TagGross gambling revenue
South Shore Holdings Limited – the former operator of proposed Macau ultra-luxury hotel-casino The 13 – will have its listing on the Hong Kong Stock Exchange officially cancelled on February 9th at 9:00 am.
The American Gaming Association (AGA) is estimating that a record 50.4 million American adults are going to be betting on the next Super Bowl, a 61 percent increase from the previous record set in 2022, with expectations for $16 billion in wagers – more than double that of 2022.
Australian casino operator The Star has been served with yet another class action lawsuit, the second just this week, over alleged ‘misleading representations’ and a lack of disclosure ‘about its systems and processes for compliance with anti-money laundering and counter-terrorism financing obligations’.
The deputy chairman of Ponte 16 operator Success Universe is forecasting that mass market revenues will fully recover to pre-pandemic levels, while overall GGR should reach some 60 percent of former results.
An employee of Macau’s gaming watchdog has been arrested by police for operating an online advertising platform for sex workers. Police believe that the platform was operating in Macau for more than decade and made profits of about $1.5 million.
Scholars at the University of Macau (UM) are projecting that Macau's economy could grow by as much as 44 percent in 2023, with GDP to top $31.3 billion, some 67 percent of the level registered in 2019 before the pandemic.
SkyCity Entertainment Group has announced that the independent review into its suitability to operate its SkyCity Adelaide property has been put on hold, pending the resolution of the civil proceedings filed against it by the Australia’s financial crimes watchdog AUSTRAC.
Macau received its first batch of Chinese tour groups on Monday, for the first time in three years as the city continues its push to return to 40 million annual visitors.
Malaysian authorities have arrested a man on charges of being part of a criminal group recording card dealing at the Marina Bay Sands casino in Singapore.
Police in Thailand are going after the operators of online gaming site Macau888, issuing arrest warrants and searching the apartment of the alleged ringleader, Benz Daemon.
Universal Entertainment, the operator of Okada Manila, has announced that its subsidiaries, including Tiger Resort, Leisure and Entertainment (TRLEI) have been leveled with a lawsuit in the US state of Delaware over an agreement with special purpose acquistiition company (SPAC) 26 Capital in order to list on the NASDAQ Capital Market.