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LATEST NEWS

LATEST NEWS

Macau

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

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

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

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

PAGCOR remits $92.1M dividend to Philippine government in 2025

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

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

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

Malaysian police seize $323,000 in crypto in World Cup betting crackdown

Frank Schuengel -
Malaysian police have dismantled an alleged online betting syndicate linked to the 2026 FIFA World Cup after raiding an office in Kuala Lumpur, arresting 11 suspects and seizing cryptocurrency and cash believed to be connected to the operation.
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Philippines

PhilWeb secures exclusive Pragmatic Play gaming services partnership

AGBrief Editorial -
PhilWeb has secured exclusive rights to distribute Pragmatic Play's slots and live casino content to licensed operators in the Philippines.
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Singapore

Marina Bay Sands appoints Angelita Teo as VP of Attractions

AGBrief Editorial -
Marina Bay Sands has named arts and heritage veteran Angelita Teo to oversee the strategic direction and growth of its attractions portfolio.
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United States

Genting Americas’ $2B facility eases Empire refinancing risk, but construction risks remain: S&P

Viviana Chan -
Genting Americas’ $2B facility removes Empire’s refinancing risk, but S&P says weak cash flow and New York construction risks remain.
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Macau

Macau’s new taxi licenses require operators to join approved ride-hailing platforms

Viviana Chan -
Macau received 47 bids for 700 new taxis under a tender that, for the first time, requires operators to join approved ride-hailing platforms.
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China

IMF lifts China 2026 growth forecast to 4.6% while Asia-Pacific outlook diverges

Viviana Chan -
China’s upgraded 2026 forecast contrasts with a divided Asia-Pacific outlook, as IMF warns global risks remain tilted to the downside.
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