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Brendan D. Bussman

Brendan D. Bussman
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LATEST NEWS

Macau drives four major projects to reduce reliance on gaming industry

Macau aims for economic diversity with $4.75 billion in cultural hub, airport, university, and R&D park to lower 80% gaming tax dependence.

UAE Lottery strengthens responsible gaming with player monitoring

UAE Lottery promotes responsible gaming through player oversight and mental health support.

Employed residents in Macau’s gaming sector down 2,200 in 1Q25

Macau’s gaming sector lost 2,200 workers, dropping to 65,100 employed residents in 1Q25, per the latest Statistics and Census Service survey.

IEC will invest $1B to expand Manila casino operations

International Entertainment Corp. (IEC), a Hong Kong-listed company, has announced a significant investment of $1 to $1.2 billion to expand its operations in the Philippines, capitalizing on the country's rapidly growing gaming sector.

Melco International to raise up to $100M via rights issue to reduce debt

Melco International will raise up to $100 million through a rights issue, mainly to repay portions of its outstanding 2021 Credit Facility.

Macau gaming watchdog welcomes 60 new inspectors

Macau's Gaming Inspection and Coordination Bureau (DICJ) has welcomed 60 new inspectors, despite the leadership position of Director remaining vacant.

Macau tourism chief expects 4.1% increase in visitors during May Day holiday

Maria Helena de Senna Fernandes, director of the Macao Government Tourism Office (MGTO), forecasted a significant increase in visitors during the upcoming May Day holiday period.

Thai public divided and unenthusiastic about Entertainment Complex plans: Poll

A NIDA poll shows public skepticism and political tension over Thailand’s proposed Integrated Entertainment Business Act, especially casinos.

Mohegan closes $1.2B refinancing package following loss of INSPIRE operations

The Mohegan Tribal Gaming Authority has finalized a major financial restructuring, following its loss of operational control of INSPIRE.

Bloomberry to launch new online gaming platform in 2Q25

Solaire operator Bloomberry Resorts Corp is planning to launch its new online gaming platform as soon as the end of May or early June.

Visa-free reciprocal agreement between China and Malaysia extended for five years

Malaysia and China are extending a reciprocal visa-free travel arrangement between the nations, following a state visit by Chinese President Xi Jinping.

Thai authorities bust illegal crypto trading ring

Thai authorities have busted an illegal cryptocurrency trading ring following raids in Bangkok, Chon Buri and Phuket.

StarDream Cruises to call Thailand its home port nation

StarDream Cruises has decided to call Thailand its home port nation, as the country is one of the top destinations for foreign tourists in Asia.

G2E Asia to feature Francis Lui and Ed Bowers as keynote speakers

The Global Gaming Expo Asia (G2E Asia) organizers have announced that Galaxy Entertainment Group Chairman Francis Lui and MGM Resorts International President of Global Development Ed Bowers will be the keynote speakers at the upcoming event.

Macau receives 1,230 STRs in 1Q25, gaming sector reports down 20.8%

Macau's Financial Intelligence Office announced that it received 1,230 suspicious transaction reports (STRs) in the first quarter of this year, representing a 15.8 percent decrease year-on-year. 

Construction of $10B MGM Osaka begins

The construction of the integrated resort (IR) MGM Osaka kicked off on Thursday, April 24th, in Osaka, at a location adjacent to the 2025 World Exposition venue.

Las Vegas Sands results drop in 1Q25, group positive on Macau and Singapore investments

Las Vegas Sands reported a drop in results for the first quarter of 2025, but highlighted its confidence in its ongoing investments in both Macau and Singapore. 

BMM Testlabs gets official approval to test gaming products in the UAE

BMM Testlabs, the pioneering gaming test lab known for its outstanding compliance and certification expertise, has officially received approval to evaluate gaming products for the UAE’s licensed lottery—The UAE Lottery—and its commercial gaming program.

Macau reports 18.8% increase in visitors from Greater Bay Area in 1Q25

Visitors from the Greater Bay Area rose 18.8% year-on-year to 3.58 million in 1Q25, driven by a 50.3% surge from Zhuhai, according to official statistics.

Sri Lanka advances legislation to regulate gambling and offshore betting

Sri Lanka moves to gazette and table the Gambling Sports Regularization draft Bill for Parliament's approval.

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