Japanese gaming giant Sega Sammy Holdings Inc. has reported record performance in its gaming and hospitality business for the fiscal year ended March 31st, 2025, driven by strong results from its Paradise City casino resort venture in South Korea.

South Korea

Paradise Co reports strong 1Q25 earnings despite decline in casino drop

Viviana Chan - May 12, 2025

South Korea's Paradise Co. posted strong 1Q25 results, with revenue up 7% yearly to $199 million and operating profit rising 18.3% to $40 million.

Macau

US-backed Macau operators can breathe easier after temporary tariff reductions between US and China, but questions remain

Kelsey Wilhelm - May 12, 2025

A temporary reduction on US-China tariffs has been announced, possibly lowering the chance Macau gaming operators could be used as a pressure point, but questions remain.

Macau

Macau Monetary Authority, gaming watchdog unconcerned over possible satellite casino closures

Kelsey Wilhelm - May 12, 2025

Macau's monetary authority and gaming watchdog show little worry about the potential impact of the possible closure of satellite casinos by the end of the year.

Macau

Melco strengthens position in Macau with 15.8% market share in 1Q25: Seaport

Viviana Chan - May 11, 2025

Melco Resorts & Entertainment has reported stronger-than-expected 1Q25 results, demonstrating significant market share gains in Macau while simultaneously reducing operational expenses.

Taiwan

Resurgence in Asian Poker? APT indicates “huge demand” for tournaments

Kelsey Wilhelm - May 11, 2025

Poker has undergone various starts and stops within Asia but it now appears to be on a continuing upward trend, with the Asian Poker Tour (APT) highlighting a breakout event in Taipei recently where it has “truly found a home”.

Philippines

Former PAGCOR Chairman Genuino and four co-accused sentenced to over 100 years jail time

Kelsey Wilhelm - May 11, 2025

The former Chairman of the Philippine Amusement and Gaming Corporation (PAGCOR), and four other top officials have been sentenced to over 100 years in prison over graft and alleged misuse of agency funds.

Macau

US-China tariff spat raised by HK&Macau Affairs Office head during visit

Kelsey Wilhelm - May 11, 2025

The head of the Hong Kong and Macau Affairs Office has discussed the impact of the US-China trade dispute with Macau officials, attempting to assuage concerns but pushing for diversification away from gaming.

Macau