Monday, January 13, 2025
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Macau premium mass players continue to grow in January: Citigroup

Macau's premium mass gaming segment showed continued growth in January 2025, however the upcoming Chinese New Year period could cause a slowdown in the month.

Clark aims to attract more Taiwanese partners for freeport zone

Clark authorities are aiming to attract more foreign investors from Taiwan, in a bid to draw in more freeport operators and encourage internal collaboration.

Macau-based investor now holds over 5.5% voting rights in The Star

Australia’s The Star Entertainment Group has announced that a Macau-based investor has increased their stake in the company so that they now hold 5.52 percent of voting rights.

Push to increase inspections, investigate banks over POGOs

Philippine Senator Sherwin Gatchalian has promised to further investigations into banks and financial institutions’ involvement in the movement of illegal activities by Philippine Offshore Gaming Operators (POGOs).

Queensland pubs and clubs GGR rise 9% Y-o-Y in December

Queensland’s gaming industry has reported encouraging results for December, with state-wide club and pub Electronic Gaming Machine (EGM) total gross revenue rising by 9.0 percent compared to December of the previous year and saw a 2.2 percent uptick from the prior month. 

Thai Council of State planning to oppose IR bill

Thailand's Council of State plans to oppose the upcoming Entertainment Complex Bill, arguing that it violates government policy and fails to adequately address illegal gambling issues.

The Star Entertainment could face voluntary administration: Media

Star Entertainment may face voluntary administration within months, as lenders doubt the company's ability to secure a lifeline investor, according to the Australian Financial Review.

Macau sees positive impact from new visa policy, says MGTO

Helena de Senna Fernandes, Head of the Macao Government Tourism Office (MGTO), confirmed that the newly implemented visa policy for residents of neighboring cities has already had a positive impact on Macau’s visitor numbers.

Indian Supreme Court halts GST notices to online gaming companies

The Supreme Court of India temporarily halted, on Friday, Goods and Services Tax (GST) show-cause notices amounting to Rs $13.5 billion issued to online gaming companies.

China’s Vice-Commerce Minister meets with LVS CEO, welcomes foreign investment

China's Vice-Commerce Minister Wang Shouwen extended an invitation to foreign businesses to partake in the country's economic growth, after a meeting with Robert Goldstein, chairman and CEO of Las Vegas Sands Corp.

UPCOMING INDUSTRY EVENTS

UPCOMING INDUSTRY EVENTS