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Wednesday, March 11, 2026

John English

John English
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“Casino regulatory policy is systematically wrong”: redefining casinos’ economic purpose

Current regulatory policy is "systematically wrong", due to a misunderstanding of the casino's economic function, argues top economist Andrew Russel.

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.

Affiliate marketing and influencer endorsements banned in NZ online casino plan

New Zealand has given more information on timelines and regulations for its soon-to-be-licensed online casino sector.

PH aims to continue influx of Korean tourists, and ensure their safety

The Philippines is aiming to keep South Korea tourists flooding in, with increased security for its nationals and promotional packages to continue footfall from its top source market.

Goa to raise license fees for new casinos by 200% in latest state budget

Goa plans a sharp 200 percent hike in casino licensing fees for new operators as authorities seek stronger oversight and higher state revenues.

Patrick Dumont secures five-year CEO contract at Las Vegas Sands

Las Vegas Sands signs a five-year CEO contract with Patrick Dumont after he assumed the role on March 1st, following the retirement of Robert Goldstein.

SJM recovery trails Macau market, turnaround unlikely until 2H26: CBRE

CBRE downgrades SJM to Hold, saying operational restructuring and market pressures could delay a meaningful recovery until the second half of 2026.

PhilWeb appoints gaming lawyer Tonet Quiogue as independent director amid board overhaul

PhilWeb appoints gaming lawyer Tonet Quiogue as independent director following board reshuffle tied to management-led takeover and ownership change.

Bloomberry registers $44.74M loss in FY25, amongst VIP and premium downturn

Solaire operator Bloomberry Resorts registered a FY25 loss of $44.7M, weighed down by softer tourism and the POGO ban in 2024, which significantly affected VIP and premium mass play.

Wynn providing additional housing options/remote work from abroad for Al Marjan Island employees

Wynn Al Marjan Island operator Wynn Resorts is offering employees additional housing options and the option to work remotely from abroad.

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