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LATEST NEWS

LATEST NEWS

Delta Corp halts $2.75B Goa resort project over proposed 40% casino GST

Delta Corp halts $2.75B Goa township over proposed 40 percent GST, threatening 10,000 jobs and tourism, pending clearer tax framework from government.

Wynn Macau completes full redemption of $1B senior notes due in 2026

With $1B 2034 notes at 6.75 percent, Wynn Macau retires $1B 2026 notes early, enhancing flexibility, plans Hong Kong exchange delisting by September 11th.

South Korea’s Paradise Co. reports 11.7% revenue increase in August

Paradise Co.'s August revenue hits $62.9M, up 11.7% yearly, driven by strong table game performance despite the gaming machine decline.

Sands China secures 24% mass gaming share in 2Q25: UBS

Macau’s mass gaming led by Sands China at 24% in 2Q25; sector-wide non-gaming revenue grows 4% to $1.19B, with Galaxy leading growth.

PAGCOR clarifies hacked NDRP contains government officials, not gambling addicts

PAGCOR clarifies hacked NDRP wrongly described as addicts’ database, stressing it mainly covers government officials already banned by law.

Macau’s FY25 GGR could increase by over 8%: analysts

Brokerages see Macau’s GGR rising by more than 8% in 2025 as visitation climbs, consumer spending strengthens, and travel demand recovers.

Hong Kong Jockey Club sees record high sports betting in financial year, anticipates legal basketball wagering

The Hong Kong Jockey Club saw an impressive financial year ending June 30th, as total wagering and lottery turnover increased by 5 percent yearly to $41.08 billion.

Moody’s affirms ratings for Melco group subsidiaries and ‘stable’ outlook

Ratings agency Moody’s has affirmed its ratings for companies in the Melco group, noting that their outlook is stable.

Jeju Dream Tower posts 30.5% YoY revenue gain amid record August visitation

Korean gaming operator Jeju Dream Tower saw a 30 percent increase in revenue in August, as visitation hit a record high.

Suntrust handing over the reins of its Westside City project under new ‘strategic working arrangement’

Suntrust Resort Holdings is apparently handing over the reins of the development and operation of its billion-dollar Westside City integrated resort in Entertainment City in Manila.

UPCOMING INDUSTRY EVENTS

Asia Gaming News | AGB - Asia Gaming Brief
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