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New laws and joint liability between junkets and operators reshaped Macau gaming industry – Study

Stricter regulations on deposits and increased limitations on gaming promoters' activities in the last four years reflect a shared vision between China’s and Macau’s governments to turn the city into a tourist destination increasingly reliant on mass-market revenues rather than the VIP junket-driven segment, a study by University of Macau researchers argues.

Vietnam crushes largest-ever money laundering ring linked to online gaming

Vietnam authorities have crushed the nation’s largest money laundering ring that brought in $1.2 billion from foreign countries.

Canadian authorities claim link between online gaming and fentanyl production/distribution

Canadian authorities suspect that online gaming platforms are being utilized to launder money from fentanyl production and distribution.

Macau gaming 4Q24 luck-adjusted EBITDA expected to rise by 2% QoQ: UBS

Results for Macau's luck-adjusted EBITDA for 4Q24 are expected to rise by approximately 2 percent quarter-on-quarter.

Casino management systems market to reach $10 bln in 2025 Report

The casino management systems market is experiencing significant growth, projected to expand from $8.72 billion in 2024 to $9.98 billion in 2025, reflecting a compound annual growth rate (CAGR) of 14.4 percent.

Macau airport adds 58 flights to meet CNY travel demand

The Macau International Airport (MIA) announced that it is gearing up to accommodate the surge in travel demand during the Chinese New Year (CNY) holiday.

Macau hotel occupancy rate hit 86.4% in 2024

The hotel sector in Macau recorded strong performance in 2024, with the average hotel room occupancy rate rising by 4.9 percentage points year-on-year to reach 86.4 percent.

Wynn Macau announces salary increase effective March 2025

Wynn Macau has announced a salary increase for eligible employees, effective March 1st. Wynn is the last of the six Macau gaming operators to indicate a salary increase for employees for 2025.

POGO ban a start but more needed for PH to exit FATF grey list: analyst

The move to ban Philippine Offshore Gaming Operators (POGOs) by President Ferdinand Marcos Jr. is a step in the right direction, but more will be necessary for the Philippines to get off the FATF grey list, says a Moody’s analyst.

Thai IR legislation lacking clarity: Economist

An economics expert warns that Thailand needs to clarify the foundational principals behind its proposed entertainment complex bill to avoid illegal activities associated with gambling.

UPCOMING INDUSTRY EVENTS

UPCOMING INDUSTRY EVENTS