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Tim Shepherd

Tim Shepherd
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http://www.fortunaworldwide.com/
Tim Shepherd is the Founder and Senior Partner of Fortuna. Tim is an experienced investor and advisor in hotels and resorts across Asia Pacific and has been based in Hong Kong for 26 years. Partners in Finance & Investment, Compliance and Strategy support Fortuna’s investments and advisory work around the region.

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LATEST NEWS

News

Hong Kong racing secures continued broadcast on Australia’s Racing.com

Nelson Moura -
Following extensive peace talks, Hong Kong racing will continue to be broadcast on the Racing.com platform in Australia until the end of the current season, albeit under revised, unspecified terms.
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News

Filipino senators urge increased funding for fight against financial crimes

Nelson Moura -
The head of the Anti-Money Laundering Council (AMLC) of the Philippines emphasized the need for a comprehensive government approach to combat money laundering and terrorist financing during Senate budget discussions.
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News

Hong Kong bourse declares former LET Group, Summit Ascent executive unsuitable as director

Nelson Moura -
Hong Kong’s stock exchange has censured businessman Andrew Lo Kai Bong, declaring him unsuitable to serve as a director after he pushed ahead with...
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Philippines

Travellers to break ground on $700M Mactan, Boracay casinos in 2026: CEO

Viviana Chan -
Travellers to build $700M casinos in Mactan, Boracay by 2026, boosting AGI’s presence in key Philippine tourism hubs.
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Macau

Macau expects record tourist arrivals during “Super Golden Week”

Viviana Chan -
Macau’s "Super Golden Week" is set to see record tourist numbers, with policies easing travel and boosting industry confidence.
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Philippines

PAGCOR launches education framework to tackle illegal online gambling

Viviana Chan -
PAGCOR launches education framework to curb illegal online gambling through player education, operator training, and public outreach in the Philippines.
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Macau

SJM’s credit profile hinges on satellite market share recapture: Fitch

Viviana Chan -
Fitch Ratings said the impact on SJM Holdings' credit profile will depend on the company's ability to recapture the market share of its outgoing satellite casinos and the terms of related acquisitions.
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Philippines

“Saturated” electronic gaming machine market in the Philippines, driving manufacturer deal making and innovation

Kelsey Wilhelm -
The sales market for electronic gaming machines (EGMs) in the Philippines is "saturated", with manufacturers needing to prove their longevity to secure deals.
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Malaysia

Malaysia government to meet Meta over online gambling ad surge

Viviana Chan -
Malaysia presses Meta to curb illegal gambling ads on Facebook, meeting set for September 22nd to enforce stricter measures.
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Philippines

DigiPlus plans to acquire physical casino stalled: report

Kelsey Wilhelm -
The Philippines’ largest online gaming company DigiPlus has had potential talks to acquire a physical casino stalled due to recent changes: report.
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Philippines

Philippine AML Council launches casino probe amid flood project corruption scandal

Viviana Chan -
Philippine AMLC probes casinos for laundering $18.3M linked to fraudulent Bulacan flood control projects by corrupt DPWH engineers.
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Philippines

Travellers, Suntrust inject $450M to complete Westside City resort

Viviana Chan -
Travellers and Suntrust invest $450M to complete $1.25B Westside City resort in Parañaque, targeting a 3Q26 opening with 2,500+ hotel rooms.
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United States

Aristocrat Leisure announces new leadership changes

AGBrief Editorial -
Aristocrat has announced new leadership changes, with its Aristocrat Interactive CEO Moti Malul to step down from March 2026, to be succeeded by Dylan Slaney.
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Macau

Strong Macau GGR in August helps boost gaming tax to $1B

AGBrief Editorial -
Macau’s government collected an impressive MOP8.5 billion ($1.06 billion) in gaming tax in August, as the city’s gaming operators saw a record-breaking post-COVID performance.
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Thailand

New Thai PM Anutin Charnvirakul rejects gambling as an economic driver, vows no casino policy

Viviana Chan -
New Thai PM Anutin Charnvirakul dismisses casinos as growth tool, vows no gambling reforms, and signals possible rollback on poker’s legal status.
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Macau

MGM China increases 2025 service cap with Shun Tak to $25.6M amid rising demand

Viviana Chan -
MGM China raises annual cap of service agreement with Shun Tak to $25.6M to meet rising demand for gaming accommodation in 2025.
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UAE

Wynn expands hiring for UAE casino positions ahead of 2027 opening

Viviana Chan -
Wynn hires for $5B UAE casino, seeking dealers, pit managers, and marketing VPs to build VIP base for 2027 Wynn Al Marjan opening.
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Macau

Summer seasonality drives Sands to extend market share gain in August: UBS

Viviana Chan -
Sands China boosts Macau market share to 23.5% in August amid summer surge, according to UBS analysis.
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Macau

China’s stock market boost ups spending in Macau: Scholar

Nelson Moura -
China’s stronger-than-expected economic growth in the first half of the year has created room for Beijing to shift focus toward consumption and structural reforms, a move that could benefit Macau’s tourism and gaming industries.
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Cambodia

US moves against scam compounds in Sihanoukville, Shwe Kokko

Viviana Chan -
US sanctions hit Myanmar’s Shwe Kokko and Cambodia’s Sihanoukville scam hubs, targeting $10B cyber fraud networks using forced labor.
Read more

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