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Las Vegas Sands eyes on Thailand
Las Vegas Sands CEO Rob Goldstein has once again confirmed the company's interest in Thailand, responding to inquiries from investment bank analysts regarding the company’s 1Q24 results.
Shin Hwa to raise $39.6M via rights issue
Hong Kong-listed casino developer Shin Hwa World Ltd has announced a series of capital reorganization measures, including plans to raise HK$263.7 million ($39.6 million) via a rights issue.
LET Group targets profit conversion after $31.2M loan repayment
Hong Kong-listed LET Group Holdings Ltd. aims to convert its share of losses in a joint venture into an accounting profit.
Bloomberry’s Solaire Resort North to open on May 25th
The Philippines' leading gaming operator, Bloomberry Resorts Corp., has announced plans to unveil its Solaire Resort North casino complex by May 25th.
Aristocrat finalizes all regulatory approvals for NeoGames acquisition
Aristocrat Leisure Limited has announced that it has finalized ‘all necessary regulatory pre-approvals’ for its acquisition of iLottery and iGaming solutions provider NeoGames.
The Star Gold Coast CEO tenders resignation
The Star has announced yet another departure from its corporate leadership, with Jessica Mellor – CEO of The Star Gold Coast - tendering her resignation.
Macau CAA gives green light for more flights and routes
Macau’s Civil Aviation Authority (AACM) has outlined upcoming changes to scheduled flights, signaling a positive shift for air travel in the region.
Commissioner acknowledges ‘prejudice’ in IPI case, lawyer claims company has no money
Two developments surrounding Commissioner Martin Mendiola and Attorney Michael Chen have made headlines this week.
Chinese Embassy endorses Philippines in addressing the ‘root causes’ of POGOs
The Embassy of China in the Philippines, on Thursday, has issued a statement emphasizing its support for the Philippine Government in addressing the 'root causes' of issues stemming from the offshore gambling industry.
Macau received 585K foreign visitors in 1Q24, reaching 68% of 2019 levels
Macau is still working on bringing more international visitors to improve the pace of its recovery. In the first quarter of the year, the city received 585,000 international visitors out of a total of 8.9 million visitor arrivals. This means international visitors accounted for only about 6.6 percent of the total visitors.
Reshaping The Grand Ho Tram into an IR: EBITDA is king
Since coming in four years ago, gaming veteran Walter Power has flipped the script on the Grand Ho Tram Resort, leveraging decades of experience in Macau to shape it into a true integrated resort, drawing the expat crowd from nearby Ho Chi Minh and further abroad.