Angel Sueiro
LATEST NEWS
SJM’s Kam Pek Market food stalls to open before 2025 CNY
Macau gaming operator SJM Resorts has announced that the Kam Pek Market is set to open between mid-December 2024 and the Chinese New Year in 2025.
Philippine Government steps up POGO ban, closure by year-end
The Philippines' newly appointed Interior Secretary, Jonvic Remulla, has committed to ensuring the complete shutdown of all Philippine Offshore Gaming Operators (POGOs) by year-end.
Fortune recognizes Pansy Ho and Linda Chen among Asia’s most powerful women
Pansy Ho of MGM China and Linda Chen from Wynn Macau, two influential women in Macau’s gaming industry, have been named in Fortune’s 2024 “Most Powerful Women in Asia” list.
South Korea’s Kangwon Land adjusts strategy to a global integrated resort
Kangwon Land, the South Korean operator of a casino and resort complex in Gangwon Province, announced plans earlier this year to evolve into a global integrated resort (IR), focusing on enhancing its non-gaming facilities.
Asia Pioneer Entertainment appoints Maria Garcia to the Board of Directors
Asia Pioneer Entertainment Holdings Limited (APE) has announced that Ms. Maria Garcia was appointed as APE’s first female Director since the company's listing on the Hong Kong Stock Exchange in 2017, with effect from 30 September 2024.
China’s travel bookings during Golden Week reached an all-time high: Trip.com
Despite a softening economy, the online travel agency giant Trip.com Group reported that the daily order volume for both inbound and outbound travel during the October Golden Week exceeded that of 2019, reaching an all-time high.
Developers to add more than 40K new hotel rooms to Philippines tourist market – Property agency
Private sector hotel developers have committed to 158 new accommodation projects across the Philippines, adding a total of 40,084 rooms, according to the latest market report by Leechiu Property Consultants (LPC)
Thailand’s Tourism Minister urges business support for country’s entertainment complex
Thailand’s Tourism Minister Sorawong Thienthong is seeking the backing of business leaders to help move forward the country's plans for a multi-faceted entertainment complex.
POGOs could influence 2025 elections, warns Anti Organized Crime Commission
The Presidential Anti-Organized Crime Commission (PAOCC) in the Philippines has raised alarms about potential political influence from Philippine Offshore Gaming Operators (POGOs) in the 2025 midterm elections.
Wynn Resorts raises its UAE IR project’s price tag to $5.1B
Las Vegas-based gaming operator Wynn Resorts has increased the budget for its casino project in the UAE - Wynn Al Marjan Island to $5.1 billion.
Alice Guo withdraws from 2025 reelection bid for Bamban Mayor
Alice Guo announced on Tuesday that she would not seek reelection as mayor of Bamban in 2025 in an effort to clear her name amid the ongoing cases filed against her.
Macau welcomed over 993k visitors during October Golden Week
Provisional tourism data from the Macao Government Tourism Office (MGTO) shows that during the seven days of October Golden Week (October 1st-7th), a total of 993,000 visitors arrived in Macau, averaging nearly 142,000 visitors per day.
Light & Wonder had solid 3Q24 despite Dragon Train removals: Deutsche Bank
Despite the recent Dragon Train injunction, Deutsche Bank notes that the gaming equipment and services group, Light & Wonder, had a solid 3Q24.
Isle of Man gambling regulator issues $183,000 fine to erring operator
The Isle of Man Gambling Supervision Commission (GSC) has imposed a GBP140,000 ($183,000) civil penalty on one of its previous licensees, CyberHorizon Limited, after uncovering several regulatory breaches during an investigation.
Rebranding or relocating? How POGOs might survive the Philippine ban
As the Philippine government cracks down on Philippine Offshore Gaming Operators (POGOs) due to links with organized crime, concerns arise over whether these operations will truly be shut down or simply rebrand and relocate.
Damian Quayle appointed as SJM Resorts Chief Gaming Officer
Damian Quayle has been appointed as Chief Gaming Officer at SJM Resorts effective September 2024, the executive manager announced.
10K foreign POGO workers downgrade visas: Gov’t
According to the Bureau of Immigration (BI), over 10,000 foreign workers employed by Philippine Offshore Gaming Operators (POGOs) have applied to downgrade their visas.
Wynn UAE IR sets to contribute $350M of free cash flow to parent firm: CBRE
Wynn Al Marjan Island is expected to deliver a major boost to Wynn Resorts, contributing over $350 million in free cash flow (FCF) once fully stabilized, according to CBRE.
Asian Football Confederation signs agreement to strengthen betting integrity
The Asian Football Confederation (AFC) has reinforced its commitment to safeguarding the integrity of football in Asia by signing a four-year Memorandum of Understanding (MoU) with the International Betting Integrity Association (IBIA).
Philippines tourist arrivals rise 10% Y-o-Y between Jan-Sept
The Philippines had a 10 percent year-on-year rise in tourist arrivals during the first nine months of 2024, as the latest data reveals a substantial growth compared to the same period of last year.
Wynn Al Marjan Island to strengthen global cash flow balance: Deutsche Bank
Wynn Resorts is poised to further balance its cash flow profile with the development of Wynn Al Marjan Island, according to Deutsche Bank.