Good morning. Reading the next chapter. Pansy Ho has sold her entire MGM Resorts holding for about $140.1 million, cutting her long position to zero after a string of disposals. The sale follows People Inc.’s non-binding bid to raise its stake in MGM Resorts above 50 percent, a move analysts say could put MGM China in sharper focus. In Cambodia, Amnesty International says enforcement skipped over 70 percent of identified scam compounds, several linked to casinos. Meanwhile, Citigroup flags a late-June slowdown as the World Cup pulls betting budgets away.
What you need to know
- Pansy Ho sold her entire MGM Resorts stake for about $140M, exiting the U.S. parent as People Inc.’s takeover bid draws scrutiny.
- Amnesty finds Cambodia’s anti-scam campaign largely ineffective, with few compounds targeted and many still operational.
- Citigroup keeps its June Macau GGR forecast at $2.35 billion, expecting a slowdown as the World Cup and last year’s concerts bite.
On the radar
- Malaysia to step up online gambling monitoring during the World Cup.
- Macau casino shuttle scheme links nearly 10k tourists with neighborhoods.
- Aristocrat leads contributors as AGEM Index rises 3.6% MoM in May.
- Vietnam dismantles SEO network supporting online gambling operators.
- South Korea police investigate Polymarket users for illegal gambling.
AGB Intelligence
MACAU
Pansy Ho cuts MGM Resorts position to zero in $140M sell-off
MGM China chairperson and co-executive director Pansy Ho Chiu King has exited her holding in MGM Resorts International after selling more than 3.06 million shares for about $140.1 million. The five sales were made over consecutive trading days from May 28th to June 3rd, reducing her long position to 0 percent. The move follows People Inc.’s proposed acquisition of control of MGM Resorts, which owns 55.95 percent of MGM China.
Industry Updates
- Sportradar and Kalshi launch a global partnership for prediction markets.
- SOFTSWISS secures major awards across two continents at SiGMA 2026.
- Hellenic Lotteries taps Scientific Games to power scratchcard innovation.
Corporate Spotlight
How Crypto Adoption in Asia is Changing iGaming Payments
Yevhen Krazhan, CSO at GR8 Tech, explores how surging crypto adoption across Asia is revolutionizing iGaming payments, stating: “When I look at what’s changing fastest in Asia, it’s payment behavior,” as wallets, stablecoins, and seamless cross-border transfers become deeply ingrained in player habits. The winning operators will be those that offer fast, reliable, and local deposits and withdrawals. To make sense of it, Yevhen breaks Asia into two crypto realities.
INTELLIGENCE | ASEAN | AWARDS | CAREERS | EVENTS
