Location: Asia
Genting Singapore profit more than triples to US$206 million in 1H23
Genting Singapore saw its net profit soar more than threefold to SG$276.7 million (US$205.6 million) in the first six months of 2023, aided... more
Wynn Resorts touts second-quarter results and UAE construction
Wynn Resorts CEO Craig Billings touted second-quarter results, as the company announced that construction is underway on its resort on Al... more
Momentum slows for Philippines gaming industry in 2Q23 as GGR falls 2.2% to US$1.22 billion
The Philippines gaming industry saw its recent momentum slow in the three months to 30 June 2023, with gross gaming revenues falling by... more
Wynn appoints Paul Liu to board of directors
Wynn Resort Monday announced the appointment of Paul Liu to its board of directors. Liu will be an independent director and a Class I... more
Macau GGR steady at US$67 million per day in early August, says JP Morgan
Macau’s gross gaming revenue reached an estimated MOP$3.2 billion (US$400 million) for the first six days of August, leaving it just about... more
Macau government expects gaming industry’s GDP contribution to fall to 40% by 2028
The Macau SAR Government said Friday it expects to increase the contribution of non-gaming industries to Gross Domestic Product (GDP) to... more
PAGCOR introduces new regulatory framework for POGOs with beneficial owners in firing line
Philippines gaming regulator PAGCOR says it will put greater focus on the evaluation of the beneficial owners of offshore service providers... more
MGM’s agreement with Marriott elicits interest during earnings call; CEO bullish on Macau
In July, MGM Resorts International and Marriott International forged an agreement that drew interest from Wall Street analysts during... more
28% GST stays on online gaming, casinos; Council to review taxation in six months from implementation
The Goods and Services Tax (GST) Council on Wednesday retained the 28% tax on online gaming, casinos and horse racing, said Union finance... more
Nine new hotels comprising 3,732 hotel rooms under construction in Macau as of 2Q23
Nine hotels were under construction in Macau as of the June 2023 quarter, potentially providing the city with 3,732 additional hotel rooms... more


