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LATEST NEWS

LATEST NEWS

Macau’s former satellite casino sites see steep valuation losses: Savills

Former Macau satellite casino sites face 30–60% valuation losses after closures, with gaming-dependent businesses seeing the steepest declines.

Australian financial watchdog orders audit of payments firm Airwallex

Australian financial watchdog orders external audit of Airwallex following AML/CTF concerns over transaction monitoring and reporting controls.

Ainsworth founder’s son extends takeover bid offer period to January 30th

Ainsworth Game Technology (AGT)’s founder and major shareholder Kjerulf David Hastings Ainsworth is opting to extend his off-market takeover bid until January 30th.

UNODC backs Cambodia’s online scam crackdown, urges global cooperation

The UNODC has praised Cambodia for its recent crackdown on online scams.

MGM Resorts bets on Asia growth as cash flow accelerates: CBRE

MGM Resorts International is sharpening its focus on Asia, with analysts highlighting Macau and Japan as key drivers of future growth and free cash flow.

Kangwon Land sees 30% drop in income for FY25 due to decrease in non-operating income

Kangwon Land has announced a 30.7 percent drop in net income for 2025, attributing the fall to ‘a decrease in non-operating income year-on-year’.

Kangwon Land revenue eyed to clear $1.67B Korea Coal debt

South Korea is weighing a plan to use 10 percent of Kangwon Land’s annual revenue over 20 years to repay Korea Coal’s $1.67 billion debt.

Chow Tai Fook sales jump as luxury jewellery demand recovers in mainland China, HK and Macau

Chinese consumer sentiment appears to be improving, with luxury jewellery giant Chow Tai Fook seeing a strong increase in sales in Macau, Hong Kong and China

Queues form outside China’s Cambodia embassy amid scam compound exits

Long queues formed outside China’s embassy in Cambodia as Chinese nationals sought help returning home after scam compounds were dismantled.

Former Japanese PM Shinzo Abe’s killer sentenced to life in prison

The killer of former Japanese Prime Minister Shinzo Abe has received a life sentence in prison for shooting the politician on July 8th, 2022.

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Asia Gaming News | AGB - Asia Gaming Brief
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