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Dr. Wolfgang Georg Arlt

Dr. Wolfgang Georg Arlt
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http://www.china-outbound.com/
Founder and Director of COTRI China Outbound Tourism Institute. He first visited the People’s Republic of China in 1978. From 1991-1999, he owned Inbound Tour Operator China-Europe.

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Bloomberry registers $44.74M loss in FY25, amongst VIP and premium downturn

Solaire operator Bloomberry Resorts registered a FY25 loss of $44.7M, weighed down by softer tourism and the POGO ban in 2024, which significantly affected VIP and premium mass play.

Wynn providing additional housing options/remote work from abroad for Al Marjan Island employees

Wynn Al Marjan Island operator Wynn Resorts is offering employees additional housing options and the option to work remotely from abroad.

SkyCity facing legal proceedings over ‘gambling monies lost’ to SkyCity Online Casino

Unnamed party commences legal proceedings against SkyCity to ‘test the lawfulness' of its online gaming operations.

China adopts cautious 4.5–5% growth target as economic challenges deepen

China’s cautious 4.5–5 percent GDP growth target for 2026 underscores weakening economic momentum and possible implications for regional tourism and discretionary spending.

Entain generates $8.55B in FY25 net gaming revenue, Australia revenue down 6%

Entain records $8.55 billion in net gaming revenue in FY25, despite downturn in Australia revenue.

SJM to close New Yaohan department store at GLP by year-end

SJM will terminate the New Yaohan department store agreement at Grand Lisboa Palace by end-2026 while renewing services and chips deals with STDM.

Belle Corp sells $4.78M in treasury shares to raise capital for ‘forthcoming projects’

Belle Corp sells $4.78 million in treasury shares to raise new capital for 'forthcoming projects'.

Former Star CE Matt Bekier broke the law by not mitigating risks linked to junket operators including Suncity: judge

An Australian Federal Court judge has ruled that former The Star Entertainment Group chief executive Matt Bekier broke the law and failed in his duties to mitigate risks – particularly those related to former Macau top junket operator Suncity.

Paradise Co. sees 24% increase in February casino sales

South Korean integrated resort operator Paradise Co. saw a 24.3 percent yearly increase in casino sales for February, reaching nearly $61.23 million.

Bloomberry finalizes exit from South Korea’s Jeju casino market

Bloomberry completes $4.78 million Jeju casino sale to Blue One, ending South Korea operations to refocus on the Philippines.

Shin Hwa World expecting FY25 loss reduction of 20-35%

South Korean integrated resort operator Shin Hwa World is expecting to record a yearly decrease in loss for 2025 of 20-35 percent.

FATF wants stablecoin issuers to know location on secondary market and be able to freeze, burn, or withdraw assets

The Financial Action Task Force (FATF) wants stablecoin issuers to be able to freeze, burn or withdraw assets and know their location on the secondary market.

Kangwon Land appoints interm CEO after Choi Cheol Kyoo resigns

South Korea’s only casino open to locals, Kangwon Land, has announced the resignation of its CEO and the appointment of an acting CEO.

Goa finalizes long-awaited rules to tighten control over casinos

Goa approves final casino rules, granting the Gaming Commissioner sweeping powers to audit entries and order closures for violations.

GKL February casino sales rise 17.3% year-on-year to $25.8M

GKL’s February casino sales surged 17.3% year-on-year to $25.8 million, driven by strong performance across both table and gaming machine revenue.

YOHO Group invests $3.7M for food court at former Greek Mythology Casino site: report

Macau's YOHO Group commits $3.71 million for a food court incubator at the rebranded YOHO Gold Coast Hotel in Taipa.

PAGCOR sets March 29th launch for nationwide bingo event

PAGCOR's March 29th linked bingo event connects nine Casino Filipino sites, offering players a shot at $51,785 in total tax-free prizes.

PH central bank increases cash withdrawal limit before increased due diligence to $17K

The Philippines’ central bank has raised the cash withdrawal threshold that triggers enhanced due diligence from $8,560 to $17,120.

IEC completes $102.6M first tranche of DigiPlus notes deal

IEC completes HK$800M first tranche of HK$1.6B DigiPlus convertible notes deal, with second tranche due within three months.

Genting Malaysia redesignates President Lee Choong Yan as Non-Executive Director

Genting Malaysia Berhad (GENM) has announced the redesignation of President and Executive Director Lee Choong Yan as a Non-Executive Director, effective from May 1st of this year.

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