23.9 C
Macao
Monday, November 17, 2025
TAGDaily ebrief

LATEST EDITION

Daily Asia Gaming eBrief: Wynn Al Marjan: A game-changer for UAE’s tourism

Building anticipation. Wynn Resorts' upcoming integrated resort in Ras Al Khaimah, opening in 2027, is drawing favorable credit market attention for its potential to diversify revenue, enhance cash-flow resilience, Kyle Owusu, Director of Credit Research at Octus, told AGB. Meanwhile, advisors have rejected Genting Bhd's $0.50 per-share offer to privatize the casino operator, deeming it "not fair" or "reasonable," as it significantly undervalues Genting Malaysia's estimated price range. As for Macau Legend, it has now called an extraordinary general meeting to seek shareholder approval for a sweeping corporate overhaul.

PREVIOUS EDITIONS

LATEST NEWS

China warns citizens not to travel to Japan, due to PM’s Taiwan comments

China has advised its citizens to avoid traveling to Japan, claiming a worsened environment for personal exchanges and a ‘significant risk to the personal safety and lives of Chinese citizens’.

Anti-scam push brings US and China onto common ground: analysts 

US and China find rare alignment as both push Southeast Asia to curb expanding online scam networks driven by trafficking and transnational crime.

Far East Consortium reveals $35.3M loan structure supporting Star Group deal

The Star's Queen's Wharf Brisbane partner has outlined the funding structure for its exit from the the project, with calculations based on a five-year ramp-up of the casino.

India’s real-money gaming industry loses over $840M amid regulatory limbo: report

Regulatory limbo and steep GST charges have pushed India’s RMG industry into a $1.2B crisis, with 7,000 jobs lost and major firms writing down assets.

Thai economy shrinks 0.6% in 3Q25, 2025 growth outlook held at 2%

Thailand’s economy contracted 0.6 percent quarterly in the 3Q25, with annual growth slowing to 1.2 percent from 2.8 percent in 2Q25.

Macau Grand Prix draws 116K spectators: official

The Macau Grand Prix saw some 116,000 spectators this year, helping to boost Macau’s tourism, hotel occupancy, and overall expenditure.

Hotel demand from National Games athletes caused slight softening in Macau GGR: Citigroup

Citigroup says Macau’s mid-November GGR softened slightly as National Games athletes occupied hotel rooms, reducing average player stays and spending.

Okura placing new shares to purchase new pachinko/pachislot machines and update halls

Japanese pachinko operator Okura Holdings has announced that it is updating the share price on the 120 million new shares it is placing and has extended the placing agreement to December 1st.

Macau Legend seeks shareholder approval to shift domicile to Bermuda, overhaul capital structure

Macau Legend Development has called an extraordinary general meeting (EGM) for December 2nd to seek shareholder approval for a sweeping corporate overhaul

Light & Wonder now solely listed on the Australian Securities Exchange

Light & Wonder's sole listing on the ASX projected to drive further increases.

UPCOMING INDUSTRY EVENTS

UPCOMING INDUSTRY EVENTS

Asia Gaming News | AGB - Asia Gaming Brief
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.