Tuesday, May 7, 2024
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May could be Macau’s strongest month year-to-date: Jefferies 

Jefferies notes that the latest update for Macau gaming industry is ‘positive’ as expectations for May holiday had been low given bad weather, but gross gaming revenue (GGR) indications are ‘strong’ and ‘only slightly below October's Golden Week holiday’.

Premium Leisure moves closer to delisting, public float reduced to 0.45%

Premium Leisure Corp. (PLC), an investor in City of Dreams Manila, is one step closer to delisting from the Philippine Stock Exchange (PSE).

Philippines received nearly 2M international visitors in 4 months, up 17%

The Philippines’ tourism market continues its positive momentum. In the first four months of the year, the country received nearly 2 million international visitors, marking a 17 percent increase compared to the same period last year.

Philippines’ anti-crime body files new charges against Pasay POGO executives

Prosecutors have received testimony from 10 Chinese nationals implicating seven of their compatriots in illicit activities at a Pasay City-based POGO (Philippine Offshore Gaming Operator) firm raided last year.

Philippine Senator pushes for probe into illegal workers in gated communities

Philippine Senator Sherwin Gatchalian has urged for an investigation by the Senate into the growing presence of foreign nationals within exclusive gated communities.

Century Entertainment enters into agreement to operate 7 VIP tables at Dara Sakor

HK listed Century Entertainment has announced the signing of a new deal that sees the company operate a VIP gaming room at a casino in Dara Sakor, Cambodia.

Seaport: Macau May GGR could reach up to $2.58B – a post-pandemic high

A top analyst is forecasting that Macau’s gross gaming revenue in May could hit its highest monthly tally so far this year, and the highest since the onset of the pandemic, at $2.5 billion, even potentially going as high as $2.58 billion.

Wynn releases new images of Al Marjan IR, plans to open in ‘early 2027’

Wynn Resorts has released new mock-ups of its integrated resort under construction in the United Arab Emirates.

Galaxy and Sands China likely most benefited from holiday: Citigroup 

According to a recent Labor Day edition of the Premium Mass table survey from Citigroup, Macau gaming operators Galaxy Entertainment and Sands China, with the largest hotel room inventory, 'seem to benefit the most from the holiday crowd.’
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Integrating CRM, AML, KYC, RG, through Cashless

A top panel of experts breaks down the importance of being cashless for both the online and land-based gaming sectors.