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LATEST NEWS

LATEST NEWS

Light & Wonder holds FY26 AEBITDA growth outlook ahead of 2Q26 results

Light & Wonder reaffirmed mid-to-high single-digit AEBITDA growth for 2026, after a $134 million 2Q26 buyback that is now paused.

Curacao issues wind-down rules for gaming license holders

Curacao sets wind-down rules for license holders, requiring orderly closures, player protection and settlement of all outstanding liabilities.

Timor-Leste crackdown snares 90 more in Dili and Liquiçá raids

Timor-Leste detained 90 foreign nationals in Dili and Liquiçá as its crackdown on suspected online scam and illegal gambling networks widens.

Macau GGR to recover from August as World Cup drag fades: Jefferies

Macau's 2Q26 GGR came in flat at $8.2 billion as the World Cup diverted spending, but Jefferies expects a recovery from August.

Chinese tourism recovery lifts Korea’s foreigner-only casinos: brokerage 

Korea’s foreigner-only casino sector is regaining momentum as Chinese arrivals rebound and visa-free group tours support inbound demand.

Macau July GGR to drop 5%, recovery expected after World Cup: Citigroup

Macau’s July GGR is forecast to fall 5 percent to $2.60 billion, though Citigroup expects recovery as the World Cup winds down.

Velvix secures strategic EGM deployment with LaVie Resort in Manila

Velvix Corporation, a developer of both EGM cabinets and software for the APAC and North American markets, has shared the signing of a strategic cooperation agreement with LaVie Resort and Casino Manila, marking an important step in the company’s continued expansion into the Philippines gaming market. 

CLSA trims Macau 2026 GGR growth to 2.3% after weak June, softer July outlook

CLSA trims its 2026 Macau GGR forecast to $31.3B, or 2.3 percent growth, after a weak June and an expected 12 percent July decline.

Hong Kong police arrest 65 in crackdown on illegal gambling dens and nightclubs

Hong Kong police have arrested 65 people following a large-scale operation targeting a criminal syndicate suspected of operating illegal gambling dens and unlicensed nightclubs, while also uncovering an alleged money laundering operation involving more than HK$13 million ($1.7 million).

Exam season, fuel prices and World Cup slow Macau visitor growth in May-June: Govt

Macau visitor growth slowed in May and June as exam season, fuel price volatility and the World Cup weighed on travel demand.