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Daily Asia Gaming eBrief: Macau foreigner-only gaming zones show slow progress

AGBrief Editorial -
“I wanna get in the zone”. While Britney Spears’ catchy pop tune gathered a following, Macau’s attempts at doing so with foreigner-only gaming zones appears to be slow to pick up. While operators are getting tax cuts due to foreign play, the contribution is marginal compared to overall receipts, and unlikely to see large change. In Singapore, the city lauded its highest-ever tourism receipts, championing its new “distinctive experiences” positioning and placing it on the road to beat projections. Meanwhile, MGM may have jumped the gun in its results release, with divulged data showing $1.23 billion in Macau revenue for 4Q25.

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Macau

MGM China sees 21.4% increase in 4Q25 revenue, to $1.23B, in early-release results

Kelsey Wilhelm -
MGM China saw a 21.4 percent increase in net revenue, to $1.23 billion in the fourth quarter of last year, according to results published ahead of their expected release on February 12th.
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Macau

Sands China’s weak 4Q25 unlikely to derail dividend normalization: JP Morgan

Viviana Chan -
Sands China’s short-term earnings pressure unlikely to disrupt dividend normalization and recovery outlook, say JP Morgan analysts.
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Philippines

Philippines House leader moves to abolish travel tax to boost mobility and tourism

Viviana Chan -
Philippines House Majority Leader files bill to repeal travel tax, aiming to boost mobility and support tourism recovery.
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Australia

Australia’s Jumbo Interactive flags double-digit growth in 1H26

Nelson Moura -
Australia’s Jumbo Interactive expects to report strong double-digit growth across key metrics for the first half of fiscal 2026.
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Thailand

Thailand lottery-based campaign policies draw opposition from anti-gambling groups

Viviana Chan -
Thai anti-gambling groups oppose lottery-based campaign policies, warning they could deepen addiction, social harm, and reliance on gambling incentives.
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Elsewhere

AGEM Index down by 0.9% monthly in January

Kelsey Wilhelm -
The AGEM Index in January fell slightly by 0.9 percent, despite an 11.4 percent yearly rise.
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Singapore

Singapore sees highest-ever tourism receipts in first three quarters of 2025

Kelsey Wilhelm -
Singapore boasted its highest-ever tourism receipts in the January-September period, rising by 6.5 percent yearly to $18.82 billion.
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Macau

Macau to welcome up to 1.5M tourists during LNY festivities: MGTO director

Kelsey Wilhelm -
Macau is set to welcome between 1.4 and 1.5 million tourists over the course of the nine-day Lunar New Year festivities, with an expected average of between 158,000 and 175,000 per day.
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South Korea

GKL casino sales rise 6.6% year-on-year in January to $25.3M

Viviana Chan -
GKL posted January casino sales of $25.3 million, a 6.6 percent yearly increase driven by stable table play and strong machine revenue.
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Cambodia

AI & crypto drive Asia fraud surge as gaming scams exposed: security consultancy

Nelson Moura -
AI and crypto are fueling a surge in financial crime across Asia, warns consultancy Steve Vickers & Associates.
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