Location: Asia
Sands’s third-quarter earnings show recovery in Singapore and Macau
The Las Vegas Sands Corp. reported third-quarter earnings Wednesday that indicate the ongoing recovery of spending in Macau and Singapore.... more
Morgan Stanley: Solaire likely lost Manila market share to Okada in 3Q23
Bloomberry Resorts has yet to release its financial results for the three months to 30 September 2023, but investment bank Morgan Stanley... more
MGTO: Foreigners now account for 5% of Macau visitor arrivals
Macao Government Tourism Office (MGTO) director Maria Helena de Senna Fernandes said foreign visitors now account for about 5% of the total... more
PAGCOR: POGOs to be renamed Internet Gaming Licensees, “55 to 65” licenses to be approved
The Chairman and CEO of Philippine gaming regulator PAGCOR has revealed that licensed offshore gaming operators will no longer be known as... more
G2E: Lockdogs unveils new slot and table security products
North America’s fastest-growing provider of high-security key-changeable locks for the gaming industry has a presence at the Global Gaming... more
Typhoon doesn’t dampen Macau revenues
Macau’s October is off to a roaring start, according to numbers crunched by J.P. Morgan analysts. Casinos in the Chinese enclave grossed... more
JP Morgan: Macau mass gaming revenues have likely returned to pre-COVID levels this Golden Week
Strong visitation numbers during the current Golden Week holiday period appear to have Macau’s mass gaming revenues on track to hit 100% of... more
Southeast Asian casinos emerge as major enablers of global cybercrime
Mr. Big had a problem. He needed to move what he called “fraud funds” back to China, but a crackdown was making that difficult. So in... more
Sands’s stock slide prompts analyst reappraisal
Shares of Las Vegas Sands have fallen 30 percent since early May, compared to a 13 percent decline in the overall Hong Kong bourse and a... more
Macau casinos get their mojo back
Visitors are finally streaming back to Macau. Long-suffering casino shares in the gambling hub are looking like better investments too—but... more
