Asia

Macau’s High Roller Spending Trends in 2024: A Closer Look at the Data

Macau, often referred to as the gaming capital of the world, has been experiencing notable shifts in the spending behaviors of its biggest high...

A Vision for Bangkok: The Multi-Billion Dollar Development Proposal by SKYH Entertainment Group

An ambitious proposal has emerged from SKYH Entertainment Group, a burgeoning player in the real estate and entertainment sector with operations spanning Asia and...

MGM Resorts Seeks Casino License in Abu Dhabi: A Strategic Move Towards Gaming Expansion

MGM Resorts, one of the largest and most recognized names in the hospitality and gaming industry, is making a significant move in the Middle...

NSoft Enters South African Market with Strategic Partnership: Analyzing Opportunities and Impacts

NSoft, a prominent player in the gaming technology industry, has made significant strides in expanding its global footprint. Recently, the company announced its entry...

Philippines Apprehends Two South Korean Fugitives Amid Growing Crackdown on Illegal Gambling and POGO Operations

In a recent coordinated effort by the Philippines’ Bureau of Immigration (BI) and South Korean law enforcement, two South Korean nationals with outstanding Interpol...

Thailand’s Pheu Thai Party Defends Casino-Economic Complexes as Growth Engine, Projects Significant Revenue Boost

The Pheu Thai Party has put forth a compelling argument in defense of its plan to legalise casino-entertainment complexes in Thailand, emphasizing the potential...

Macau Visitor Arrivals Surge in August 2024: 3.65 Million Visitors Mark a Significant Recovery

Macau has experienced a notable resurgence in tourism, with 3,651,731 visitor arrivals in August 2024, representing a 13.3% increase year-on-year. This marks the first...

Exploring the Future of Currency: The Emergence of the Digital Macau Dollar

As the world moves toward digitalization, Macau is preparing to join the ranks of nations exploring central bank digital currencies (CBDCs). The Monetary Authority...

Wynn Macau Ltd Extends $1.5 Billion Loan Maturity to September 2028

Wynn Macau Ltd recently announced a significant financial maneuver, extending the maturity date of a $1.5 billion loan facility from September 2025 to September...

China’s Lottery Sales Surge to RMB 363.1 Billion in Early 2024: A 12.5% Increase Driven by Euro 2024

In the first seven months of 2024, China's lottery sector has experienced remarkable growth, with total sales reaching RMB 363.1 billion. This marks a...

Melco Resorts Focuses on Debt Reduction and Local Developments Amidst Overseas Investment Pause

In a recent interview, Lawrence Ho, the Chairman and CEO of Melco Resorts, articulated the company's strategic decision to pause overseas investments in new...

Traffic Concerns and Business Impact: The Debate Over Macau’s Pedestrian Zone at Rua de Ferrocarriles

On Friday, a member of Macau’s Legislative Assembly, Ron Lam U Tou, held a press conference to address the ongoing trial of the pedestrian...

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