Location: Asia
Analyst: Wynn stock represents a “good risk-reward”
J.P. Morgan analyst Joseph Greff cautioned investors not to be fooled by the underperformance of Wynn Resorts stock. It “represents a good... more
Trade union claims strike at Evolution in Georgia turned violent
Tensions have risen at Evolution Georgia as a hunger strike by workers reached a critical point. Labor, the trade union behind the strike,... more
Macau did it. Singapore too. Now Thailand looks to build casinos to attract tourist dollars
Thailand is working on a new game plan to boost foreigner arrivals and increase tourism spending: casinos. The strategy has worked for... more
August revenues don’t improve Macau outlook
Gambling revenue in Macau are no longer expected to recapture pre-COVID levels, thanks to a steep decline in high-roller play. That’s among... more
Analysts forecast sequential GGR decline in Macau’s ‘shoulder season’ of September
Macau’s August GGR result of MOP$19.8 billion (US$2.47 billion) beat consensus while recording its highest recovery rate compared to its... more
Macau gaming revenue hits US$2.47 billion in August, up nearly 15% vs. 2023
Macau’s gaming operators recorded gross gaming revenues of MOP$19.8 billion (US$2.47 billion) in August, up 14.8% year-on-year and 6.2%... more
As Macau’s Chief Executive-Elect rallies against expansion of gaming, leaders say industry must be allowed to remain competitive
Government and industry leaders have told Inside Asian Gaming that Macau’s new Chief Executive and government appointees must consider the... more
Culinary Union highlights overseas strike at Evolution to Nevada gaming regulators
As they do at practically every Nevada gaming regulatory meeting, representatives of Culinary Union Workers Local 226 offered a few minutes... more
Judge declares Macau candidacy, no friend of casinos
Sam Hou Fai, chief justice of Macau, has resigned his post and announced his candidacy to become the next chief justice of the Chinese... more
Mass-market players flock back to Macau
Play by mass-market gamblers in Macau exceeded pre-pandemic volume during April through June of 2024. It is now at 118 percent of pre-COVID... more
