Friday, March 29, 2024

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The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

LATEST NEWS

Thailand steps closer to casino legalization 

Thailand's 500-member House of Representatives approved a proposal for a study on Thursday, led by a group of lawmakers, to explore the possibility of permitting casinos to operate within extensive entertainment complexes. The plan garnered support from 253 out of the 257 lawmakers present.

230-room Artyzen Habitat opens today in Hengqin

The Artyzen Hotel brand, under gaming mogul Pansy Ho’s Shun Tak Group, opens the new Habitat Hengqin Zhuhai on Thursday, March 28th.

Ponte 16 investor reports 35 percent growth in gross profits for 2023

Success Universe Group, an investor in Macau’s Ponte 16, posted a gross profit of HK$16.8 million ($2.2 million) in 2023, up 35 percent compared to 2022.

RWS 2.0 Waterfront construction starts in late 2024

The Waterfront Development in Resorts World Sentosa (RWS) has received the government’s provisional permission, and construction is set to commence in late 2024, notes in the annual report of Genting Singapore.

Philippine senator calls for probe into local mayor’s POGO links

A mayor in the Philippines is facing questions concerning his connection to two recently raided Philippine Offshore Gaming Operators in his municipality.

ASEAN Gaming Summit 2024: Celebrating the industry together

As the curtains have drawn on the ASEAN Gaming Summit 2024, organized by Asia Gaming Brief, industry leaders, innovators, and enthusiasts alike reflect on the landmark event that showcased the evolving present and future of gaming.

APE revenue rises 185% in 2023 on the back of better EGE sales

Asia Pioneer Entertainment's revenue has improved some 185 percent year-on-year for 2023 to HK$27.4 million ($3.5 million), mainly due to an improvement in electronic gaming equipment (EGE) sales.

Casino biz can lift tourist spending by 52% in Thailand: study 

A study, due to be submitted to the Thai parliament on Thursday, suggests that once integrated resorts (IR) with casinos are established, there is a possibility for a significant increase in average tourist expenditure, potentially by 52 percent to THB65,050 ($1,790) per trip.

Macau five-star hotels’ occupancy rate close to 90 percent in February

Five-star hotels in Macau were the most occupied among all accommodation types, with occupancy rates reaching 89.1 percent in February, according to information from the Statistics and Census Service (DSEC).

Pattaya eyes gaming opportunities

Mayor Poramase Ngampiches of Pattaya City supports the draft "Comprehensive Entertainment Facilities Act," which seeks to establish entertainment complexes in Thailand, potentially legalizing casinos.

Poker celebrities descend onto Landing Casino for day one of WPT Korea

The WPT Korea 2024 tournament kicked off with a bang as numerous poker stars, including WPT Ambassador Phil Ivey, attend the first day of WPT Korea 2024 Festival.

Japanese baseball star denies being involved in illegal gambling

Los Angeles Dodgers' superstar Shohei Ohtani has denied allegations of illegal sports betting that are making headlines in the USA and his home country of Japan.

Media watchdog urges Curaçao to stop online gaming ads targeting Australians

The Australian Communications and Media Authority (Acma) has urged authorities in Curaçao to cease allowing online casinos to target Australian consumers, as it adds more operators to its blacklist.

Korea’s Paradise appoints co-CEO

South Korean casino operator, Paradise Co. Ltd, has appointed a co-CEO effective from March 22, to manage the company in partnership with Choi Seong Wuk.

Paradise Entertainment sees revenues rise 113% in 2023, eyes Southeast Asia market in 2024

Casino management services and electronic gaming equipment company Paradise Entertainment, reported significant improvements in Adjusted EBITDA across its key segments last year, and aimed...

Macau casino employee arrested for falsifying membership points fraud

A Macau casino supervisor and an accomplice have been arrested by police for cheating the casino out of HK$97,000 ($12,400) by falsifying membership points.

Macau gaming resilient with mass GGR at 110%-115% of 1Q19 levels: UBS

Macau’s gaming industry has shown resilience in a seasonal low month, with its mass gross gaming revenue (GGR) still at 110-115 percent of 1Q19 levels, says UBS.

India eyes independent eGaming regulator to better separate gaming from gambling

India might be a step closer to receiving its own E-Gaming regulator tonight, as the government moves away from the idea of self-regulation.

Wynn Macau grants shares to 151 employees and one executive director

Macau gaming operator Wynn Macau has granted 151 employees and executive director Frederic Jean-Luc Luvisutto the option to subscribe for an aggregate of 6,977,787 ordinary shares of HK$0.001 each.

IPI reappoints Chen Feng as executive director

Imperial Pacific International (IPI), a casino operator in Saipan, has reappointed Chen Feng as an executive director.

TOP AUTHORS

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PAGCOR excited about growth in eGaming segment

PAGCOR’s Chairman and CEO, Alejandro H. Tengco, says that he’s most excited about the growth in the eGaming sector in the Philippines, with expectations that gross gaming revenue generated from the segment could even top that of its land-based casinos. The official also laid out the sale plans for Casino Filipino, saying they haven’t yet settled on a final price.