To raise more capital and issue new shares, PH Resorts Group Holdings aims to increase its authorized capital stock by PHP7 billion ($128 million). This issue will be discussed in the upcoming annual stockholders meeting on Wednesday, July 26th.

PH Resorts said it has received approval from the Philippines Amusement and Gaming Corp. (PAGCOR) to temporarily suspend its license for an integrated resort...

Crown Resorts’ CEO told AGB that he had little doubt that the group would be found suitable to maintain its casino licenses in both Sydney and Melbourne, but that the process was much more intense than anticipated, and oversight is unlikely to let up.

The recently announced City of Dreams Sri Lanka project could achieve Gross Gaming Revenue (GGR) ranging between $200 million to $250 million on a run-rate basis, the group's management revealed.

Crown Resorts is reportedly cutting up to 1,000 jobs across its properties in Melbourne, Sydney and Perth in response to a lagging economic environment and its need to keep up with regulatory requirements.

Brokerage Morgan Stanley is revising down its estimates for Sands China, now predicting that the company will garner EBITDA of some $2.4 billion for 2024, down 8 percent compared to previous estimates.

Crown Resorts is retaining its casino license in Sydney, after authorities in New South Wales ruled that the group’s remediation efforts have been sufficient, and the multi-million dollar investment were worth every penny, granting back its casino license.

Newport World Resorts achieved a new annual high in gross gaming revenues in 2023, topping $600 million, with double-digit returns in its non-gaming revenue.

MGM Resorts is suing the United States Federal Trade Commission (FTC) in efforts, claiming that the regulatory body is overstepping its bounds in its investigation into the cyber-attack on the gaming operator last September.

The first integrated resort in Manila, Newport World Resorts has reached a certain level of maturity, underlined by now being under a single umbrella group. Hakan Dagtas, COO of the IR, says that 2023 was the best results year for the property since its opening.