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Matt Ballesty

Matt Ballesty
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Matt Ballesty is a strategic and results-oriented business expert with 30 years of global experience in leadership and operations management within highly regulated and complex environments. Possesses intimate knowledge on the operations and management of an integrated resort property with the ability to adapt to different jurisdictions. Currently, Matt is the Managing Director of Three Points Consulting, a gaming and hospitality consultancy company providing expert and strategic advice to boards, management, investors and regulators.

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LATEST NEWS

Melco’s Macau operations “stable” but no expectations for increases amongst strong competition

Melco says that its operations in Macau are “stable”, with no upside or downside expectations and no increased spend to improve its market share, despite increasing competition.

Melco shelves plans to divest interest in City of Dreams Manila

Melco has decided to shelve plans to sell off its interest in City of Dreams Manila, after concluding its “evaluation of strategic alternatives”.

Wynn Palace Chairman’s Club open for CNY, boosting VIP offerings

Wynn Resorts’ CEO is “very excited about the opening of the new Chairman’s Club floor at Wynn Palace”. The group announced that it had received approval for the opening “today” on its earnings call on Thursday.

Wynn Al Marjan key component of portfolio diversification: CEO

The upcoming opening of Wynn Al Marjan Island is a strong component of Wynn Resorts’ portfolio diversification, aiming to focus on wealth concentration in global hubs: the US, China and “portions of the Middle East”.

Curacao Gaming Authority warns public of unlicensed TrumpBet website

The Curacao Gaming Authority has issued a public warning against an online gambling website operating under the domain trumpbet.cc, stating that the operator is neither authorized nor licensed in the jurisdiction and is falsely claiming regulatory approval.

Melco’s 2025 profit jumps nearly fourfold on Macau gaming recovery

Melco posts near fourfold profit growth in 2025 on rising Macau volumes, improved margins, and solid fourth-quarter results.

Galaxy’s Francis Lui ranks 9th on 2026 Hong Kong rich list

Galaxy chairman Francis Lui secures ninth place on Fobes' 2026 Hong Kong rich list, led by casino-linked wealth growth.

BetMakers confirms informal takeover talks with Tabcorp, addresses share price surge

BetMakers has confirmed that it engaged in preliminary talks with Tabcorp over a possible takeover.

Macau forecasts up to 6.2M cross-border trips over 9-day CNY break

Macau forecasts up to 6.2M border crossings over the CNY holiday, with February 19th peak traffic and enhanced measures to manage travel surges.

Cambodia drafts new law to combat telecom and online scams

Cambodia is fast-tracking a new draft law to enhance inter-agency coordination and clarify penalties for telecom fraud and cross-border crimes.

Hong Kong Jockey Club CEO warns of rampant illegal betting: report

The CEO of the Hong Kong Jockey Club warns that "illegal wagering is rampant", and the industry needs change to avoid decline.

Crane NXT posts solid 2025 results, lifts dividends

Crane NXT reported robust fourth-quarter and full-year results for 2025 and said it will raise its annual dividend by 6 percent.

Tabcorp fined by ACMA for taking in-play tennis bets

Australian authorities have fined Tabcorp Holdings Limited for taking online in-play sports bets.

Novomatic’s takeover bid for Ainsworth fails

Novomatic's takeover bid for Ainsworth fails as it falls short of requirements and lapses after missing the deadline.

PAGCOR tightens regulations on online gambling

PAGCOR will be enforcing stricter regulations regarding online gambling, particularly KYC protocols, advertising restrictions, and promoting responsible gaming measures.

Thailand tightens exports to prevent scam compounds rebuilding in Cambodia

Thailand tightens border export controls on cement and steel to stop scam networks from rebuilding compounds in Cambodia’s border regions.

Chinese ambassador calls for Cebu–Xiamen air link to strengthen China–Philippines

Chinese ambassador urges revival of Cebu–Xiamen flights to boost exchanges and help stabilize China–Philippines relations.

Cambodian authorities raid Golden Lion Casino Hotel amongst telecom fraud crackdown

Cambodian authorities raid Golden Lion Casino Hotel in Sihanoukville amongst telecom fraud crackdown.

MGM China dividend debate heats up after license fee hike: CLSA 

Fee hike transparency issues aside, CLSA expects MGM China to boost dividend payout and maintains Outperform rating.

Galaxy opens Capella hotel for “top percentile of VIP guests”

Galaxy Entertainment Group officially opened its new Capella hotel, aimed only at VIPs, on Tuesday.

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