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Daily Asia Gaming eBrief: Macau operators unequal in non-gaming investments

Citigroup's 4Q25 preview highlights that increased operating expenses from events and satellite casino closures slightly offset Macau casino operators' operating leverage, yet they forecast 7% GGR growth and 9% EBITDA growth. Meanwhile, CIMB Securities upgraded Genting Malaysia Bhd's rating, expecting a strong recovery in earnings by FY27 due to a new casino license for its US subsidiary. In India, gaming and hospitality group Delta Corp has announced that it will discontinue operations at The Zuri White Sands Goa Resort & Casino following the government’s increase in the Goods and Services Tax on casinos.

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LATEST NEWS

Galaxy announces salary increase for employees, effective April 1st

Macau gaming operator Galaxy Entertainment Group has announced a salary increase for eligible team members at Senior Manager grade or below effective from April 1st.

Slight drop in Suspicious Transaction Reports from Macau gaming operators in 2025

Macau saw a slight drop in the number of Suspicious Transaction Reports (STRs) from gaming operators in 2025 when compared to the previous year, totaling 3,603.

Macau gaming market concentrates further as top operators gain share: CLSA

Macau gaming concentration intensified in 4Q25, with top operators expanding GGR share as satellite closures and structural shifts favored large resorts.

Publicly held Korean casino operator/institutions mandated to prove their worth by Minister

Korea's Trade Minister mandates public institutions, including casino operator Kangwon Land, prove their worth or risk closure.

Philippine Presidential Palace dismisses “unsubstantiated statements” on possible presidential impeachment attempt

The Philippines’ Presidential Palace has dismissed “unsubstantiated statements” calling for the impeachment of the nation’s president Ferdinand Marcos Jr.

The Star to proceed with closure of corporate office, cutting jobs and shifting responsibilities

The Star is proceeding with plans to close its corporate office in Brisbane, aiming to decentralize responsibility and reduce workforce.

Sands China announces salary increase and bonus for team members

Sands China has announced a 2026 pay rise for most employees, alongside a discretionary one-month bonus recognizing contributions in 2025.

Light & Wonder to pay $127.5M settlement to Aristocrat over Dragon Train litigation

Light & Wonder agrees to pay $127.5 million settlement to Aristocrat for IP infringement linked to Dragon Train game.

INSPIRE Entertainment Resort registers $183.4M in GGR for fiscal year ending Sept. 2025

South Korea's Inspire Entertainment Resort registered nearly $183.4 million in GGR for fiscal year ending Sept. 30th, 2025.

Macau’s Tourist Price Index rose 1.71% in 2025 as hotel rates eased

Visitor prices in Macau increased 1.71% yearly in 2025, driven by jewellery and leisure spending, despite lower accommodation costs.

UPCOMING INDUSTRY EVENTS

UPCOMING INDUSTRY EVENTS

Asia Gaming News | AGB - Asia Gaming Brief
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