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Commercial flights and cross-border vehicle traffic to Macau surge in April
The number of arriving and departing commercial flights in Macau saw a 353.6 percent yearly increase in April, totaling 2,980 – as the ramp up of international air routes continued, further boosting the city’s aim to attract more international visitors. Cross-border vehicle traffic also surged during the period.
China arrested 351 ringleaders in 464,000 telecom fraud/online gambling cases in 2022
China stated owned media Global Times reported that China had resolved 464,000 cases related to telecom fraud and online gambling last year, with 351 ringleaders and key members of criminal groups arrested.
AGI buying rest of shares in Newport World Resorts from failed Genting HK
Alliance Global Group (AGI) has sealed a deal to take over all shares held by the failed Genting Hong Kong in integrated resort Newport World Resorts, located in Manila.
New rulebook for crypto trade taking effect in Hong Kong
Hong Kong's new crypto law is coming into effect on Thursday, June 1st, imposing a licensing regime for virtual-asset platforms.
PAGCOR cancels CGC Tech POGO license and ends Sun Valley Clark hub
Philippine gaming regulator PAGCOR has cancelled the Philippine Offshore Gaming Operator (POGO) license of CGC Technologies, an offshore gaming service provider based in Pampanga, as well as the offshore gaming accreditation of the whole of the Sun Valley Clark hub.
Macau ranks within the top 10 cities for traveler spend: World Travel and Tourism Council
The World Travel and Tourism Council has ranked Macau in 4th place amongst the top 10 cities where travelers spent the most money in 2022.
Macau’s hotel employee figures drop in 1Q23, to 46k
The number of people employed in the hotel industry in Macau fell by some 3 percent yearly in the first quarter, according to official statistics.
Apple tells Indian officials it needs “legal requirement” to take betting apps from store
Apple has reportedly told officials in India that it needs a “concrete reason or a legal requirement” in order to take down betting apps from its App Store, after the nation’s ministry of electronics and information technology (MeitY) in February banned some 138 gaming and betting applications in the country.
Global travel bookings for summer surpass 2019 levels, with intra-regional travel leading the way: Trip.com
The global travel bookings for the summer (June 1 – August 31) have already surpassed 2019 levels, with intra-regional travel leading the way, shows Trip.com data.
RGB International reports profit of $2.3 million for 1Q23
Malaysian-based supplier RGB International has reported profit growth of 418 percent yearly, to RM10.5 million ($2.3 million), for the quarter ended March 31st, 2023.
Non-gaming performance in Macau encouraging, with operators making historically high daily earnings
Macau's gaming operators are having some very positive feedback from the non-gaming push. Morningstar Senior Equity Analyst Jennifer Song told AGB that at least two gaming operators in Macau recorded historical high daily earnings while holding concerts in their properties.