$5.1 billion integrated resort development in the United Arab Emirates says the company’s “high-performance” and... more
Macau gaming revenues seen growing by 5% month-on-month in May but Golden Week could offer upside potential
With April GGR coming in slightly above consensus, the strength of Macau’s gaming revenue growth for the month of May will come down to the... more
