Malaysian group RGB International will acquire a 20 percent stake in an East Timor electronic gaming machines company with a presence in the Philippines for some $2.2 million.

Citigroup has trimmed its forecast for Macau's gross gaming revenue (GGR) from $2.3 billion to $2.23 billion for April due to the anticipated flattish daily run-rate.

UBS reports that Macau hotel prices for mainland China’s five-day Labor Day holiday season are 20 percent below this year's Chinese New Year (CNY) rates but bookings are high.

The Macau government has plans to construct an outdoor concert venue with a capacity to accommodate 50,000 attendees, located at the Cotai Strip.

The Saipan Commonwealth Casino Commission (CCC) board has deferred its decision on whether to revoke Imperial Pacific International's exclusive gaming license in light of the company's Chapter 11 bankruptcy filing.

Philippine Senator Sherwin T. Gatchalian is urging the country's Bureau of Immigration (BI) to intensify efforts to prevent foreigners involved in illegal Philippine Offshore Gaming Operators (POGOs) from entering the country and establishing more illicit operations.

Crown Resorts is retaining its casino license in Sydney, after authorities in New South Wales ruled that the group’s remediation efforts have been sufficient.

Macau’s government brought in some $882.71 million in gaming tax revenue during the month of March, a 77.26 percent yearly increase but down slightly month-on-month.

The Hong Kong Stock Exchange has given the green light for a new share issuance by Palasino Holdings Ltd, a newly-listed subsidiary of developer Far East Consortium (FEC), with the issuance aiming to raise some $2 million.

Philippine President Ferdinand R. Marcos Jr. has emphasized the pivotal role of Filipino hospitality in driving the growth of Philippine tourism and fostering overall economic development.