Tuesday, December 16, 2025

Dennis Andreaci

Dennis Andreaci
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Macau historic district revitalization handed from casino operators to community organization

Macau hands six-historic-district revitalization from casino operators to community groups under a new government-coordinated, civil-led development model.

Mohegan’s refinancing eases debt overhang from INSPIRE project: CBRE

Mohegan's former South Korea project INSPIRE has refinanced its construction debt, stabilizing its finances, notes CBRE.

PAGCOR maintains target for late-2026 to 2027 Casino Filipino privatization

PAGCOR is targeting the privatization of Casino Filipino by late 2026 or early 2027 as it shifts to a purely regulatory role, pending approvals.

Hann Casino Resort opens new gaming zone The Canyon, Aristocrat debuts Tian Ci Jin

Hann Casino Resort has opened a new gaming space at its property in Clark, dubbed ‘The Canyon’, featuring over 60 new gaming tables and more than 500 slot machines on a new ground floor area of 3,590 square meters.

Macau casinos lower mass bets to capture displaced satellite players: Citigroup

Macau casinos cut mass baccarat minimum bets to attract players displaced by satellite casino closures, intensifying competition among concessionaires.

SJM shareholders approve L’Arc Hotel acquisition ahead of regulatory deadline

SJM clears shareholder vote on L’Arc Hotel acquisition, positioning the property for conversion into a self-operated casino in Macau.

Thailand’s tourism sector faces crisis with declining visitor numbers

Thailand's foreign tourism industry is grappling with a significant crisis, marked by a 9.8 percent decrease in visitor arrivals for 2025 compared to the previous year

Thai Nationals stranded at Poipet Border

As Cambodia indefinitely closes the Poipet border, thousands of Thai nationals are stuck in Cambodia, unable to return to Thailand.

Macau’s real GDP to grow 2–5% in 2026: Economics Association

Macau’s GDP is forecast to grow 2–5% in 2026 to $54.4 billion, nearing pre-pandemic levels amid cautious optimism and persistent global uncertainties.

Philippine government weighs PAGCOR allegations, calls for evidence

Philippine authorities said they will rely on evidence and due process in reviewing allegations involving PAGCOR chief Alejandro Tengco.

Galaxy Macau concert cancelled as organizer cites force majeure

Concert organizer CQ Entertainment has cancelled a planned performance by South Korean band Hi-Fi Un!corn at Galaxy Macau.

Macau GGR to grow 6% in 2026 on concerts, suites and premium demand: Citigroup

Citigroup forecasts Macau GGR to grow 6% in 2026, driven by concerts, new suites and rising premium spending despite temporary World Cup softness.

India’s Supreme Court defers Online Gaming Law challenge to January

India’s top court pushes the PROGA case to January for a three-judge Bench review, prolonging industry turmoil amid questions on legislative competence.

Macau Cotai jewellery shop probed over $24M illegal money exchanges

A Cotai casino hotel jewellery shop is under investigation for $24.3 million in illegal exchanges, with two employees arrested and cash seized.

Fitch upgrades Aristocrat’s rating over strengthened balance sheet, expanding digital business

Fitch Ratings has upgraded Aristocrat Leisure Limited’s long-term credit rating to BBB

Entain names new CFO as long-serving finance chief prepares to step down

Global sports betting group Entain announced a leadership shake-up, confirming that long-serving finance chief Rob Wood will step down in 2026 after 13 years with the company.

PAGCOR chief rejects conflict-of-interest claims over family construction firm

Philippine gaming regulator (PAGCOR) chief Alejandro Tengco on Thursday denied allegations that his family’s construction company benefited from his position or political connections, insisting he holds no sway over the awarding of public works contracts.

The Grand Ho Tram and Corona Casino oppose the plan to double entry fees for locals

Operators Grand Ho Tram and Corona Casino push back against Vietnam’s proposed $1900 entry fee hike, but authorities dismiss their calls for lower charges.

Fitch forecasts Macau’s economic growth to slow to 4% in 2026

Fitch projects Macau’s expansion to moderate to 4% in 2026 amid softer mainland spending, with tourism policies and non-gaming investment cushioning impact.

Victoria poker machines numbers stable for more than 20 years but per‑capita spending decline – Researcher

The number of poker machines in Victoria has remained close to its statutory cap for more than two decades, but per‑capita gaming expenses have eased, according to analysis by gambling regulation specialist Peter Cohen.

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