TagConstruction project



Tourism fuels jump in May Las Vegas Strip revenue

The Las Vegas Strip posted gross gaming revenue (GGR) of $731.5 million in May, which was up 11.6 percent year-over-year, with visitors fuelling the gains.

Universal’s Philippine unit plans for “prompt” merger with 26 Capital

Universal Entertainment said it plans for a “prompt” merger between its Philippines’ unit and 26 Capital prior to a September 30th deadline.

India defers GST decision on online gambling 

India’s Goods and Services Tax Council has deferred a decision that would substantially increase taxes for online gambling companies for a further 15 days.

Star Queensland probe to begin in July, focus on five key areas

An inquiry into whether Star Entertainment is suitable to hold its casino license in Queensland will begin in July and will focus on five key areas. 

Macau lifts 48-hour NAT test requirement for casino workers

Macau has lifted the requirement for all casino workers to have an NAT test every two days due to overcrowding at testing stations.

Thailand mulling five casinos, online gambling

A Thai committee studying the potential to legalise gambling has proposed allowing five casinos around the country and will also permit online gambling.

Philippines on track to be Asia market leader in 2022

Gross gambling revenue from licensed casinos in the Philippines jumped more than 29 percent in 1Q22, confirming predictions that the country will be one of the best-performing markets in Asia going forward. 

Current PAGCOR administration records P300 billion in revenues

Chairman and CEO Andrea Domingo stated that, during her tenure with the current Administration, PAGCOR has recorded more than P300 billion in revenue or $4.45b.

DOJ called to act on illegal offshore operators, AGA approves

The Department of Justice received a congressional letter encouraging investigation and enforcement action into the illegal gaming market.

Suncity, Summit Ascent, stocks remain on halt pending news

Suncity Group and Summit Ascent have issued a trading halt with effect from on Friday, 13 May 2022.