27.3 C
Macao
Tuesday, May 20, 2025
TAGConvergence

LATEST ARTICLES

LATEST NEWS

PAGCOR calls for stronger partnerships to address gambling addiction

PAGCOR urged for enhanced collaboration among stakeholders in the gaming industry to combat the risks associated with problem gambling and addiction.

Melco on track to accelerate de-leveraging amid stronger EBITDA: CBRE

Strong EBITDA growth and strategic capital actions put Melco on track to speed up debt reduction in 2025, CBRE reports.

Macau GGR reaches $1.58B in 18 days of May: Citigroup 

Macau’s GGR reached $1.58B in 18 days, with May on pace to be 2025’s top month, aided by a robust Golden Week and concert-driven tourism.

PH Senator pushes for permanent POGO ban in final senate weeks

Senator Gatchalian pushes for a permanent POGO ban before Congress ends, citing crime links and the need to codify the executive order into law.

PAGCOR warns of fake gaming certifications allegedly linked to Lucky 7 Bingo Corp.

The Philippine Amusement and Gaming Corporation (PAGCOR) has warned of fake gaming certifications allegedly linked to a company that legitimately operates as a licensed e-Games venue.

Newport World Resorts sees GGR rise to $141M in 1Q25

Newport World Resorts, operated by the Travellers group, saw a strong start to 2025, with gross gaming revenues increasing by 6 percent yearly to PHP7.9 billion ($141.6 million).

PH Resorts clarifies license revocation in Clark distinct from Cebu project

PH Resorts, behind the stalled Emerald Bay project in Cebu (now up for sale), says that the revocation of a provisional license in Clark by the gaming regulator is not linked to its Cebu project.

DOJ pursues Interpol arrest for Harry Roque and Cassandra Ong amid human trafficking charges

The Philippines Department of Justice (DOJ) has announced potential actions against former presidential spokesperson Harry Roque and Cassandra Ong following the issuance of arrest warrants by a Pampanga court.

Macau GDP falls 1.3% in 1Q25 amid shifting tourism landscape

Macau's 1Q25 GDP fell 1.3% YoY as tourism shifts impacted spending despite rising arrivals.

Thailand government meets Wynn Resorts representatives in entertainment complex talks

Wynn Resorts meets Thai officials to explore integrated entertainment investments amid Thailand’s push for legal resort-based gaming.

UPCOMING INDUSTRY EVENTS

UPCOMING INDUSTRY EVENTS