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LATEST NEWS

LATEST NEWS

Cambodian casino group Prince Group at the center of major US-UK cybercrime sanctions

Cambodian casino group Prince Group has been accused of running vast online scam operations and human trafficking rings and has been hit with sweeping US and UK sanctions.

Lag in VIP play causes Okada Manila revenue in 3Q25 to drop

Universal Entertainment, the operator of Manila's integrated resort Okada Manila, has announced that its third-quarter results are excelling, particularly driven by an uptick in VIP.

US seizes billions in Bitcoin from Cambodian businessman accused of fraud schemes

US authorities have announced that they have conducted the largest forfeiture action in the history of the Justice Department, seizing some $15 billion in Bitcoin from a Cambodian businessman.

Osaka plans new leisure facilities around future MGM resort site after Expo 2025 closure

Osaka to redevelop Yumeshima Island into a tourism hub with MGM Osaka IR, featuring leisure zones, hotels and a preserved Expo landmark.

Genting’s $1.6B bid to take Genting Malaysia private could lift long-term value: Maybank

Genting’s $1.6B bid to privatize Genting Malaysia could unlock long-term value through US asset gains, Maybank says.

Macau’s October GGR outlook cut to 3–6% growth amid weak holiday showing: JP Morgan

Macau’s October GGR outlook slashed to 3–6% YoY growth by JP Morgan amid soft Golden Week and typhoon impact.

Ainsworth CEO Harald Neumann steps down

Just days after the Nevada Gaming Control Board pushed for Harald Neumann to withdraw an application to operate a gaming company, the executive is stepping down from his role as CEO of Ainsworth Game Technology.

Genting announces conditional $1.6B takeover offer for Genting Malaysia

Genting bids $1.6B to fully acquire Genting Malaysia, citing synergies for major global projects including New York expansion.

Light & Wonder to delist from Nasdaq, have sole listing on ASX starting mid-November

Light & Wonder has announced that it is planning to delist from the Nasdaq Stock Market and transition to a sole listing on the Australian Securities Exchange (ASX).

Gaming tax revenue in Macau up 6% to $8.78B in January–September period

Macau’s tax take from casinos increased 6% year-on-year to $8.78B in the first nine months, nearing 80% of the annual goal.

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Asia Gaming News | AGB - Asia Gaming Brief
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