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Tuesday, May 13, 2025
TAGGary Platt

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US-backed gaming operators will not be targeted amid China-US tensions: Macau gov’t 

Macau Chief Executive says US gaming firms won't face retaliation amid China-US tensions; foreign investments remain protected.

SBObet surrenders Isle of Man online gambling license

Celton Manx, the license holding entity for SBObet and various of its online presences, has surrendered its Isle of Man online gambling license.

Macau Airport expansion project commences construction

The expansion project at Macau International Airport (MIA) has been kicked off. The undertaking aims to increase the airport's capacity and operational capabilities, targeting 15 million annual passengers.

Macau’s post-Golden Week slowdown shows 44% drop to $71.8M daily revenue

Despite a robust Golden Week, Macau saw a sharp 44% fall in daily gaming revenue after the holiday, exceeding typical dips.

Marina Bay Sands completes $1.75B hotel renovation with 775 suites

Singapore’s Marina Bay Sands has completed its hotel room renovations as part of a multi-year transformation project worth $1.75 billion.

Sportradar tops expectations with 1Q25 results, with profit over $26.5M

Global sports technology company Sportradar achieved the top-end range of expectations for its 1Q25 results, with profit totaling $26.65 million.

Ainsworth expecting flat results in 1H25, despite improvements in Australia

Australian gaming machine manufacturer Ainsworth Game Technology is expecting to see relatively flat profit before tax for the first half of 2025, amounting to approximately $8.9 million.

Philippines’ money laundering watchdog to investigate junkets over ransom paid for kidnapping of slain businessman

The Philippines Anti-Money Laundering Council (ALMC) has announced that it is investigating alleged money laundering linked to the ransom paid for the kidnapping of slain businessman Anson Que.

HKJC aims to become ‘global sports entertainment brand’

The Hong Kong Jockey Club (HKJC) says that it plans to become a ‘global sports entertainment brand’, showcasing the city as a ‘center for global exchange, connectivity and tourism’.

Sega Sammy reports record-high results in gaming and hospitality biz for fiscal year

Japanese gaming giant Sega Sammy Holdings Inc. has reported record performance in its gaming and hospitality business for the fiscal year ended March 31st, 2025, driven by strong results from its Paradise City casino resort venture in South Korea.

UPCOMING INDUSTRY EVENTS

UPCOMING INDUSTRY EVENTS