Gaming equipment provided to enhance live multi-game offerings with AI features

Macau-based provider of gaming equipment LT Game Ltd is upgrading its live multi-game (LMG) product to better engage players. The upgraded platform, slated for launch in

Second court denies Asian American appeal in a lawsuit against LVS that goes back to the origins of gaming liberalization

The Court of Second Instance (TSI) has denied the appeal of Asian American Entertainment Corporation (AAEC) in its lawsuit against Las Vegas Sands (LVS), upholding a previous ruling from the

Mass baccarat revenue strong despite quarterly dip

Mass baccarat revenue reached MOP34.09 billion in the third quarter of 2024, according to figures released by the Gaming Inspection and Coordination Bureau (DICJ), comprising 61% of

Lucky 7 new side bets to mirror Singapore’s success

New baccarat side bets called “Lucky 7” and “Super Lucky 7” have debuted in Macau casinos, with industry experts anticipating the potential for these offerings to mirror

Gaming tax revenue reaches MOP7.16b in August

The Financial Services Bureau has reported a significant increase in gaming tax revenue for August, totaling MOP7.16 billion (approximately USD893 million), a rise of 4.8%

Macau casinos thrive during Golden Week festivities

During this year’s Golden Week holiday, Macau’s gaming industry surpassed all expectations, achieving daily gaming revenues averaging over MOP1 billion in the first six

Wynn Resorts secures first gaming license in UAE

Wynn Resorts Ltd. has made history by being awarded the first commercial gaming operator’s license in the United Arab Emirates (UAE), as announced on Friday. The

CBRE: Investors should ‘double down’ on gaming stocks

Despite a recent rally in Macau gaming stocks, research house CBRE Equity is recommending investors increase their holdings, saying valuations remain low. In a move

New Baccarat side bets coming for Golden Week

Macau's casino regulator has approved the launch of two new baccarat side bets, “Lucky 7” and “Super Lucky 7,” which are expected to debut on gaming

Casinos poised for growth amid market challenges

The gaming sector is showing signs of resilience, with a recent Morgan Stanley report highlighting potential growth as market capitalization hovers near historical lows.

Sands China unveils revamped Londoner grand casino

Sands China Ltd. has officially opened the remodeled Londoner Grand Casino, formerly known as the Pacifica, at The Londoner Macao resort. The grand

Macau faces growing regional competition in a changing IR landscape

Integrated resorts (IRs) must adapt to government expectations and shifting market dynamics to remain competitive, a gaming expert said. Niall Murray, an expert in IRs,

Citi: ‘Whales’ betting more in 2024 than last year

High rollers known as “whales” have wagered more money in Macau in 2024 than all last year, according to a new report from Citigroup. Citi analyst

MGM has funding flexibility for new projects globally

MGM Resorts International has the financial strength and flexibility to pursue multiple new integrated resort developments simultaneously, including potential opportunities in Thailand, the United Arab

Sands China partners with Agoda to promote global tourism

Sands China has formed a strategic partnership with digital travel company Agoda to promote tourism in Macau, the companies announced. The collaboration aims to attract international visitors

Wynn Resorts paying $130M for letting illegal money reach gamblers at Vegas Strip casino

Casino company Wynn Resorts Ltd. has agreed to pay $130 million to federal authorities and admit that it let unlicensed money transfer businesses around the world funnel funds

Casinos to face revenue decline in September

Gross gaming revenue for Macau’s casinos is forecast to decline in September, according to analysts’ predictions. After record-breaking revenue in August, the summer momentum is expected

Seasonal trends drive August revenues to soar 15%

Gaming operators reported a significant rebound in gross gaming revenue (GGR) for August, reaching MOP19.8 billion (USD2.46 billion), a 14.8% increase year-on-year and a 6.2% rise

Claw machine games are Rio de Janeiro’s new public enemy

Rio de Janeiro — already notorious for street muggings, corrupt politicians, ruthless militias and Kalashnikov-toting drug traffickers — has a new public enemy: plushies. Or, more specifically,

SJM Holdings reports 47% rise in H1 revenues

Casino operator SJM Holdings has announced a significant increase in net revenue for the first half of 2024, reporting a year-on-year growth exceeding 47%, along with a

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