Sharon Singleton
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https://agbrief.com/about-asia-gaming-brief/Sharon Singleton is a multi-media reporter with experience ranging from website management to reporting and editing for newspapers, news agencies and television.
As Managing Editor she's been working with Asia Gaming Brief since 2013 and her specialties are: Business, current affairs, fluent in Italian, French, with working knowledge of Spanish.
LATEST NEWS
MGTO anticipates 130k visitors daily during Labor Day holiday
Helena de Senna Fernandes, Head of the Macao Government Tourism Office (MGTO), projects that Macau may receive an average of 150,000 inbound tourists per day during the Labor Day Golden Week. The projection surpasses the numbers seen during the Cheng Ming and Easter holidays.
Supreme Court decision to determine fate of India’s online gaming – Lawyers
A supreme court decision over gaming taxation will hold significant implications for an industry grappling with regulatory uncertainties and divergent tax rulings across the country, legal analysts considered.
Sands China sees massive EBITDA increase as 1Q24 shines
Sands China has reported a 53.3 percent increase in adjusted property EBITDA for its Macau operations in the first quarter, while Marina Bay Sands was also up by over 50 percent during the period.
Entain records good progress, increase in active customers
Gambling giant Entain has surprised analysts with its resilience in the face of challenging market conditions.
Macau 1Q mass GGR at 112% of 1Q19 levels
In Q1, Macau Gross Gaming Revenue (GGR) experienced a 6 percent quarter-on-quarter growth, reaching MOP57 billion ($7.06 billion), equivalent to 75 percent of pre-COVID-19 levels.
Crown Melbourne unveils first new venue as part of redevelopment
Crown has revealed the latest addition to its redevelopment plans with the introduction of ‘The Henley at Crown Melbourne,’ an upmarket bar set to open later this year.
Macau operators acknowledge ‘intensifying competition’ but deem it ‘manageable’
The gaming operators Galaxy Entertainment and MGM China consider that the industry’s competition is 'intensifying' but remains ‘manageable.'
Morgan Stanley cuts Galaxy’s earnings outlook due to market share loss
The investment bank Morgan Stanley has lowered Galaxy Entertainment’s earnings forecast due to market share loss.
SkyCity Entertainment Group appoints Jason Walbridge as new CEO
New Zealand and Australian gaming operator SkyCity Entertainment Group has announced the appointment of former Aristocrat executive Jason Walbridge as the company’s new Chief Executive Officer.
Macau confident in attracting over 30M visitors this year
Macau’s Chief Executive, Ho Iat Seng, expresses his confidence that Macau will attract more than 30 million visitors this year.
HK High Court orders winding up of Imperial Pacific, liquidator appointed
The final death knell for Imperial Pacific International appears to have been rung, as Hong Kong’s High Court ordered the company to be wound up and appointed a provisional liquidator.
Newport World Resorts with new annual high in GGR for 2023, non-gaming booms
Newport World Resorts achieved a new annual high in gross gaming revenues in 2023, topping $600 million, with double-digit returns in its non-gaming revenue.
Macau top official reiterates Jockey Club land not for gaming
During a plenary session of the Legislative Assembly on Tuesday, Macau's top official, Chief Executive Ho Iat Seng, reiterated that the Macau Jockey Club (MJC) land would not be used for gaming purposes.
Thailand’s casino legalization under scrutiny of various agencies: report
The Thai Cabinet has designated the Finance Ministry as the primary agency responsible for reviewing a report prepared by an ad hoc House committee regarding the potential for establishing entertainment complexes with casinos in the country.
Okada Manila sees strong drops in VIP and online GGR, driving down 1Q24 results
Gaming revenue at Okada Manila fell by nearly a quarter in the first three months of the year, as gross gaming revenue from the VIP segment tumbled 42.61 percent year-on-year.
Spot Bitcoin and Ethereum ETFs get regulatory approval in Hong Kong
Hong Kong regulators granted conditional approval for the introduction of exchange-traded funds (ETFs) for spot Bitcoin and Ethereum on Monday.
MGM Resorts sues US Federal Trade Commission over cyber-attack investigation
MGM Resorts is suing the United States Federal Trade Commission (FTC) in efforts, claiming that the regulatory body is overstepping its bounds in its investigation into the cyber-attack on the gaming operator last September.
Melco could resume dividend payments in FY25: Bank of AmericaÂ
The investment unit of Bank of America says that it expects Melco will resume dividend payments from FY25 onwards. This forecast has brought forward the timing compared to the previous expectation of only in FY26.
Macau premium mass resilient, Sands regains pole position: Citigroup
According to a recent memo from Citigroup, business trends in the Macau gaming sector appear to be resilient in April, especially leading up to the Labor Day break.
Belle Corp revenue reaches $98.6M in 2023, boosted by gaming unitsÂ
Belle Corp’s consolidated revenues improved by 3 percent to $98.6 million in 2023 from the $95.4 million recorded in 2022. These were driven mainly by other gaming-related revenues.
TOP AUTHORS
Banning junkets from insuring credit aligns with public policy: expert
The Legislative Assembly of Macau's approval of gaming credit legislation, which prohibits junkets from extending gaming credit, is viewed as a significant step towards aligning with public policy in China and Macau.
