Location: Asia
Las Vegas Sands shows second quarter gains as stock sits at 52-week low territory
Las Vegas Sands reported financial results for the second quarter that show year-over-year gains in revenue, income, and adjusted earnings.... more
PAGCOR confirms IGLs included in POGO ban, promises to follow Presidential order
PAGCOR Chairman and CEO Alejandro Tengco told lawmakers on Tuesday that the regulator would not distinguish between POGOs (Philippine... more
Macau GGR estimated at almost US$1.6 billion through first 21 days of July
Macau’s gross gaming revenue is estimated to have reached around MOP$12.75 billion (US$1.58 billion) for the first 21 days of July,... more
Philippine president orders shutdown of Chinese-run online gambling outfits employing thousands.
MANILA, Philippines (AP) — President Ferdinand Marcos Jr. on Monday ordered an immediate ban on widespread and mostly Chinese-run online... more
Tourism agency to collaborate with international news brands BBC and CNN to promote Macau
Macao Government Tourism Office (MGTO) Director Maria Helena de Senna Fernandes says the agency will increase its promotion to foreign... more
Further decline in VIP baccarat behind 2Q24 slowdown in Macau gaming revenues
Macau’s gaming industry generated total revenues of MOP$56.6 billion (US$7.03 billion) in the three months to 30 June 2024, slightly down... more
JP Morgan: Macau’s daily GGR grew by 15% over past seven days
Macau’s gross gaming revenue for the first 14 days of July is estimated to have reached MOP$8.30 billion (US$1.03 billion), suggesting the... more
Philippines gaming industry revenue up 19% year-on-year to over $3.3 billion in 1H24
Philippines industry gaming revenue grew by grew by 19.2% year-on-year to Php194.7 billion (US$3.34 billion) in the first six months of... more
Wall Street Bets: Analyst look at Bally’s/GLPI deal, Wynn Resorts, casino foot traffic
Bally’s/GLPI Wall Street analysts scrutinized Bally’s July 12 announcement that Gaming and Leisure Properties (GLPI) had... more
Kevin Tan says removal of Suntrust president David Chua from Travellers board to avoid conflict of interest
Alliance Global Group (AGI) CEO and AGI subsidiary Travellers International Hotel Group Inc (TIHGI) Chairman Kevin Tan has told Inside... more
