Location: Asia
Sands China honors vision of company founder Sheldon Adelson as The Londoner Macao holds Grand Opening
Las Vegas Sands Chairman and CEO Robert Goldstein said the vision of company founder Sheldon Adelson had been fulfilled following the Grand... more
Resorts World Las Vegas to focus on growing mass market, convention business as profit grows slowly in 1Q23
Genting Berhad has promised to focus on building its Las Vegas mass market and convention business after its flagship Las Vegas Strip... more
Macau GDP rises 38.8% in 1Q23
Macau’s economy surged in the first three months of 2023, with gross domestic product (GDP) rising 38.8% in real terms. The improvement... more
China domestic tourism hit 119% of pre-COVID levels during May Golden Week but international travel still capacity constrained: Fitch
The number of domestic tourism trips taken by Chinese consumers reached 119% of 2019 levels during the recent May Day holiday, aided by... more
Analysts: Macau dominates good gaming news
Two top Wall Street gaming analysts visited the Las Vegas Strip last week, then published their findings today, gleaned from meetings with... more
Korean customers seen driving resurgence of Philippines VIP market
The return of Chinese play may be taking longer than expected, but Philippines casinos are nevertheless seeing surprisingly positive... more
New Macau gaming credit law passes Legislative Assembly vote
Macau’s Legislative Assembly passed a new gaming credit law on Thursday afternoon which prohibits casino management companies from... more
GLI Group invests in iTech Labs
The GLI Group has acquired all the outstanding shares in iTech Global Pty Ltd (iTech Labs), a global-gaming testing laboratory. The company... more
Macau visitor arrivals up another 16% to almost 2.3 million in April
The number of visitor arrivals to Macau in April grew by 275% year-on-year and by 16.2% sequentially to 2,274,050 in April, according to... more
Macau gaming tax jumps 237% year-on-year to US$613 million in April
The Macau government generated MOP$4.95 billion (US$613 million) in gaming tax revenue in April, up 237% on the MOP$1.47 billion (US$182... more
