Location: Asia
Wall Street Bets: Analyst take on Bally’s, US gaming trends, Golden Entertainment, Macau
Standard General/Bally’s Jefferies’ David Katz March 18 reviewed Standard General’s offer to acquire Bally’s. “The terms of the... more
Chinese embassy issues advisory warning citizens against gambling in Singapore’s casinos
China’s embassy in Singapore has issued an advisory against its citizens gambling in the sovereign state’s casinos, warning such activity... more
After rejection, Nagasaki folds its hand in casino resort project bid
The prefectural government’s dreams of a financial jackpot have ended, deciding to withdraw a plan to construct an integrated resort... more
Thailand House committee report on legalizing casinos will go to parliament
The Thailand House committee on casino legalisation has completed its study, which confirms legalisation is a possibility, and will present... more
JP Morgan: Macau GGR holding steady at $76 million per day through early March
Macau’s gross gaming revenue for the first 10 days of March came in at $757 million or $75.7 million per day, just 3% lower than the... more
Irish betting-exchange startup LiveDuel targets younger players in Latin America, Africa, Southeast Asia
LiveDuel, a Cork-based sports betting start-up, expects to go live with its product later this year after it closes a funding round of $2.5... more
New wave of casino building spells global opportunities for contractors
For Middle Eastern contractor ALEC, casino construction is a new specialism. Although the engineering and contracting specialist has built... more
Hong Kong’s finance chief rejects calls to legalize basketball betting
Hong Kong’s finance chief has rejected calls to legalise basketball betting, saying he had deep reservations about the move which could... more
International Monetary Fund says Macau GDP to grow by 13.9% in 2024 on further recovery of gaming industry
The International Monetary Fund (IMF) estimates Macau’s Gross Domestic Product (GDP) will grow by a projected 13.9% in 2024 to around $45... more
Macau’s SJM Holdings reports narrowed $257 million loss in 2023
Macau concessionaire SJM Holdings has reported a loss of $257 million for the 12 months to 31 December 2023, narrowed from a $997 million... more

