Ben Lee

Ben Lee
1 POSTS0 COMMENTS

LATEST ARTICLES FROM AUTHOR

The setting Sun

LATEST NEWS

Macau expands casino-backed community shuttle to 14 routes, extends run to 2027

Macau expands its casino-backed community shuttle on Friday, adding four landmark-to-neighborhood routes and extending the scheme to January 2027.

China’s 2Q26 GDP growth slows to 4.3% as investment contracts

China’s second-quarter GDP growth slowed to 4.3%, as weaker investment offset gains in income, industry and retail activity.

China, Philippines repatriate suspect linked to gambling and fraud

China and the Philippines repatriated a Chinese fugitive accused of organizing cross-border online gambling and telecom fraud.

Playtech subsidiary joins UAE regulator’s licensed vendor register

Playtech-linked VSTechnology is now licensed as a gaming-related vendor in the UAE, according to the GCGRA’s public register.

Thai cyber police arrest 12 in World Cup betting crackdown, allege almost $30M monthly turnover

Thailand's Cyber Crime Investigation Bureau (CCIB) has arrested 12 people over an alleged online gambling and money laundering network, seizing and freezing assets worth more than THB13 million ($388,000) in coordinated raids across Bangkok, Samut Prakan and Tak provinces.

HKEX adds new resumption hurdles for Century Entertainment

Century Entertainment faces added HKEX hurdles, including overdue results and an independent internal controls review process.

Macau gaming stocks not yet attractive after 25% sell-off: JP Morgan

JP Morgan says Macau gaming stocks remain unattractive after a 25 percent sell-off, as weak revenue and earnings risks persist.

Macau proxy betting deal sours as agent keeps, then loses, client’s $64K

A proxy bettor allegedly refused to return $63,800 to his client, then lost it all at Macau casinos before his arrest.

DigiPlus joins Brazil’s responsible gaming institute IBJR

DigiPlus signs up to Brazil's responsible gaming institute as it continues investing in the market under its BingoPlus brand.

Light & Wonder holds FY26 AEBITDA growth outlook ahead of 2Q26 results

Light & Wonder reaffirmed mid-to-high single-digit AEBITDA growth for 2026, after a $134 million 2Q26 buyback that is now paused.

Curacao issues wind-down rules for gaming license holders

Curacao sets wind-down rules for license holders, requiring orderly closures, player protection and settlement of all outstanding liabilities.

Timor-Leste crackdown snares 90 more in Dili and Liquiçá raids

Timor-Leste detained 90 foreign nationals in Dili and Liquiçá as its crackdown on suspected online scam and illegal gambling networks widens.

Macau GGR to recover from August as World Cup drag fades: Jefferies

Macau's 2Q26 GGR came in flat at $8.2 billion as the World Cup diverted spending, but Jefferies expects a recovery from August.

Chinese tourism recovery lifts Korea’s foreigner-only casinos: brokerage 

Korea’s foreigner-only casino sector is regaining momentum as Chinese arrivals rebound and visa-free group tours support inbound demand.

Macau July GGR to drop 5%, recovery expected after World Cup: Citigroup

Macau’s July GGR is forecast to fall 5 percent to $2.60 billion, though Citigroup expects recovery as the World Cup winds down.

Velvix secures strategic EGM deployment with LaVie Resort in Manila

Velvix Corporation, a developer of both EGM cabinets and software for the APAC and North American markets, has shared the signing of a strategic cooperation agreement with LaVie Resort and Casino Manila, marking an important step in the company’s continued expansion into the Philippines gaming market. 

CLSA trims Macau 2026 GGR growth to 2.3% after weak June, softer July outlook

CLSA trims its 2026 Macau GGR forecast to $31.3B, or 2.3 percent growth, after a weak June and an expected 12 percent July decline.

Hong Kong police arrest 65 in crackdown on illegal gambling dens and nightclubs

Hong Kong police have arrested 65 people following a large-scale operation targeting a criminal syndicate suspected of operating illegal gambling dens and unlicensed nightclubs, while also uncovering an alleged money laundering operation involving more than HK$13 million ($1.7 million).

Exam season, fuel prices and World Cup slow Macau visitor growth in May-June: Govt

Macau visitor growth slowed in May and June as exam season, fuel price volatility and the World Cup weighed on travel demand.

Macau arrests two more mainland men over proxy betting

Two more mainland men were arrested in Macau for livestreaming baccarat and placing proxy bets for gamblers based in mainland China.

AUTHORS