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LATEST NEWS

LATEST NEWS

Macau

Sands China volume gains fail to prevent margin compression: Morgan Stanley

Viviana Chan -
Morgan Stanley says Sands China’s strong gaming volumes failed to offset higher reinvestment, rising costs and weaker EBITDA margins.
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Macau

STDM-controlled Estoril Sol posts $28.8M attributable loss in 2025

Viviana Chan -
Estoril Sol’s attributable loss widened to $28.8 million in 2025 despite growth from the STDM-controlled group’s online business.
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Singapore

LVS sees MBS growth in “early innings” ahead of 2031 expansion

Viviana Chan -
LVS says Marina Bay Sands is still in the “early innings” of growth as Asian wealth rises and its 2031 expansion advances.
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Macau

Sands China keeps $700M Macau EBITDA target as VIP share rises

Viviana Chan -
Sands China keeps its $700 million quarterly Macau EBITDA goal, citing a market-leading 26 percent share of rolling-chip volume.
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New Zealand

SkyCity Auckland hotel could fetch up to $146 million: investment firm

Frank Schuengel -
Forsyth Barr estimates SkyCity could raise up to $146 million from The Grand Hotel sale, helping it exceed its asset-sale target.
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Elsewhere

Google to expand programmatic gambling advertising to 37 markets, tighten Google Ads certification

Frank Schuengel -
Google will expand programmatic gambling advertising to 37 markets in August before tightening advertiser certification in September.
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United States

Resorts World New York opens expanded floor with 1,400 new slots

Viviana Chan -
Genting’s Resorts World New York City has opened a new gaming floor with 1,400 additional slots, raising its inventory to 3,900.
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South Korea

South Korean casino association calls for rethink of proposed levy hike

Viviana Chan -
South Korea’s casino association is urging the government to rethink plans to raise the tourism levy ceiling from 10% to 15%.
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Singapore

RWS opens 557-room Four Points by Sheraton hotel in Jurong

Viviana Chan -
RWS has reopened the former Genting Hotel Jurong as a 557-room Four Points by Sheraton property following a major refurbishment.
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Cambodia

Cambodia prepares nationwide casino compliance evaluations

Viviana Chan -
Cambodia’s gaming regulator is preparing nationwide casino evaluations as it strengthens licensing and compliance oversight.
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