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LATEST NEWS

LATEST NEWS

SJM faces ‘perfect storm’ as satellite closures and costs hit results: CLSA

CLSA says SJM faces a 'perfect storm' as satellite casino closures, rising costs and market share losses drive a 32 percent drop in 4Q EBITDA and a return to losses.

Cambodia Cabinet to review draft anti-scam law this week: report

Cambodia’s Cabinet will review a draft anti-telecom fraud law this week that could hold landlords and recruiters legally liable for supporting scam operations.

Japan sets May–November 2027 window for next round of IR applications

Japan announces May–November 2027 submission window for IR development plans, offering regions another chance to secure one of two remaining casino licenses.

The friction trap: expert panel warns against “headline-driven” policy shifts

Australian industry experts are calling for a shift away from reactive policymaking towards a stance that protects players, reduces friction and doesn't stifle industry innovation.

Hyatt Regency Incheon Paradise City officially opens, bringing Paradise City to 1,270 keys

The Hyatt Regency Incheon Paradise City officially opened this week, following a revamp and rebranding of the 501-room hotel.

Paradise Entertainment FY25 profit falls to $17.8M on Kam Pek casino closure, lower LMG terminal sales

Gaming equipment company Paradise Entertainment is expecting a significant drop in its profit for FY25, following the closure of its satellite casino operation under SJM last year.

Melco taps Chinese actor Jing Boran as City of Dreams Global Brand Ambassador

Macau’s City of Dreams has unveiled Chinese actor and singer Jing Boran as its new Global Brand Ambassador.

Concerts help drive Macau’s March GGR toward 14% YoY growth: Citigroup

Citigroup says concerts at major resorts helped boost Macau’s early March gaming revenue, keeping GGR on track for about 14 percent year-on-year growth.

The Star Brisbane appoints Dave Whimpey as COO and interim CEO

The Star Entertainment Group appoints Dave Whimpey COO and interim CEO of The Star Brisbane, amid leadership changes.

UBS cuts 2026 EBITDA forecasts for Macau casinos amid higher operating costs

UBS cuts Macau gaming sector EBITDA estimates for 2026 while maintaining expectations for 5 percent GGR growth, led by stronger first-half momentum.

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Asia Gaming News | AGB - Asia Gaming Brief
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