To raise more capital and issue new shares, PH Resorts Group Holdings aims to increase its authorized capital stock by PHP7 billion ($128 million). This issue will be discussed in the upcoming annual stockholders meeting on Wednesday, July 26th.

PH Resorts said it has received approval from the Philippines Amusement and Gaming Corp. (PAGCOR) to temporarily suspend its license for an integrated resort...

Super typhoon Yagi has already severely limited non-land based travel to Macau, with ferry services between the gaming hub and Hong Kong suspended entirely as of 3pm (from Hong Kong) and 4pm (from Macau).

Sands Resorts Macao’s status as the leading MICE destination in Asia has been affirmed with two awards at the prestigious M&C Asia Stella Awards 2024

The LET Group has issued a profit warning for the first half of the year, noting that it expects to record a loss for the period, reversing a profit of HK$450.6 million ($57.8 million) seen in 1H23.

Crown Resorts’ CEO Ciarán Carruthers is reportedly going to be stepping down after nearly two years in the role.

Wynn Resorts has announced the internal appointment of Max Tappeiner to the role of President of Wynn Al Marjan Island, the group’s property currently under development in the United Arab Emirates (UAE).

Citigroup, in its August premium mass table survey, has observed that Macau continues to demonstrate resilience in gaming amid China’s economic headwinds, maintaining robust player demand.

Nasdaq-listed gaming company Melco Resorts & Entertainment has repurchased nearly 8.33 million shares of its own stock on the open market, with a total investment—excluding expenses—of approximately $44.5 million.

PH Resorts Group Holdings, Inc. has still not been able to find new suitors for its Emerald Bay project, despite restrictions previously in place due to its previous deal with Tiger Resort Leisure & Entertainment, Inc (TRLEI) having been lifted.