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LATEST NEWS

LATEST NEWS

MGM China inks new 20-year branding agreement with MGM Resorts, monthly license fee rises to 3.5%

MGM China has inked a new branding agreement with its parent company MGM Resorts, for a period of up to 20 years and under an increased monthly license fee.

Vietnam proposes full ID disclosure for football bettors, keeps daily betting cap at $380

Vietnam moves to require full ID checks for legal football betting while keeping the daily wagering cap unchanged at $380 per person.

SJM authorized to directly operate L’Arc Macau Casino from December 30th

L’Arc Macau becomes the only satellite casino to shift to direct operation after the government authorized SJM’s takeover from December 30th

Macau sets new tourism record with 39.41M visitor arrivals

Macau recorded a new tourism high, as cumulative visitor arrivals surpassed the 2019 peak, reaching 39.41 million by December 27th.

Newport World Resorts parent company raises $18.7M via warrants issuance

Alliance Group to expand IR developments following $18.71 million share warrants issuance.

Macau gov’t says 3,500 staff reassigned as satellite casino exit nears deadline

Macau's satellite casino closures are proceeding smoothly, with authorities saying 3,500 workers have transitioned without complaints.

Macau Legend relocates legal base to Bermuda, targets loss offset

Macau Legend completes Bermuda redomiciliation and capital restructuring to create surplus for offsetting accumulated losses.

Visitor arrivals to Macau rise 14.4% to nearly 36.5M in Jan–Nov

Macau welcomed about 36 million visitors in the first 11 months of 2025, up 14.4% year-on-year, on strong Mainland Chinese and overseas demand.

PH Resorts says all raised capital spent on Emerald Bay, evaluating future options

PH Resorts said all proceeds from prior capital raisings were used for Emerald Bay and that strategic options are still being assessed.

Hubert Wang departing as MGM China COO, Kenneth Feng assumes CEO position, among other changes

MGM China has announced significant leadership changes, including the departure of President and COO Hubert Wang and the promotion of Kenneth Feng to the role of CEO.

UPCOMING INDUSTRY EVENTS

Asia Gaming News | AGB - Asia Gaming Brief
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