Location: Asia
Grand Korea Leisure sees strong growth in casino revenues in March
Foreigner-only casino operator Grand Korea Leisure reported a 19.9% month-on-month increase in casino revenue to KRW40.4 billion (US$29.9... more
Macau holds its final horse race, ending a tradition of more than 40 years
MACAU (AP) — After more than 40 years, Macao’s horse racing track hosted its final races on Saturday, bringing an end to the sport in the... more
Thailand takes first step to legalize casinos to aid economy
Thailand took the first step toward legalizing casinos, as the government looks to attract high-spending tourists to support Southeast... more
MGM Resorts CEO Bill Hornbuckle among U.S. business leaders who met with China’s President Xi Jinping
MGM Resorts CEO and President Bill Hornbuckle was part of a delegation of US business leaders that met with China’s President Xi Jinping in... more
Wall Street Bets: Light & Wonder, Scientific Games. Gambling.com, Macau
Light & Wonder Truist Securities analyst Barry Jonas, in a March 21 post, commented on meetings the company hosted with Light &... more
Indian government warns social media influencers against endorsing offshore online gambling
The Ministry of Information and Broadcasting on Thursday advised all endorsers and influencers on social media to refrain from promoting or... more
Sportradar quarterly numbers boost stock
Shares of Sportradar stock rose 11 percent following the company’s disclosure of its fourth-quarter numbers to Wall Street. One investment... more
Record Macau profits see MGM China terminate $750 million loan facility from parent MGM Resorts
Macau concessionaire MGM China has terminated a $750 million revolving loan facility provided by parent company MGM Resorts International... more
China consistent on cross-border gambling stance: ministry
China’s “position on cross-border gambling is consistent and clear,” said Lin Jian (pictured), a Ministry of Foreign Affairs spokesperson,... more
Philippines sees up to $6 billion of investments in casino sector in next 5 years
Foreign and domestic firms are expected to invest much as $6 billion in the Philippines’ casino sector in the next five years, the... more



