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Dominick Stenson

Dominick Stenson
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LATEST NEWS

Macau

Macau gov’t says 3,500 staff reassigned as satellite casino exit nears deadline

Viviana Chan -
Macau's satellite casino closures are proceeding smoothly, with authorities saying 3,500 workers have transitioned without complaints.
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Macau

Macau Legend relocates legal base to Bermuda, targets loss offset

Viviana Chan -
Macau Legend completes Bermuda redomiciliation and capital restructuring to create surplus for offsetting accumulated losses.
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Macau

Visitor arrivals to Macau rise 14.4% to nearly 36.5M in Jan–Nov

Viviana Chan -
Macau welcomed about 36 million visitors in the first 11 months of 2025, up 14.4% year-on-year, on strong Mainland Chinese and overseas demand.
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Philippines

PH Resorts says all raised capital spent on Emerald Bay, evaluating future options

Viviana Chan -
PH Resorts said all proceeds from prior capital raisings were used for Emerald Bay and that strategic options are still being assessed.
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Macau

Hubert Wang departing as MGM China COO, Kenneth Feng assumes CEO position, among other changes

Kelsey Wilhelm -
MGM China has announced significant leadership changes, including the departure of President and COO Hubert Wang and the promotion of Kenneth Feng to the role of CEO.
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Philippines

Cebu City bans physical and online advertisements promoting gambling

Kelsey Wilhelm -
Cebu City has banned all billboards, digital and online ads promoting gambling.
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Australia

Jumbo partner Brightstar wins Lotterywest gaming and digital contract

Viviana Chan -
Brightstar wins a major Lotterywest gaming and digital systems contract in Western Australia, with Jumbo Interactive joining as a key subcontractor.
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Cambodia

Cambodia accuses Thailand of bombing near Poipet casino hub

Viviana Chan -
Cambodia claims Thailand's military has dropped two bombs near Poipet, as violence between the two nations escalates.
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Philippines

PAGCOR pulls plug on PH Resorts’ Cebu casino permit

Viviana Chan -
PAGCOR has cancelled PH Resorts’ Mactan casino permit, prompting the group to scrap investor talks and close its Cebu casino bid.
Read more
Japan

Japan sees strong visitor growth in November despite China spat

Nelson Moura -
Japan saw robust growth in tourism numbers in November, despite its ongoing spat with China.
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Macau

Macau gov’t clears transfer of L’Arc Hotel unit to SJM

Nelson Moura -
Macau’s government has authorized the transfer of the hotel and casino unit of L’Arc Hotel to SJM Resorts, marking a key step in the gaming operator’s consolidation of its peninsula portfolio.
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Australia

The Star Chairman says the company needs to be restructured, following a board overhaul: report

Kelsey Wilhelm -
The new Chairman of Australia’s The Star Entertainment Group says that he did not intend to assume the role, and that the overall board reshuffle had not been the “initial plan”.
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South Korea

South Korea’s president calls for a review of private casino licensing standards

Kelsey Wilhelm -
South Korea’s president Lee Jae-myung has called for a review of casino licensing standards, calling the granting of private licenses to foreigner-only casinos a “favor”.
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Macau

Responsible gambling a legal duty for casino operators: Macau gaming regulator

Viviana Chan -
Responsible gambling has become a statutory obligation for Macau casino operators, as regulators tighten supervision under the Gaming Law.
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Macau

Macau renews Wing Hing Chinese lottery concession for one more year

Viviana Chan -
Macau extends Wing Hing Chinese lottery concession into 2026, keeping annual renewals and introducing priority hiring for locals.
Read more
United States

S&P revises Genting outlook to negative on heavy spending

Nelson Moura -
S&P Global Ratings has revised the outlook on Genting Group companies to negative, warning that heavy capital spending and an aggressive growth strategy could weaken its credit quality.
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Australia

The Star announces Soo Kim as new Chairman, with Bruce Mathieson Jr shifting to CEO

Kelsey Wilhelm -
The Star announces that Soo Kim is its new Chairman, with Bruce Mathieson Jr shifting to CEO role, amongst other changes to the board.
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Australia

PointsBet announces CEO transition, with co-founder Sam Swanell stepping down

Kelsey Wilhelm -
Bookmaker PointsBet has announced that its co-founder Sam Swanell will be stepping down from the role in February, 2026, succeeded by Andrew Catterall.
Read more
Cambodia

Citigroup double upgrades NagaCorp as Naga 3 costs halved to $1.75B

Viviana Chan -
Citigroup double upgrades NagaCorp, citing reduced Naga 3 project scale, lower development costs and the removal of a major dilution overhang.
Read more
Thailand

Pheu Thai Party nominates Thaksin Shinawatra’s nephew as Thai PM candidate

Viviana Chan -
Thailand's casino-friendly Pheu Thai party nominates Thaksin Shinawatra's nephew as part of its PM candidate slate for the February 8th election.
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