TAGBad debts

Pacific Islands

IPI has written off $1b in gaming debts, more than LV Strip in ten years

Sharon Singleton - July 26, 2022

LATEST NEWS

Macau

Macau’s GGR growth rate expected to improve only in 2026: CLSA

Viviana Chan - January 10, 2025

CLSA forecasts more moderate growth in Macau’s gaming revenue in 2025, with a potential improvement in the growth rate expected in 2026, once Chinese property prices stabilize and consumer confidence picks up.

Europe

Wynn Resorts acquires Crown London, expanding its international footprint

Kelsey Wilhelm - January 10, 2025

Australia’s Crown Resorts has announced that it has entered into an agreement to sell Crown London to Wynn Resorts.

Philippines

LET Group trading suspension continues amid ongoing operational challenges

Viviana Chan - January 10, 2025

Trading of LET Group shares on the Hong Kong Stock Exchange remains suspended as the company has yet to fulfill all resumption requirements.

South East Asia

Asia remains focal point for match-fixing concerns: Sportradar

Nelson Moura - January 10, 2025

There has been a significant drop in match-fixing incidents across global sports for 2024, but Asia remains a focal point for match-fixing concerns, says Sportradar.

Philippines

Belle Corp finds Clark to be “strategic location” for further IR development

Kelsey Wilhelm - January 10, 2025

Belle Corporation, the Philippine-listed parent company of Premium Leisure Corp (PLC), has now publicly announced that it is pursuing Clark as a “strategic location” for further growth.

Macau

Melco keen on Thai gaming license, aims to develop ‘soft power’ talent

AGBrief Editorial - January 10, 2025

Macau-based gaming group Melco Resorts & Entertainment is focusing in on Thailand, pursuing a development strategy akin to its previous international investments.

United States

Simon Johnson appointed new CEO of Light & Wonder’s iGaming segment

AGBrief Editorial - January 10, 2025

Gaming equipment and services group Light & Wonder has announced the appointment of Simon Johnson as the new CEO of the company’s iGaming business.

Macau

Beijing warns against developing projects inconsistent with strategic direction in Macau’s neighbor Hengqin

Viviana Chan - January 9, 2025

Mainland Chinese authorities in Beijing are monitoring the development of Macau's neighbor, Hengqin, and warning that development is needed to push Macau's diversification attempts.

Philippines