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LATEST NEWS

LATEST NEWS

SJM profit plunges 91% in third quarter amid “inevitable” satellite casino phaseout

Macau gaming operator SJM saw a sharp 91% decline in profit in 3Q25, amidst the "inevitable" satellite casino phaseout.

Galaxy Entertainment could raise payout ratio to 69% on strong cash flow: CLSA

CLSA says Galaxy could lift its dividend payout ratio to 69% by 2027, supported by strong cash flow and a robust balance sheet.

Macau neighboring Chinese city launches consumer subsidy scheme to boost spending

The southern Chinese city of Zhuhai, near Macau, has rolled out a substantial consumer voucher program, available to residents and travelers, offering subsidies of up to $690 for car purchases in a bid to stimulate local economic activity.

Bloomberry net loss widens to $28.8M in 3Q25 on VIP segment weakness

Bloomberry reports $28.8M net loss in 3Q25, pressured by VIP decline and new online platform costs.

Macau Grand Prix expected to attract 500,000 visitors over four days

Macau's Grand Prix is expected to draw up to 500K visitors over the four days, boosting hotel occupancy and helping the city reach its annual visitor mark.

Experts urge action as online gambling grips Japanese youth

Japan is facing a worrying rise in underage online gambling, with police reporting that even junior and high school students are becoming involved, in some cases turning to fraud to pay for their betting.

PAGCOR sees slight drop in GGR in 3Q25, despite boost from e-Games segment

The Philippines’ gaming regulator (PAGCOR) says that gross gaming revenues in the third quarter fell by 0.1 percent, despite a rise in the contribution from the e-Games segment.

Japan plans first visa fee hike since 1978 amid record tourist surge

Japan plans visa fee hike from 2026 to tackle overtourism, aligning with Western rates amid record tourist arrivals.

Far East Consortium explores partial sale of Ritz-Carlton Perth stake to AMTD

FEC in preliminary talks with AMTD for a partial sale of Ritz-Carlton Perth; no binding agreement yet signed.

Century Entertainment signs Vietnam casino LOI, reports revenue from gaming JV

Century Entertainment eyes Vietnam market with new casino LOI, expanding from mobile solutions to an online gaming platform.

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Asia Gaming News | AGB - Asia Gaming Brief
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