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Thursday, November 20, 2025

Dominick Stenson

Dominick Stenson
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Kangwon Land reports full achievement of 2024 Value-up goals

Kangwon Land posts record 2024 results as all Value-up goals are achieved, boosting payouts and pushing ahead with expansion projects.

Macau GGR to grow 16% in 4Q25, double-digit pace to extend into 2026: Morgan Stanley

Morgan Stanley forecasts Macau GGR to rise 16% in 4Q25 with double-digit growth into 2026, while the CE warns of lingering uncertainties.

Macau gov’t predicts lower gaming tax volume for 2026

Macau authorities estimate 2026 will end with a total of $11.6 billion in taxes collected from public concessions, the majority of which is represented by gaming taxes.

Melco Resorts to shut down Mocha Grand Dragon

Melco Resorts will shut down another slot machine parlor - Mocha Grand Dragon - at 23:59 on November 24th.

DigiPlus to acquire majority stake in parent firm of New Coast Hotel Manila

DigiPlus Interactive to acquire a majority stake in International Entertainment Corporation (IEC), the Hong Kong-listed parent of New Coast Hotel Manila.

“Strict legal compliance” and “improved digitalized management” of gaming sector: Macau Chief Executive

Macau's Chief Executive Sam Hou Fai delivered an optimistic assessment of the city's economic outlook while unveiling a focused set of policies for 2025, aimed at accelerating the pivot toward economic diversification and aggressive global tourism promotion.

Ex-NUSTAR chief Frederick Go steps up as Philippines’ Finance Chief amid Cabinet shakeup

Philippines names ex-NUSTAR chief Frederick Go as Finance Secretary amid a major cabinet reshuffle triggered by the widening flood control scandal.

Sri Lanka to activate Gambling Regulatory Authority Act on December 1st

Sri Lanka sets December 1st for the Gambling Regulatory Authority Act to take effect, marking a major overhaul of the country’s gaming regulation.

PH Resorts swings to $1.89M net loss in 3Q25 as revenues nearly halve

Emerald Bay developer PH Resorts recorded a significant loss in 3Q25, amongst a strong drop in revenue.

AUSTRAC updates online reporting platform

Australia's financial watchdog updates its online reporting platform AUSTRAC Online, to improve ease of reporting.

China warns citizens not to travel to Japan, due to PM’s Taiwan comments

China has advised its citizens to avoid traveling to Japan, claiming a worsened environment for personal exchanges and a ‘significant risk to the personal safety and lives of Chinese citizens’.

Anti-scam push brings US and China onto common ground: analysts 

US and China find rare alignment as both push Southeast Asia to curb expanding online scam networks driven by trafficking and transnational crime.

Far East Consortium reveals $35.3M loan structure supporting Star Group deal

Hong Kong’s Far East Consortium (FEC) has released further details on its series of transactions with Australia’s The Star Group, outlining funding arrangements, asset transfers and loan structures linked to their Queensland casino and property joint ventures.

India’s real-money gaming industry loses over $840M amid regulatory limbo: report

Regulatory limbo and steep GST charges have pushed India’s RMG industry into a $1.2B crisis, with 7,000 jobs lost and major firms writing down assets.

Thai economy shrinks 0.6% in 3Q25, 2025 growth outlook held at 2%

Thailand’s economy contracted 0.6 percent quarterly in the 3Q25, with annual growth slowing to 1.2 percent from 2.8 percent in 2Q25.

Macau Grand Prix draws 116K spectators: official

The Macau Grand Prix saw some 116,000 spectators this year, helping to boost Macau’s tourism, hotel occupancy, and overall expenditure.

Okura placing new shares to purchase new pachinko/pachislot machines and update halls

Japanese pachinko operator Okura Holdings has announced that it is updating the share price on the 120 million new shares it is placing and has extended the placing agreement to December 1st.

Macau Legend seeks shareholder approval to shift domicile to Bermuda, overhaul capital structure

Macau Legend Development has called an extraordinary general meeting (EGM) for December 2nd to seek shareholder approval for a sweeping corporate overhaul

Light & Wonder now solely listed on the Australian Securities Exchange

Light & Wonder's sole listing on the ASX projected to drive further increases.

Universal Entertainment revises down FY25 results on tough IR environment in PH and delayed title releases

Universal Entertainment has announced that it is revising down its business results forecast for this year, amongst challenges in the Philippine IR market and a delayed release of new titles.

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