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Fitch Ratings increases Genting Berhad’s outlook for 2024 and 2025
Fitch Ratings has raised revenue forecasts for Genting Berhad, anticipating a return to 2019 levels by 2024 and 2025.
Crown Resorts considers sale of Capital Golf Club amid financial challenges: report
Crown Resorts is contemplating the sale of the prestigious Capital Golf Club as part of efforts to stabilize its finances, which have been impacted by a decline in high-roller attendance at Australian casinos.
Business owners call for changes over Wynn Macau’s old district revitalization plan
Business owners surrounding Rua da Felicidade are calling for changes to Wynn Macau’s old district revitalization plan, which supports the city government’s initiative to pedestrianize the area.
GM of Philippine Charity Sweepstakes Office elected to Executive Committee of Asia Pacific Lottery Association
The General Manager of the Philippine Charity Sweepstakes Office (PCSO) has been elected as a member of the Executive Committee of the Asia Pacific Lottery Association (APLA).
Philippines to hold job fair for displaced POGO workers in October
The Department of Labor and Employment (DOLE) in the Philippines has announced a job fair scheduled for next month aimed at assisting workers displaced by the closure of internet gaming licensees (IGLs).
Thai Boxing star busted for gambling promotion on Facebook
Authorities in Thailand have arrested a well-known Thai boxer simply known as “Sutthiwat” for promoting gambling websites.
Cambodia and Laos strengthen cooperation for border security and stability
Cambodia and Laos are intensifying their efforts to enhance cooperation between border authorities, aiming to bolster security, public order, and social stability for both countries.
Macau operators intensify efforts to capture market share, Galaxy leading the charge
Macau gaming operators are intensifying their efforts to capture a larger market share by implementing various strategies to boost performance.
Macau hotels maintain stability for October Golden Week despite China’s consumer weakness
Macau's hotel sector is displaying notable stability for the October 2024 Golden Week, according to Morgan Stanley.
PH Senate to investigate banks’ missed POGO suspicious transactions
Philippine Senator Sherwin Gatchalian has proposed Senate Resolution 1193 to investigate the failure of local banks to detect POGO-related suspicious transactions.
The Star lenders commit to bailout deal that could reach as much as $236.4 mln
The Star Entertainment Group is poised to receive a financial lifeline from its lenders through a strategic five-point plan aimed at stabilizing the gaming group.