Location: Asia
Wall Street Bets: Analysts take on Alabama, DraftKings, NJ sports betting, Chinese New Year
Alabama gambling legislation Analyst David Katz of Jefferies examined the possibility of Alabama legalizing gambling. “HB151, a proposed... more
MGM axes casino plans at Dubai mega-resort amid UAE gambling ambiguity
Hospitality giant MGM Resorts International confirmed this week that it will not have a casino in its upcoming Dubai property in a setback... more
Conduct of management in question as Hong Kong’s securities regulator orders suspension of trading in LET Group, Summit Ascent shares
Hong Kong’s Securities and Futures Commission (SFC) says it has “serious concerns about the conduct” of management of LET Group Holdings... more
Hong Kong warns jailed gambling kingpin Alvin Chau’s former firms over Russia deal
Hong Kong’s securities regulator warned it may delist two companies formerly headed by jailed Macau gambling kingpin Alvin Chau because of... more
North Korea sold illegal gambling websites to South Korean criminal ring, spy agency says
A North Korean entity under its Workers’ Party has made thousands of illegal online gambling websites and sold them to a South Korean... more
Macau Chief Executive maintains 2024 GGR forecast of $26.8 billion
Macau’s Chief Executive, Ho Iat Seng, said Tuesday that the government is maintaining its GGR forecast for 2024 at $26.8 billion. It was... more
Wall Street Bets: Red Rock Resorts, gambling vote in Alabama, Wynn Resorts
Red Rock Resorts Red Rock Resorts’s 2023 4th quarter results were generally positive, according to analysts. According to J. P. Morgan... more
MGTO expecting 960,000 visitors to Macau across eight-day Chinese New Year holiday
The director of the Macao Government Tourism Office (MGTO), Maria Helena de Senna Fernandes, said at least 960,000 people are expected to... more
F1 boosts Wynn Resorts’s fourth quarter, with Q1 jump expected from Super Bowl
Wynn Resorts set an all-time record for property adjusted earnings in the fourth quarter, bolstered by the Formula One Las Vegas Grand... more
Citigroup ups its 2024 Macau casino revenue forecast to MOP231 billion
Citigroup has revised its forecast for Macau’s 2024 gaming prospects, predicting that the casino industry could generate MOP231.3 billion... more


