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AGEM Index increased by 8.3% in November from Oct, up 51% YoY

The AGEM Index was strong in November, rising by 8.3 percent from the prior month. Compared to one year ago, the index was up by 51 percent.

Macau 2024 final visitor tally could reach 34 million

The Macau Government Tourist Office's Deputy Director, Cheng Wai Tong, announced that the region's target of 33 million visitors for 2024 is likely to be surpassed, potentially reaching 34 million by the end of December.

Las Vegas Sands CEO reduces personal share in the group

Las Vegas Sands (LVS) CEO and chairman Robert Goldstein sold 60,200 common shares on November 29th at $53.02 per share, totaling approximately $3.19 million, and further reducing its stock in the gaming group, a recent regulatory filing revealed.

11K foreign POGO workers have already left the Philippines: Govt

Nearly 11,000 foreign workers employed by Philippine Offshore Gaming Operators (POGOs) have left the country, according to the Philippines Bureau of Immigration (BI).

Singapore authorities crack down on illegal online gambling activities to obtain limited edition POPMART toys

Authorities in Singapore have issued warnings about a rising trend where individuals are engaging in illegal online gambling to obtain limited edition Labubu toys, claiming this activity is reportedly in violation of the Gambling Control Act.

South Korea’s GKL casino sales up 32.6% YoY in November 

Grand Korea Leisure (GKL), South Korea’s operator of foreigner-only casinos, reported a 32.6 percent year-on-year increase in casino sales for November, which rose to KRW 37.0 billion ($26.2 million). This represents a 21.1 percent increase compared to October.

Former PH presidential spokesperson refutes human trafficking charges, from Abu Dhabi

Former Philippine presidential spokesperson Harry Roque has refuted the human trafficking charges filed against him, albeit from Abu Dhabi.

Macau gaming operators-led revitalization projects bring 1.7M visits: Secretary

Macau’s ongoing efforts to revitalize six historic districts through collaboration with casino operators have seen a positive response, with over 1.7 million visits recorded during performance and show periods.

Philippines unlikely to achieve tourist target, with only 5M visitors in 11 months

According to data from the Department of Tourism (DOT), the Philippines welcomed nearly 5 million international visitors between January and November, making it unlikely that the country will meet its target of 7.7 million international arrivals for 2024.

Hengqin approves 5 hotel projects converted from office buildings

Hengqin authorities have approved five applications to convert office or commercial buildings into hotels.

UPCOMING INDUSTRY EVENTS

UPCOMING INDUSTRY EVENTS