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Monday, March 23, 2026

Miguel Neves

Miguel Neves
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https://agbrief.com

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LATEST NEWS

Philippine court rejects bid to dismiss bribery case against Macau junket investor Jack Lam

Philippine anti-graft court allows bribery case against Macau junket investor Jack Lam to proceed, rejecting his bid to dismiss charges.

Citigroup remains bullish on Macau gaming, sees March softness as seasonal

Citigroup says Macau gaming remains on track, with March softness seasonal and demand resilient as premium mass spending rises despite fewer players.

Sun Group, Changi Airports sign strategic agreement to manage Phu Quoc International Airport

Sun Group and Changi Airports International sign agreement to manage Phu Quoc International Airport

Macau could break tourism record with 44M tourists in 2026: industry expert

Macau could break its tourist number record again in 2026, with an industry expert suggesting 44 million tourists this year.

The Star appoints Bally’s Corp’s Charlie Diao as Group Chief Financial Officer

The Star appoints Bally's Corp SVP Charlie Diao as Group Chief Financial Officer, amongst restructuring.

Las Vegas Sands appoints Woh Hup to lead Marina Bay Sands expansion project

Las Vegas Sands awards Woh Hup multi-billion-dollar construction contract for Marina Bay Sands expansion following competitive tender.

Wynn Macau raises dividend despite profit falling 49% in 2025

Wynn Macau raises dividend despite a 49% profit drop in 2025, as rising costs and weaker non-gaming revenue weigh on overall earnings performance.

Macau February arrivals jump 32.6% to 4.2M, average stays decline

Macau's February arrivals rose by 32.6% yearly to over 4.17 million, driven by the Chinese New Year holiday.

Cambodia appoints new CGMC secretary-general amid fraud crackdown

Cambodia appoints new CGMC chief and police unit head as authorities intensify crackdown on cyber fraud and illegal casino-linked activities nationwide.

Cathay Pacific extending flight suspension to Dubai and Riyadh until April 30th

Hong Kong flagship carrier Cathay Pacific is extending the suspension of passenger and freight flights to Dubai and Riyadh until at least April 30th.

PH Senator aims to broaden scope of AML law, with stricter compliance and oversight

Philippine senator pushes amendment to AML law to increase compliance requirements and enforcement, including for online gaming operators.

Thailand vote secures PM Anutin’s leadership, keeps casino legalization off the table

Anutin Charnvirakul to continue as Thailand's Prime Minister, signaling continued resistance to casino legalization in the country.

MGM China announces $171M final dividend amid record 2025 results

MGM China declares $171 million dividend payout after revenue, EBITDA and market share reached new highs in 2025.

Large-scale former casino spaces in Macau attract redevelopment interest

Investor interest grows in Macau’s former satellite casino sites as large vacant spaces offer redevelopment opportunities for tourism and local businesses.

PhilWeb, Okada Manila to launch “Okada Play” online gaming platform

PhilWeb and Okada Manila partner to launch new online gaming platform Okada Play to scale the operator's digital gaming presence.

Ongoing conflict in the Middle East could lower Macau hotel occupancy, increase inflation: economist

A top economist says that the ongoing conflict in the Middle East could cause a rise in inflation in Macau and have a negative impact on hotel occupancy rates.

Delta Corp faces $188M GST notices from Goa authorities for FY22-23

Delta Corp hit with $188 million GST notices for FY22–23 as Goa authorities dispute tax basis on gross bet value versus gaming revenue.

Macau Chief Executive again pushes diversification away from gaming for next 5-year plan

Macau’s Chief Executive has doubled down on the SAR’s need to diversify its gaming-dependent economy, as the government elaborates its third five-year plan, covering 2026-2030.

Japan sees record tourism in February, at 3.46M, despite 45% drop in Chinese visitation

Japan saw record visitation in February, rising by 6.4 percent yearly to 3.46 million, despite a significant drop in Chinese visitation.

MGM China enters steadier phase, delivering stable cash flow to parent: Fitch

MGM China shifts to stable growth phase with rising share and steady cash flow contributions to parent, supported by new long-term branding deal: Fitch.

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