Michael Penn
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Michael Penn is a journalist and scholar based in Tokyo, Japan. As a journalist, he both writes print news articles and produces news videos. On the video side, he has several years of experience doing it all by himself: reporting the stories, shooting the video, and editing the packages. As a scholar, the bulk of his past publications have been about Japan's modern relations with the Islamic world.
LATEST NEWS
Philippines Telco Globe blocks over 1K illegal gambling sites in 1Q24
The Philippines is stepping up efforts to block illegal gambling sites, with Telecoms firm Globe alone blocking 1,345 domains in its network in 1Q24.
Wynn Macau revenues hit nearly $1 billion in 1Q24
Wynn Macau saw a 66.4 percent surge in its operating revenues during the first quarter of the year, on a yearly basis, hitting nearly $1 billion, far overshadowing its other segments.
Global expansion of illegal horse racing betting platform Citibet a threat to the sport’s integrity: ARF Council
Illegal horse racing betting exchange Citibet has significantly expanded its potential market through technological advancements, enabling its presence on thousands of third-party illegal betting websites worldwide and exacerbating corruption and money laundering risks, a report by the Asian Racing Federation Council (ARF) shows.
Macau hotel occupancy hit 89% during Labor Day holiday
Macau's hotel occupancy rates reached 89.2 percent during the five-day Labor Day holiday, up by 4.5 percentage points year-on-year, according to information from the Macao Government Tourism Office (MGTO).
May could be Macau’s strongest month year-to-date: Jefferies
Jefferies notes that the latest update for Macau gaming industry is ‘positive’ as expectations for May holiday had been low given bad weather, but gross gaming revenue (GGR) indications are ‘strong’ and ‘only slightly below October's Golden Week holiday’.
Premium Leisure moves closer to delisting, public float reduced to 0.45%
Premium Leisure Corp. (PLC), an investor in City of Dreams Manila, is one step closer to delisting from the Philippine Stock Exchange (PSE).
Philippines received nearly 2M international visitors in 4 months, up 17%
The Philippines’ tourism market continues its positive momentum. In the first four months of the year, the country received nearly 2 million international visitors, marking a 17 percent increase compared to the same period last year.
Philippines’ anti-crime body files new charges against Pasay POGO executives
Prosecutors have received testimony from 10 Chinese nationals implicating seven of their compatriots in illicit activities at a Pasay City-based POGO (Philippine Offshore Gaming Operator) firm raided last year.
Philippine Senator pushes for probe into illegal workers in gated communities
Philippine Senator Sherwin Gatchalian has urged for an investigation by the Senate into the growing presence of foreign nationals within exclusive gated communities.
Century Entertainment enters into agreement to operate 7 VIP tables at Dara Sakor
HK listed Century Entertainment has announced the signing of a new deal that sees the company operate a VIP gaming room at a casino in Dara Sakor, Cambodia.
Seaport: Macau May GGR could reach up to $2.58B – a post-pandemic high
A top analyst is forecasting that Macau’s gross gaming revenue in May could hit its highest monthly tally so far this year, and the highest since the onset of the pandemic, at $2.5 billion, even potentially going as high as $2.58 billion.
Wynn releases new images of Al Marjan IR, plans to open in ‘early 2027’
Wynn Resorts has released new mock-ups of its integrated resort under construction in the United Arab Emirates.
Galaxy and Sands China likely most benefited from holiday: Citigroup
According to a recent Labor Day edition of the Premium Mass table survey from Citigroup, Macau gaming operators Galaxy Entertainment and Sands China, with the largest hotel room inventory, 'seem to benefit the most from the holiday crowd.’
Integrating CRM, AML, KYC, RG, through Cashless
A top panel of experts breaks down the importance of being cashless for both the online and land-based gaming sectors.
Macau May GGR could grow 6% m-o-m to $2.45B: CLSA
Brokerage CLSA predicts that Macau's gross gaming revenue (GGR) in May could grow by 6 percent month-on-month, amounting to $2.45 billion.
HK-Macau ferry ops still lagging, TurboJET partners with gaming concessionaires
In a move to return its business to pre-pandemic levels Macau ferry operator TurboJET has announced plans to cooperate with the SAR's six gaming concessionaires.
South Korean underage gamblers getting younger, increasing in numbers
The South Korea National Police Agency (KNPA) is reporting a surge in the number of Korean juveniles apprehended for involvement in illicit gambling activities.
About 604,400 tourists visited Macau during 5-day Labor Day Golden Week
The Labour Day Golden Week concluded on Sunday, with a total of 604,395 tourists reported to have visited the Macau SAR, data published by the city's Public Security Police shows.
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.
TOP AUTHORS
Crown Resorts’ CEO “always extremely confident” in retaining casino licenses
Crown Resorts’ CEO told AGB that he had little doubt that the group would be found suitable to maintain its casino licenses in both Sydney and Melbourne, but that the process was much more intense than anticipated, and oversight is unlikely to let up.
