Saturday, September 14, 2024

Shaun McCamley

Shaun McCamley
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Shaun McCamley is the founder and managing partner of Euro Pacific Asia Consulting. He has over 39 years of experience in the land-based and digital gaming industries.  Recognized by Global Gaming Business Weekly as one of the top 25 industry people to watch. Since 2001, Shaun has been building Euro-Pacific-Asia Management Consulting into a leading firm that provides advice, casino management services, and turn-key solutions to the land-based and digital gaming industries.

LATEST NEWS

Thailand’s coalition party supports casino plan but warns of monopoly risks

Thailand’s prominent coalition party, Bhumjaithai, reiterated its support for Pheu Thai’s proposal to legalize casinos but expressed concerns about the potential for monopolies.

Macau’s hotel sector saw $1B gross surplus in 2023, led by 5-star hotels

Macau's hotel sector recorded a gross profit of nearly MOP8.16 billion ($1.02 billion) in 2023, with five-star hotels contributing almost MOP5.88 billion ($736 million), or 72 percent of the total.

Avril Baynes takes helm as SkyCity Adelaide’s Managing Director

SkyCity Entertainment has appointed Avril Baynes as Managing Director of its Adelaide operations.

US sanctions gaming-linked Cambodian tycoon Ly Yong Phat for human trafficking, cyber and virtual currency scams

The United States has imposed sanctions on Ly Yong Phat, a Cambodian tycoon linked to illegal online gambling.

Thailand PM gives first policy address, statement highlights benefits of entertainment complexes

In her inaugural policy address to Parliament on Thursday, Thailand’s new Prime Minister Paetongtarn Shinawatra focused on financial stability and how to increase government revenue, including the development of mega-projects such as entertainment complexes.

Macau CE candidate calls for healthy, orderly, and sustainable gaming development

Macau's unopposed Chief Executive candidate, Sam Hou Fai, has urged gaming operators to ensure the industry’s growth is maintained through "healthy, orderly, and sustainable development.”

Angel Group commences building new factory in Macau

Casino equipment supplier Angel Group has announced the construction of a manufacturing base in Macau dedicated to producing casino-specific playing cards. 

Thai PM faces calls for her removal, adding uncertainty to casino plan

Thai Prime Minister Paetongtarn Shinawatra is facing a surge of legal challenges just days after taking office, raising concerns about political instability in Thailand and uncertainty about the country's gaming industry.

Bloomberry clarifies third casino in Cavite, five to 10 years

Bloomberry Resorts Corp expects to open its third Solaire-branded integrated resort in Cavite within the next five to ten years.

Genting Malaysia issues $525M in 7.25% Senior Unsecured Notes via US subsidiaries

Genting Malaysia Berhad has announced that it will be offering $525 million in 7.25 percent senior unsecured notes due 2029 via its wholly owned US subsidiaries Genting New York LLC and GENNY Capital Inc.

PAGCOR to only start casino privatization in 2026

PAGCOR Chairman Alejandro H. Tengco has pushed back the timeline for privatizing its self-run Casino Filipino operations to early 2026.

The Star still in discussions with gov’ts, regulators and lenders over financials

Australian gaming operator The Star is still in discussions with ‘State governments, regulators and the Company’s lenders’ as it attempts to resolve its ‘financial position’.

Wynn launches $800M in unsecured notes, with $130M to go to pay off DOJ fine

Wynn Resorts Finance has launched an offering for $800 million in unsecured notes due in 2033. The proceeds are expected to help cover ‘all or a portion’ of the $130.13 million record fine imposed on the company over unlicensed money transmitting business.

Queensland pubs and clubs EGM revenue rises 13.3% in August, sets new record

Queensland's club and pub gaming sector has achieved impressive results in August, with a 3.8 percent increase in gross revenues monthly and a 13.3 percent yearly rise.

Bloomberry Resorts’ third casino in Cavite expected to open by 2028

Bloomberry Resorts, the operator of Solaire Resorts, plans to open a new casino "Solaire Puerto Azul" in Cavite by 2028, in line with the Philippine government's efforts to expand the country's integrated resort offerings and boost the gaming industry.

PAGCOR to further lower online GGR tax rates for IR operators to 25 percent

The Philippine Amusement and Gaming Corporation (PAGCOR) is going to further lower its license fees on integrated resorts’ online gaming revenues to 25 percent, effective from January 1st, 2025.

Macau GGR sees decline after summer peak: UBS

Macau's daily gross gaming revenue (GGR) has slowed following the end of the summer holiday season, according to UBS.

Chinese football bans 43 for life over gambling and match-fixing scandal

Chinese football authorities have banned 43 individuals for life due to their involvement in gambling and match-fixing scandals. 

PAGCOR expecting delivery of 2,000 new slot machines for Casino Filipino by mid-September

The Philippine Amusement and Gaming Corporation (PAGCOR) is expecting the delivery of nearly 2,000 new slot machines for its Casino Filipino gaming venues by mid-September.

Singaporean gambler ordered to pay $25.3M gambling debt to The Star casino 

A Singaporean businessman, Wong Yew Choy, has been ordered by an Australian court to pay over AU$38 million ($25.3 million) in gambling debts to The Star Gold Coast casino. 

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