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Wednesday, March 11, 2026

Dave Greenfield

Dave Greenfield
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Macau gaming tax revenue climbs 7.63% to $11.9B in 2025

Macau gaming tax rose 7.63% in 2025 to $11.9 billion, accounting for 82.7 percent of government revenue.

Wynn Macau reportedly seeks $605K from Chinese film producer in Hong Kong court claim

Hong Kong High Court claim reportedly filed by Wynn Macau seeks recovery of $605K from Chinese film producer.

Morningstar reduces SJM forecasts, citing slower path to profitability

Morningstar cuts SJM estimates after weaker quarterly results, saying rebuilding market share and redeploying gaming assets will take time.

Ainsworth heir seeks to acquire 5.5% of AGT through proportional takeover bid

Ainsworth heir Kjerulf Ainsworth proposes proportional takeover bid to acquire 5.5% of AGT shares at a roughly 23% premium to market levels.

AUSTRAC chief calls for stronger leadership on AML as reforms loom

Australia's AML/CTF regulator is warning that compliance weaknesses continue to be exploited, as the country prepares to update obligations starting end-March.

TransAct casino and gaming sales reach $26.87M in FY25

TransAct sees casino and gaming sales hit $26.87 million in FY25 but still registers $1.2 million loss.

AGEM Index down by 10.7% monthly in February

The Association of Gaming Equipment Manufacturers (AGEM) Index fell by 10.7 percent in February compared with the prior month, dropping 8.9 percent year-on-year.

Bloomberry’s Enrique Razon Jr leads Philippine tycoons on Forbes billionaire list

Razon leads Philippine billionaires on the Forbes list with a $16.5 billion fortune, while DigiPlus chair Eusebio Tanco and Andrew Tan also make the rich list.

Kangwon Land to commence $135M property revamp in April

Kangwon Land commences $135.7 million renovation, scheduled for completion before opening its second casino in 2028.

When a wager is not a wager: inside the prediction market revolution

Prediction markets have regulators in a bind over what should be considered gambling and what is a financial derivative.

SJM faces ‘perfect storm’ as satellite closures and costs hit results: CLSA

CLSA says SJM faces a 'perfect storm' as satellite casino closures, rising costs and market share losses drive a 32 percent drop in 4Q EBITDA and a return to losses.

Cambodia Cabinet to review draft anti-scam law this week: report

Cambodia’s Cabinet will review a draft anti-telecom fraud law this week that could hold landlords and recruiters legally liable for supporting scam operations.

Japan sets May–November 2027 window for next round of IR applications

Japan announces May–November 2027 submission window for IR development plans, offering regions another chance to secure one of two remaining casino licenses.

The friction trap: expert panel warns against “headline-driven” policy shifts

Australian industry experts are calling for a shift away from reactive policymaking towards a stance that protects players, reduces friction and doesn't stifle industry innovation.

Hyatt Regency Incheon Paradise City officially opens, bringing Paradise City to 1,270 keys

The Hyatt Regency Incheon Paradise City officially opened this week, following a revamp and rebranding of the 501-room hotel.

Paradise Entertainment FY25 profit falls to $17.8M on Kam Pek casino closure, lower LMG terminal sales

Gaming equipment company Paradise Entertainment is expecting a significant drop in its profit for FY25, following the closure of its satellite casino operation under SJM last year.

Melco taps Chinese actor Jing Boran as City of Dreams Global Brand Ambassador

Macau’s City of Dreams has unveiled Chinese actor and singer Jing Boran as its new Global Brand Ambassador.

Concerts help drive Macau’s March GGR toward 14% YoY growth: Citigroup

Citigroup says concerts at major resorts helped boost Macau’s early March gaming revenue, keeping GGR on track for about 14 percent year-on-year growth.

The Star Brisbane appoints Dave Whimpey as COO and interim CEO

The Star Entertainment Group appoints Dave Whimpey COO and interim CEO of The Star Brisbane, amid leadership changes.

UBS cuts 2026 EBITDA forecasts for Macau casinos amid higher operating costs

UBS cuts Macau gaming sector EBITDA estimates for 2026 while maintaining expectations for 5 percent GGR growth, led by stronger first-half momentum.

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