Asia

Macau’s Employment Landscape: Foreign vs. Local Workforce in Gaming Sector

As of June 30, 2024, Macau's employment statistics reveal a dynamic landscape in the gaming sector, characterized by a significant proportion of local employees...

Genting Malaysia’s $525 Million Bond Offering and New Credit Facilities: What It Means for the Company

Genting Malaysia Berhad is undertaking a major financial maneuver with its announcement of a $525 million bond offering. This issuance involves 7.250% Senior Unsecured...

Star Entertainment Group’s Financial Crisis: FY24 Results Delayed Amid Ongoing Stakeholder Talks

Star Entertainment Group Limited, a prominent player in Australia’s gaming and hospitality industry, is currently navigating a severe financial crisis. The company’s announcement about...

Bloomberry Resorts Corp. Sets Sights on Expanding Solaire Brand with New Resort in Cavite

Bloomberry Resorts Corporation, operator of the famed Solaire Resorts, has announced plans to expand its footprint with a third integrated resort, this time in...

Alliance Global Group’s $700 Million Expansion: Boracay and Cebu Set to Host New Integrated Resorts

Alliance Global Group, Inc. (AGI), led by President and CEO Kevin Tan, is embarking on a new chapter in its corporate evolution. Through its...

Record-Breaking Support: Sam Hou Fai’s Dominant Candidacy for Macau Chief Executive

In an unprecedented turn of events, Sam Hou Fai, the former President of the Court of Final Appeal, has emerged as the overwhelming frontrunner...

Light & Wonder’s 2024 Showcase: A Glimpse into Gaming’s Future at Hilton Manila

This week, Hilton Manila’s Meeting Room 1B, conveniently located just outside The Ballroom where the IAG Academy Summit is being held, has become a...

43 Lifetime Bans, 128 Suspects, and 120 Matches Under Scrutiny: Chinese Football Plagued by Match-Fixing Scandal

Chinese football has been thrust into the spotlight for all the wrong reasons, as a sweeping investigation into match-fixing and corruption has resulted in...

Las Vegas Sands to Invest HK$800 Million in Sands China, Increasing Stake to Nearly 72%

In a strategic move to consolidate its controlling interest in its Macau subsidiary Sands China, Las Vegas Sands (LVS) has announced plans to invest...

PAGCOR to Reduce GGR Rates and License Fees to Boost Gaming Industry, Targets PHP 335bn GGR by 2025

The Philippine Amusement and Gaming Corporation (PAGCOR) is set to reduce gross gaming revenue (GGR) rates and license fees for both online and on-site...

Casino Filipino to Introduce 2,000 New Slot Machines as Part of Modernization Effort, Says PAGCOR Chairman Tengco

In a strategic move aimed at boosting the value of its gaming assets, Casino Filipino venues are set to receive a significant upgrade with...

Singapore Introduces Cashless Gaming at Casinos: Amendments to the Casino Control Act Explained

Singapore has recently introduced significant amendments to the Casino Control Act, allowing for cashless gaming at the country's two renowned integrated resorts: Resorts World...

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