The Cagayan Economic Zone Authority (CEZA) has been reminded that it, alongside other special economic zones, are not exempt from the Philippine Offshore Gaming Operator (POGO) ban.

Macau

Macau GGR to grow 8% in 2025, backed by increasing travel spending: Goldman Sachs

Viviana Chan - January 3, 2025

Goldman Sachs projects an 8 percent year-on-year growth in Macau’s gross gaming revenue (GGR) for 2025, driven by continued strong travel spending from Chinese tourists.

Philippines

Philippines: “intensified manhunt” for over 11K remaining foreign POGO workers, warnings issued

Kelsey Wilhelm - January 3, 2025

Authorities in the Philippines are now on a "manhunt" for over 11K foreign POGO workers, with further warnings to deter support for illegal operations.

Philippines

Philippines fails to archive tourist target, with 5.4M visitors in 2024

Viviana Chan - January 3, 2025

The Philippines welcomed just over 5.4 million international visitors in 2024, falling short of its target of 7.7 million international arrivals for the year.

Philippines

Suntrust appoints new CFO after executive resigns

Nelson Moura - January 3, 2025

Suntrust Resort Holdings has announced the appointment of Yip Ho Chi as its new Chief Financial Officer.

South Korea

Grand Korea Leisure sees 4.6 percent rise in casino sales in December m-o-m

Kelsey Wilhelm - January 3, 2025

Korean foreigner-only casino operator Grand Korea Leisure saw a 4.6 percent rise in its casino sales in December of 2024, and a 10.7 percent yearly rise during the month.

Philippines

PAGCOR warns public about deepfake video advertising fake gaming app

Frank Schuengel - January 3, 2025

The Philippine Amusement and Gaming Corporation (PAGCOR) has flagged a misleading Facebook video promoting a fake online gaming platform, PH888.COM, which falsely claims to be licensed by the agency.

South Korea

Mohegan INSPIRE faces potential loan defaults amid operational challenges

Viviana Chan - January 2, 2025

The slower-than-expected ramp-up of the $1.6 billion Mohegan INSPIRE is raising concerns about the company’s financial stability. Potential loan defaults suggest deeper operational issues.

Macau

Macau GGR in 2025 could surpass gov’t estimates, topping $31 billion: experts

Kelsey Wilhelm - January 2, 2025

Experts say that the ongoing growth in tourist numbers could help push Macau’s gross gaming revenue in 2025 to MOP250 billion ($31.2 billion), beyond government estimates.

Singapore