Good Morning: Zitro Games has solidified its presence in the Philippines, with its products recognized as “proven performers” in major casinos, such as Newport World Resorts and Okada Manila. In an interview with AGB, Nadège Teyssedre, EMEA Regional Sales Director, expressed confidence in Zitro’s future in the region, supported by a robust 2025 product roadmap. Meanwhile, Melco International Development saw a significant reduction in its losses during 2024, thanks to a recovery in inbound tourism to Macau in 2024 as well as the ramp-up of operations following Studio City Phase 2. Also in Macau, authorities registered a 3.8 percent drop in gaming tax revenue during the year’s first two months.
What you need to know
- Zitro’s products are “proven performers” in the Philippines, spurring its growth in Asia with new appointments and plans for new markets.
- Melco International halves loss in 2024, with improved Macau results: Chairman says company aims to retain “capital-light investment”.
- Macau’s government collected MOP14.24 billion ($1.78 billion) in gaming tax revenue during January and February 2025, representing a 3.8 percent year-on-year decline.
On the radar
- Macau to conduct review of gaming operators’ non-gaming investments.
- Universal Ent. restructures management to reduce concentrated authority.
- Shin Hwa World decreases loss in FY24, as gaming revenue rises by 350%.
- Sands China repays $1B loan to parent LVS three years early.
AGB Intelligence
PHILIPPINES

Zitro’s strategic growth in Southeast Asia
Zitro Games is strategically expanding in Asia, having appointed Bill Stefanakis as Director for Asia and focusing on launching Asian-themed games while complying with the new PAGCOR standards. Nadège Teyssedre, EMEA Regional Sales Director, told AGB in an interview that the company has also begun operations in Laos and sees potential in Thailand‘s emerging casino market. Although Macau remains a long-term goal due to its competitive nature, Zitro is enhancing its offerings in both digital and physical gaming, aiming to create immersive experiences that leverage advanced multimedia capabilities and support cross-channel strategies.
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