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Citi trims September GGR estimates as Macau gaming volumes fall 10%
Citigroup has trimmed its estimates for Macau’s September gross gaming revenues from MOP$18.25 billion to MOP$17.75 billion (US$2.27... more
Genting Highlands casino at risk if PAS wins next election
The Malaysian Islamist Party (PAS) vowed to close down all gambling premises in Malaysia, including the country’s largest casino in... more
A union leader freed from prison vows to continue a strike against Cambodia’s biggest casino
PHNOM PENH, Cambodia (AP) — A union leader freed from prison Monday after serving time for her part in a strike against Cambodia’s... more
Pachinko-style gambling is helping seniors’ brains in Japan
Long associated with semi-legal gambling in Japan, the shrinking pachinko industry may get a new lease on life thanks to a surprising... more
Singapore to allow cashless bets in casinos, except crypto
Singapore will allow its two casinos to conduct cashless gaming under changes made to the Casino Control Act, but will not permit the use... more
Wynn issues $800 million public offering days after forfeiting $130 million to settle federal criminal allegations
Four days ago, Wynn Resorts said it will forfeit $130 million to the federal government to settle criminal allegations that it conspired... more
China’s Football Association bans 43 people for life after corruption investigation
DALIAN, China (AP) — China’s Football Association has banned 43 people for life over allegations of match-fixing and other forms of... more
Analyst: Macau’s slow September start predictable
With no more summer holidays, September’s slow start in Macau’s casinos is expected, according to Jefferies Equity Research analyst... more
Japan’s first casino resort likely to open in late 2030, media report says
Japan’s first casino resort is likely to open in the western city of Osaka in late 2030 as a main operator is planning to waive its... more
Wall Street Bets: Analysts take on AGS’ prospects, Macau outlook, Boyd in Virginia
AGS’ prospects David Bain, analyst for B Riley Securities, examined PlayAGS in a note September 8. “We raise the following... more
Marina Bay Sands’s ban on ex-top executive sparks debate over fairness of ‘unwelcome person’ notices at resort
The unprecedented use of a persona non grata notice by Marina Bay Sands to ban a former top casino executive from the entire integrated... more
Explore key markets at SBC Summit’s Global Markets Lounge
SBC Summit, taking place September 24-26 at Feira Internacional de Lisboa, will offer a global approach, providing comprehensive insights... more
Analyst: Wynn stock represents a “good risk-reward”
J.P. Morgan analyst Joseph Greff cautioned investors not to be fooled by the underperformance of Wynn Resorts stock. It “represents a... more
Trade union claims strike at Evolution in Georgia turned violent
Tensions have risen at Evolution Georgia as a hunger strike by workers reached a critical point. Labor, the trade union behind the strike,... more
Macau did it. Singapore too. Now Thailand looks to build casinos to attract tourist dollars
Thailand is working on a new game plan to boost foreigner arrivals and increase tourism spending: casinos. The strategy has worked for... more
August revenues don’t improve Macau outlook
Gambling revenue in Macau are no longer expected to recapture pre-COVID levels, thanks to a steep decline in high-roller play. That’s... more
Analysts forecast sequential GGR decline in Macau’s ‘shoulder season’ of September
Macau’s August GGR result of MOP$19.8 billion (US$2.47 billion) beat consensus while recording its highest recovery rate compared to its... more
Macau gaming revenue hits US$2.47 billion in August, up nearly 15% vs. 2023
Macau’s gaming operators recorded gross gaming revenues of MOP$19.8 billion (US$2.47 billion) in August, up 14.8% year-on-year and 6.2%... more
As Macau’s Chief Executive-Elect rallies against expansion of gaming, leaders say industry must be allowed to remain competitive
Government and industry leaders have told Inside Asian Gaming that Macau’s new Chief Executive and government appointees must consider... more
Culinary Union highlights overseas strike at Evolution to Nevada gaming regulators
As they do at practically every Nevada gaming regulatory meeting, representatives of Culinary Union Workers Local 226 offered a few minutes... more