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Daily Asia Gaming eBrief: Star Entertainment CFO and COO resign

AGBrief Editorial -
New year, new beginnings. Star Entertainment Group announced the resignations of CFO Frank Krile and COO Jeannie Mok, while confirming Bruce Mathieson Jnr as CEO and Managing Director. The changes come as Bally’s Corporation and its affiliates have become substantial shareholders in the group. In Vietnam, the country’s Ministry of Justice has proposed stricter personal identification requirements for individuals placing legal bets on sports, while the Ministry of Finance has maintained a daily betting limit of $380 per person at licensed operators. In Macau, the city surpassed its pre-pandemic tourism record, with cumulative visitor arrivals reaching 39.41 million.

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Macau

Macau records 1.14M visitor arrivals during SAR anniversary and Christmas holiday

Viviana Chan -
Holiday travel surged in Macau as 1.14 million visitors arrived between December 20th and 28th, driving 6.25 million cross-border movements.
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Philippines

Suntrust reshuffles board with two new director appointments

Viviana Chan -
Suntrust reshuffles its board with two new director appointments as it advances the long-delayed Westside City integrated resort project.
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Macau

Melco to operate three Mocha slot clubs via management company starting January 1st

Viviana Chan -
Melco secured authorization to operate Mocha Golden Dragon, Mocha Porto Interior and Mocha Hotel Sintra through a management company starting January 1st, 2026.
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Macau

MS analysts question MGM China’s significant increase in royalty payments, biting into EBITDA

Kelsey Wilhelm -
Analysts at Morgan Stanley say that MGM China’s recent royalty payment deal with its parent company could reduce the Macau operator’s EBITDA by up to 7 percent.
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Philippines

PH Resorts to be reclassified as Hotel & Leisure on Philippine Stock Exchange

Kelsey Wilhelm -
PH Resorts, behind the failed Emerald Bay integrated resort, is set to be reclassified on the Philippine bourse after losing its provisional casino license.
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Australia

Australia’s Star Entertainment faces executive exits, confirms new CEO

Nelson Moura -
Australia’s embattled casino operator Star Entertainment Group has announced major changes in its leadership team, with two senior executives stepping down and the board confirming Bruce Mathieson Jnr as its new chief executive officer and managing director.
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Macau

Sands China renews trademark license deal with LVS until 2028

Nelson Moura -
Sands China Ltd said it has renewed its international trademark license agreement with parent Las Vegas Sands (LVS), ensuring continued use of the group’s brands in Macau and across Greater China until the end of 2028.
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Macau

Gaming employs over a quarter of Macau’s workforce

Nelson Moura -
Nearly 69,100 people were employed in Macau’s gaming industry between September and November, accounting for about 25.8 percent of the city’s employed residents, official figures showed.
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Macau

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

Kelsey Wilhelm -
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.
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Vietnam

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

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