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.

LATEST ARTICLES FROM AUTHOR

Vietnam

Small and local to be winning formula in 2022

Tim Shepherd - December 13, 2021

Vietnam

Tim Shepherd: Vietnam growth to gain momentum

Tim Shepherd - December 18, 2020

LATEST NEWS

UAE

RAK Airport plans VVIP terminal for Wynn Al Marjan Island ahead of 2027 opening

Viviana Chan - January 28, 2026

RAK Airport is planning a dedicated VVIP terminal to cater to premium travelers visiting Wynn Al Marjan Island as the casino resort prepares to open in 2027.

Macau

Macau gaming rebound fuels economic recovery, outlook positive for 2026: monetary authority

Nelson Moura - January 28, 2026

Macau’s economy is projected to maintain its recovery in 2026, supported by steady tourism demand and growing non-gaming investment, says monetary authority.

Russia

Russian gov’t mulling legalizing online casinos to generate tax revenue for war effort: Media

Nelson Moura - January 28, 2026

Russian Finance Minister Anton Siluanov has proposed the legalization of online casinos as the government seeks new sources of revenue to address a growing federal budget deficit.

South Korea

Seoul survey finds one in five youths exposed to gambling as online access fuels early participation

Viviana Chan - January 28, 2026

Exposure to gambling among Seoul youths doubled in a year, with online platforms and peer recommendations pushing participation to younger ages.

Australia

Australian court backs regulator’s decision on OkeBet self-exclusion and inducement breaches

AGBrief Editorial - January 28, 2026

Australian tribunal affirms that OkeBet breached state gambling laws by targeting self-excluded individuals and community sports clubs.

Australia

The Star shifts financial advisor after Bally’s/Investment Holdings takeover: report

Kelsey Wilhelm - January 28, 2026

Australian casino operator The Star has reportedly changed its key financial advisor after the board shake-up that accompanied its lifeline investment by Bally’s Corp. and Investment Holdings.

Pacific Islands

US authorities attempt to block release of former IPI Chair Lijie Cui

Kelsey Wilhelm - January 28, 2026

Former Imperial Pacific Chairwoman Lijie Cui could remain in custody, as the US Department of Homeland Security as attempting to block her release on bail.

Thailand

Thailand studies “Disneyland Thailand” mega-project in EEC without casino

Viviana Chan - January 27, 2026

Thailand is studying a Disneyland-style mega-project in the Eastern Economic Corridor as a PPP development, featuring major venues but excluding any casino element.

Macau

Macau January GGR momentum outpaces pre-pandemic seasonality: UBS

Viviana Chan - January 27, 2026

Stronger-than-expected January GGR lifted Macau above pre-pandemic seasonality, with UBS citing steady hotel demand ahead of CNY.

Japan

China cancels 49 flight routes to Japan

Nelson Moura - January 27, 2026

All scheduled flights on 49 air routes between China and Japan have been cancelled for February in the latest escalation of tensions between the two countries.

Cambodia

Cambodia foreign ministry defends Chen Zhi deportation as sovereign decision

Viviana Chan - January 27, 2026

Cambodia defends Chen Zhi deportation, saying the action followed legal procedures and sovereign authority rather than external pressure.

UAE

Wynn Al Marjan Island to launch residential community to house 7,000+ employees

Kelsey Wilhelm - January 27, 2026

Wynn Al Marjan Island has unveiled its ‘purpose-built residential community' where it plans to accommodate over 7,000 employees.

Philippines

PAGCOR sets live sports GGR tax rate at 15 percent, retroactive to November 2025

Kelsey Wilhelm - January 27, 2026

The Philippine gaming regulator (PAGCOR) has approved amendments to its fee framework, lowering the fee on gross gaming revenue generated by gaming venue operators from live sports betting to 15 percent, from 17.5 percent.

Macau

Macau bookings soar ahead of Spring Festival as China travel boom extends holiday

Nelson Moura - January 26, 2026

Travel demand to Macau has surged ahead of the Lunar New Year holiday, with flight bookings since January 1st rising nearly 40 percent yearly, according to Alibaba-owned travel platform Fliggy.

Philippines

Emerald Bay Hotel sale draws multiple bids, but creditor Chinabank says there is no rush

Viviana Chan - January 26, 2026

Chinabank has received multiple offers for the stalled Emerald Bay project, but says it is in no rush to sell as bids have yet to meet its price expectations.

Macau

City terminal for Hong Kong Airport to open at MGM Cotai on February 4th

Viviana Chan - January 26, 2026

A Hong Kong International Airport city terminal will open at MGM Cotai on February 4th, supporting smoother cross-border travel for Macau passengers.

Macau

Macau hotel prices slid in December, despite strong visitation and impressive GGR

Kelsey Wilhelm - January 26, 2026

Macau hotels cut their pricing in December of last year, despite seeing strong occupancy, with overall room rates down by 4.7 percent, according to recent data.

Philippines

Philippines could contribute skilled labor for Timor-Leste’s gaming diversification efforts

Kelsey Wilhelm - January 26, 2026

The Philippines is looking to explore “mutually beneficial labor migration opportunities” with Timor-Leste, partnering up wit

Philippines

PH likely to miss its GDP growth targets again for 2025

Kelsey Wilhelm - January 26, 2026

The Philippines government may again miss its gross domestic product (GDP) growth targets this year, as corruption scandals rocked consumer spending and business confidence.

Australia