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Asia Gaming eBrief: PAGCOR probity checks gain weight after FATF exit

AGBrief Editorial -
The background check never really ends. In the Philippines, probity reviews can be triggered by new applications, ownership changes or adverse reports — and they're gaining teeth as the country guards its FATF reforms ahead of a 2027 evaluation. In Macau, the toughest quarter since reopening is in the books, per Citigroup, with 2Q26 EBITDA forecast to drop 7 percent to $1.92 billion on World Cup distraction and unfavorable hold. And the tournament, alongside exam season and fuel prices, slowed visitor growth in May and June.

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Macau

Macau GGR to recover from August as World Cup drag fades: Jefferies

Viviana Chan -
Macau's 2Q26 GGR came in flat at $8.2 billion as the World Cup diverted spending, but Jefferies expects a recovery from August.
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South Korea

Chinese tourism recovery lifts Korea’s foreigner-only casinos: brokerage 

Viviana Chan -
Korea’s foreigner-only casino sector is regaining momentum as Chinese arrivals rebound and visa-free group tours support inbound demand.
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Macau

Macau July GGR to drop 5%, recovery expected after World Cup: Citigroup

Viviana Chan -
Macau’s July GGR is forecast to fall 5 percent to $2.60 billion, though Citigroup expects recovery as the World Cup winds down.
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Philippines

Velvix secures strategic EGM deployment with LaVie Resort in Manila

AGBrief Editorial -
Velvix Corporation, a developer of both EGM cabinets and software for the APAC and North American markets, has shared the signing of a strategic cooperation agreement with LaVie Resort and Casino Manila, marking an important step in the company’s continued expansion into the Philippines gaming market. 
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Macau

CLSA trims Macau 2026 GGR growth to 2.3% after weak June, softer July outlook

Viviana Chan -
CLSA trims its 2026 Macau GGR forecast to $31.3B, or 2.3 percent growth, after a weak June and an expected 12 percent July decline.
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Hong Kong

Hong Kong police arrest 65 in crackdown on illegal gambling dens and nightclubs

Frank Schuengel -
Hong Kong police have arrested 65 people following a large-scale operation targeting a criminal syndicate suspected of operating illegal gambling dens and unlicensed nightclubs, while also uncovering an alleged money laundering operation involving more than HK$13 million ($1.7 million).
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Macau

Exam season, fuel prices and World Cup slow Macau visitor growth in May-June: Govt

Viviana Chan -
Macau visitor growth slowed in May and June as exam season, fuel price volatility and the World Cup weighed on travel demand.
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Macau

Macau arrests two more mainland men over proxy betting

Viviana Chan -
Two more mainland men were arrested in Macau for livestreaming baccarat and placing proxy bets for gamblers based in mainland China.
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Macau

Macau gaming taxes rise 13% YoY 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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