Thailand postpones discussion of casino bill, leaving local parties on ‘standby’

The Thai government is delaying a parliamentary debate on a bill to legalize gaming in casinos in the country, Bloomberg reported. According to the report,

Analysts expect April to be another ‘flat’ month on GGR

Senior analyst for Global Gaming at investment research company Seaport Research Partners, Vitaly Umansky, noted in a report on Tuesday that the firm expects another “flat”

Casino revenue slightly increases to MOP19.7b in March

Gross gaming revenue (GGR) in March totaled MOP19.66 billion, representing a marginal year-on-year increase of 0.8% from the MOP19.50 billion recorded in March 2024. Official

Gov’t ensures rigorous oversight of casino operators’ non-gaming investments

The Secretary for Economy and Finance, Tai Kin Ip, emphasized during a recent meeting at the Legislative Assembly that the government will continue to oversee

Casinos to undergo rigorous approval process for new gaming equipment

The casino industry is undergoing a technological transformation as operators introduce smart gaming tables equipped with radio-frequency identification (RFID) technology. While these advancements aim

Citigroup analysts claim march GGR is recovering slightly but still flat

Analysts from Citigroup claim that March’s gross gaming revenue (GGR) is slightly higher than the previous drop, but warn that the earnings are not enough to show

Gaming sector sees slight increase in registered junkets

Macau currently has 24 gaming promoters registered with the Gaming Inspection and Coordination Bureau (DICJ), representing less than half of the 50 junkets authorized to operate this

Casino revenues in March show seasonal decline: HSBC

Macau's gross gaming revenue (GGR) for the first 16 days of March totaled MOP10.1 billion, according to a report by HSBC Global Research.

Casino revenue forecast revised amid slower start to 2025

Investment banking firm Jefferies has revised its forecast for the region’s gross gaming revenue (GGR) in 2025, lowering its prediction by 2% to 240 billion patacas.

Gaming tax revenue surges to MOP88b 2024

The gaming tax revenue soared to nearly MOP88.13 billion in 2024, marking a 35% increase from the MOP65.26 billion collected the previous year, according to the latest

SJM returns to profitability in 2024

Gaming operator SJM Holdings Limited has reported a return to profitability in 2024, marking a turnaround from previous pandemic-related losses. The company’s audited financial

Increase in gaming tax rebates for foreign bets in 2024

The government has confirmed an increase in approved tax rebates for gross gaming revenue generated by international players in 2024 compared to the previous year.

Job vacancies in gaming sector drop

The gaming sector saw a positive shift in its workforce by the end of the fourth quarter of 2024, according to data from the Statistics and

Gaming op’s alleged unfair dismissals prompt calls for gov’t investigation

Local employees of a gaming operator have allegedly been unfairly dismissed without explanation, prompting calls for a thorough government investigation into the matter. Lawmaker Ron

Casino revenue rises 6.8% in February

Gaming revenues in February climbed by 6.8% year-on-year to MOP19.74 billion, surpassing analysts’ forecasts, according to the Gaming Inspection and Coordination Bureau. The positive performance

Galaxy plans major upgrades for StarWorld and F&B expansion

Galaxy Entertainment Group (GEG) has announced plans for significant upgrades to its StarWorld resort, including a revamp of the main gaming floor and lobby area, as

Security chief concerned with the closing of satellite casinos

The Secretary for Security, Wong Sio Chak, has expressed concern about the potential closing of the so-called satellite casinos and is closely monitoring the situation.

MGM China seeks USD2 billion loan for refinancing: reports

MGM China Holdings Ltd. is reportedly in talks to secure a syndicated loan of approximately USD2 billion, marking its first such borrowing since the onset of

Stricter than Korea: Thailand’s proposed casino bill discourages working class from gambling

Thailand’s revised draft of the entertainment complex bill outlines strict conditions for the implementation of casinos, with local punters being required to have at least THB50 million

Wynn expands offerings with new food hall

Wynn Resorts has announced a series of developments aimed at enhancing customer experience and driving visitation to its properties in Macau. As part

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