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LATEST NEWS

LATEST NEWS

Macau July GGR to drop 5%, recovery expected after World Cup: Citigroup

Macau’s July GGR is forecast to fall 5 percent to $2.60 billion, though Citigroup expects recovery as the World Cup winds down.

Velvix secures strategic EGM deployment with LaVie Resort in Manila

Velvix Corporation, a developer of both EGM cabinets and software for the APAC and North American markets, has shared the signing of a strategic cooperation agreement with LaVie Resort and Casino Manila, marking an important step in the company’s continued expansion into the Philippines gaming market. 

CLSA trims Macau 2026 GGR growth to 2.3% after weak June, softer July outlook

CLSA trims its 2026 Macau GGR forecast to $31.3B, or 2.3 percent growth, after a weak June and an expected 12 percent July decline.

Hong Kong police arrest 65 in crackdown on illegal gambling dens and nightclubs

Hong Kong police have arrested 65 people following a large-scale operation targeting a criminal syndicate suspected of operating illegal gambling dens and unlicensed nightclubs, while also uncovering an alleged money laundering operation involving more than HK$13 million ($1.7 million).

Exam season, fuel prices and World Cup slow Macau visitor growth in May-June: Govt

Macau visitor growth slowed in May and June as exam season, fuel price volatility and the World Cup weighed on travel demand.

Macau arrests two more mainland men over proxy betting

Two more mainland men were arrested in Macau for livestreaming baccarat and placing proxy bets for gamblers based in mainland China.

Macau gaming taxes rise 13% YoY to $6.3B in 1H26

Gaming tax receipts hit 55.3 percent of Macau's full-year budget target by June, with 1H26 collections at $6.3 billion.

PhilWeb elects Gokongwei as director following confirmed $33M personal investment

Lance Gokongwei takes a PhilWeb board seat as two directors resign, formalizing his role weeks after his $33 million share subscription.

PAGCOR remits $92.1M dividend to Philippine government in 2025

PAGCOR remitted $92.1 million to the Philippine government, ranking fifth among 50 state-owned corporations.

Macau 2Q26 EBITDA to fall 7% to $1.92B in ‘toughest’ quarter since reopening: Citigroup

Macau gaming EBITDA is forecast to fall 7 percent to $1.92 billion in 2Q26, hit by World Cup disruption and unfavorable VIP hold.