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Miguel Neves

Miguel Neves
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Wynn Macau sets $150M annual cap for IP license fees in 2026

Wynn Macau Ltd said it has set an annual cap of about $150 million for intellectual property license fees payable to a unit of its parent company Wynn Resorts in 2026, under continuing connected transactions.

Late-night congestion follows New Year fireworks on Macau’s Cotai Strip

Macau experienced widespread late-night transport congestion following New Year’s Eve fireworks celebrations, as large crowds departing event areas after midnight overwhelmed public transport systems and pedestrian routes across the city, particularly in Cotai.

Ainsworth heir battles Novomatic’s bid for family gaming firm: Report

There is a brewing corporate battle in Australia’s gaming industry, with Kjerulf Ainsworth, son of slot machine pioneer Len Ainsworth, fighting to block a takeover bid by Austrian gaming giant Novomatic.

Kazakhstan set to establish new gambling zones

Kazakhstan is set to establish new gambling zones in several regions, including Mangystau, Almaty, East Kazakhstan, and Zhetysu, as announced by Yerbol Myrzabosynov, the country’s Minister of Tourism and Sports.

Macau 2025 GGR tops $30.9B, rises 9.1% YoY

Gaming revenue in Macau rose 9% year-on-year to $30.9B in 2025, exceeding government targets as visitor arrivals reached an all-time high.

Casino Landmark shuts doors as Macau’s satellite casino model comes to an end

Casino Landmark, the final remaining satellite casino in Macau, ceased operations at 11:59 p.m. on Tuesday, marking the end of a three-year transition period...

Jewellery shop in Cotai casino linked to $7.7M illegal money exchange busted

Macau’s Judiciary Police have dismantled an illegal money exchange operation linked to gambling at a watch and jewellery shop inside a Cotai casino, arresting...

CLSA cuts MGM China earnings forecasts by over 6% for 2026–27 on higher license fees

Higher license fees prompt CLSA to downgrade MGM China’s 2026–27 earnings outlook by more than 6%, despite retaining an Outperform rating

Myanmar demolishes more illegal gambling buildings in Shwe Kokko and KK Park

Myanmar steps up crackdown on online scams and illegal gambling, demolishing hundreds of unauthorised buildings in Shwe Kokko and KK Park

Portugal extends casino concessions as bidding process continues

The Portuguese government has extended the operating concessions for casinos in three key regions by three months, as the process to award new long-term licenses remains underway.

Palasino Holdings opens new casino in the Czech Republic

Hong Kong-listed Palasino Holdings Limited announced it has opened its newest property, Palasino Mikulov, in the Czech Republic, marking a key step in the group’s expansion across Central Europe.

Macau records 1.14M visitor arrivals during SAR anniversary and Christmas holiday

Holiday travel surged in Macau as 1.14 million visitors arrived between December 20th and 28th, driving 6.25 million cross-border movements.

Suntrust reshuffles board with two new director appointments

Suntrust reshuffles its board with two new director appointments as it advances the long-delayed Westside City integrated resort project.

Melco to operate three Mocha slot clubs via management company starting January 1st

Melco secured authorization to operate Mocha Golden Dragon, Mocha Porto Interior and Mocha Hotel Sintra through a management company starting January 1st, 2026.

PH Resorts to be reclassified as Hotel & Leisure on Philippine Stock Exchange

PH Resorts, behind the failed Emerald Bay integrated resort, is set to be reclassified on the Philippine bourse after losing its provisional casino license.

Australia’s Star Entertainment faces executive exits, confirms new CEO

Australia’s embattled casino operator Star Entertainment Group has announced major changes in its leadership team, with two senior executives stepping down and the board confirming Bruce Mathieson Jnr as its new chief executive officer and managing director.

Sands China renews trademark license deal with LVS until 2028

Sands China Ltd said it has renewed its international trademark license agreement with parent Las Vegas Sands (LVS), ensuring continued use of the group’s brands in Macau and across Greater China until the end of 2028.

Gaming employs over a quarter of Macau’s workforce

Nearly 69,100 people were employed in Macau’s gaming industry between September and November, accounting for about 25.8 percent of the city’s employed residents, official figures showed.

MGM China inks new 20-year branding agreement with MGM Resorts, monthly license fee rises to 3.5%

MGM China has inked a new branding agreement with its parent company MGM Resorts, for a period of up to 20 years and under an increased monthly license fee.

Vietnam proposes full ID disclosure for football bettors, keeps daily betting cap at $380

Vietnam moves to require full ID checks for legal football betting while keeping the daily wagering cap unchanged at $380 per person.

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