16.9 C
Macao
Wednesday, January 14, 2026

Desmond Lam

Desmond Lam
2 POSTS0 COMMENTS

LATEST ARTICLES FROM AUTHOR

LATEST NEWS

Hoiana Resort & Golf second phase expansion to add 1,000 new five-star hotel rooms: Report

Hoiana Resort & Golf is adding 1,000 new five-star hotel rooms, a convention center and a second golf course as part of a $1 billion second phase.

Macau casinos receive $19.2M levy relief from foreign visitor play in 2024

Six Macau gaming concessionaires secured $19.2 million in levy relief in 2024 as part of measures to encourage foreign visitor play.

SJM moves to lower near-term maturities with $170.1M note tender

SJM trims near-term debt maturities after completing a $170.1 million tender for its outstanding 4.5% senior notes due 2026.

Wynn Macau to raise staff pay by up to 4.5%

Wynn Macau indicated it will raise salaries for most of its workforce by between 2 and 4.5 percent from March 1st, the third Macau operator to do so this year.

Galaxy announces salary increase for employees, effective April 1st

Macau gaming operator Galaxy Entertainment Group has announced a salary increase for eligible team members at Senior Manager grade or below effective from April 1st.

Slight drop in Suspicious Transaction Reports from Macau gaming operators in 2025

Macau saw a slight drop in the number of Suspicious Transaction Reports (STRs) from gaming operators in 2025 when compared to the previous year, totaling 3,603.

Macau gaming market concentrates further as top operators gain share: CLSA

Macau gaming concentration intensified in 4Q25, with top operators expanding GGR share as satellite closures and structural shifts favored large resorts.

Publicly held Korean casino operator/institutions mandated to prove their worth by Minister

Korea's Trade Minister mandates public institutions, including casino operator Kangwon Land, prove their worth or risk closure.

Philippine Presidential Palace dismisses “unsubstantiated statements” on possible presidential impeachment attempt

The Philippines’ Presidential Palace has dismissed “unsubstantiated statements” calling for the impeachment of the nation’s president Ferdinand Marcos Jr.

The Star to proceed with closure of corporate office, cutting jobs and shifting responsibilities

The Star is proceeding with plans to close its corporate office in Brisbane, aiming to decentralize responsibility and reduce workforce.

Sands China announces salary increase and bonus for team members

Sands China has announced a 2026 pay rise for most employees, alongside a discretionary one-month bonus recognizing contributions in 2025.

Light & Wonder to pay $127.5M settlement to Aristocrat over Dragon Train litigation

Light & Wonder agrees to pay $127.5 million settlement to Aristocrat for IP infringement linked to Dragon Train game.

INSPIRE Entertainment Resort registers $183.4M in GGR for fiscal year ending Sept. 2025

South Korea's Inspire Entertainment Resort registered nearly $183.4 million in GGR for fiscal year ending Sept. 30th, 2025.

Macau’s Tourist Price Index rose 1.71% in 2025 as hotel rates eased

Visitor prices in Macau increased 1.71% yearly in 2025, driven by jewellery and leisure spending, despite lower accommodation costs.

Brokerage lifts Genting Malaysia rating on RWNYC-driven 2027 growth

Genting Malaysia earns Buy upgrade from CIMB as RWNYC license underpins expectations of a strong earnings rebound in FY27.

Craig Fullalove departing Macau to assume CFO role at Wynn Resorts in April

Wynn Macau's CFO and Chief Administrative Officer Craig Fullalove is being elevated to the role of CFO at Wynn Resorts, effective April 1st.

Delta Corp. discontinues operation at Goa casino amongst GST increase

Delta Corp shutters operations at The Zuri White Sands Goa casino/hotel amongst GST levy increase.

SJM issues $540M in 6.5% senior notes due 2031 to improve ‘financial flexibility’

Macau gaming operator SJM Holdings has announced the issuance of $540 million in 6.6 percent senior notes due in 2031.

Aristocrat extends share buy-back program, additional $500M in shares open to purchase by March 2027

Aristocrat Leisure Limited has announced that it will extend its on-market share buy-back program, allowing a further AU$750 million ($502.35 million) in shares to be bought back over a 12-month period ending March 5th, 2027.

AGEM Index falls 4% monthly in December, up by 17% annually

The Association of Gaming Equipment Manufacturers (AGEM) Index ended 2025 with a slight dip, falling by 4 percent monthly, despite seeing an annual increase of 17.1 percent.

TOP AUTHORS

UPCOMING INDUSTRY EVENTS

Asia Gaming News | AGB - Asia Gaming Brief
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.