Felix Ng
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https://agbrief.com/about-asia-gaming-brief/Felix is the Asia Editor and Events Director of the Asia Gaming Brief. He has over a decade of experience developing conferences for industries including gaming, telecoms, investment, biotechnology, and mining. Felix covers gaming technology and innovation and is passionate about developing engaging and eye-catching content for the industry.
LATEST NEWS
LET Group appoints three new directors for auditing purposes
LET Group Holdings Limited announced the appointment of three new independent non-executive directors with auditing and accounting experience, as its Hong Kong trading suspension has been lifted.
Closing date of $235M funding for Westside City project extended by one year
The closing date for a deal to secure funding of up to $235.2 million for a casino hotel project at Westside City in Manila has been postponed by 12 months, now scheduled for April 30th, 2025.
PAGCOR sheds more light on recent raid on illegal online gaming raffle
PAGCOR has announced further details around the arrest of 10 Chinese nationals and 26 Filipinos in Laguna and Parañaque City, linked to an illegal online raffle.
Philippines GGR to grow 15% this year, driven by domestic mass: Maybank
The Philippines' gross gaming revenue is expected to grow ‘at least 15 percent’ this year, following record-breaking 2023.
Queensland Attorney-General: Chow Tai Fook suitable partner for The Star in Brisbane
The Attorney-General of Queensland has ruled that Chow Tai Fook Enterprises Limited (CTFE) and its associates are suitable to partner with The Star Entertainment Group at its Brisbane casino.
Casino sales in Korea’s GKL and Lotte Tour drop 19.7% in April
South Korean foreigner-only gaming operators Grand Korea Leisure Co Ltd (GKL) and Lotte Tour Development experienced a month-on-month sales decrease in April.
Macau Police seize 585 counterfeit chips, 5 arrested
Macau Judiciary Police uncovered a cross-border criminal syndicate that utilized counterfeit chips in casinos, leading to the arrest of five suspects from mainland China.
Thai gaming market extremely compelling, UAE casino still on the radar: MGM CEO
The cost of doing business in Thailand and the estimated margins make the possible future gaming market very compelling, while the UAE holds potential, notes the CEO and President of MGM Resorts International.
Imperial Pacific needs $150M to complete Garapan IR
Imperial Pacific International (CNMI) LLC's director/general manager Howyo Chi recently revealed that completing the casino/resort building in Garapan will require an estimated $150 million investment from IPI.
South Korea’s Paradise Co sees 59% surge in gaming revenue in April m-o-m
South Korean foreigner-only casino operator Paradise Co. reported a 59 percent surge in casino gaming revenue on a month-to-month basis in April, totaling $61.1 million.
Macau’s May GGR expected to hit $2.5B, Labor Day hotel prices 30% below CNY: brokerages
Investment bank Citigroup anticipates that Macau’s gross gaming revenue (GGR) in May could reach MOP20 billion ($2.49 billion), about 77 percent of 2019 levels.
PAGCOR crackdown on illegal Facebook gambling, 16 arrested
Philippine authorities have arrested 16 individuals linked to an illegal online raffle on Facebook in a joint operation between the Philippine National Police Anti-Cybercrime Group (PNP-ACG) and representatives of the Philippine Amusement and Gaming Corporation (PAGCOR).
Debt reductions on track to improve Melco’s financial stability: CEO
A debt reduction of some $250 million has helped Melco Resorts & Entertainment to mitigate its refinancing risks and bolster the company's financial stability, says the group's CEO Lawrence Ho in its recent conference call.
Philippines aiming to attract more US tourists
The Philippines is setting its sights on drawing approximately 15 percent more inbound visitors from the United States, recognizing the market's significant potential contribution to the country's tourism sector recovery.
Tokyo, Bangkok, HK and Seoul lead Labor Day travel trends: Trip.com
Trip.com Group, has revealed that Tokyo, Bangkok, Hong Kong, and Seoul are the most sought-after travel destinations during the ongoing Labor Day holiday in mainland China.
Tiger Resort makes initial $5.2M payment for Emerald Bay rescue
PH Resorts Group has obtained an initial "non-refundable" payment of PHP300.1 million ($5.2 million) from Tiger Resort as it moves to relinquish majority ownership of Cebu-based Emerald Bay.
Thailand crackdown on illegal online betting operations
Thailand's move towards a legal gaming environment is being preempted by a crackdown on the illegal gambling market. The country is taking rapid steps, with police aiming to dismantle operations even as legislation moves forward.
Macau’s April GGR reaches $2.29B, down 4.9% m-o-m
Macau’s gross gaming revenue (GGR) amounted to MOP18.5 billion ($2.29 billion) in April, reflecting a 4.9 percent decrease from March’s MOP19.5 billion ($2.42 billion).
City of Dreams Sri Lanka could achieve up to $250M in GGR: Melco Resorts CFO
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.
Melco launching City of Dreams Sri Lanka, casino to open mid-2025
Melco has been awarded a 20-year casino license to operate City of Dreams Sri Lanka, in the country’s capital of Colombo.
TOP AUTHORS
Cambodia not eliminating gambling, Thailand is a threat
Cambodia’s gaming story is not over by a long shot, with gaming expert Daniel Li pointing out how the country is trying to improve its oversight and legislation, rather than eviscerate the industry.
