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LATEST NEWS

LATEST NEWS

Macau GGR per visitor falls 20% MoM in February amid CNY-driven non-gaming influx: CreditSights

Macau saw record visitor inflows during CNY, but GGR per visitor dropped 20% as more non-gaming tourists diluted spending levels.

NagaCorp cash pile to hit $726M by 2028: CLSA

Improving margins, disciplined spending, and tourism recovery are expected to drive NagaCorp’s cash to $726M by 2028, CLSA notes.

PH authorities investigating complaint of illegal farmland transfer to POGO

Philippine authorities investigating complaint over alleged illegal farmland transfer in Bataan to POGO.

Macau Legend expecting $200M loss for FY25, following closure of satellite casino

Former satellite casino operator Macau Legend is expecting a near-$200 million loss for FY25, after its gaming operation shuttered last year.

Sportradar launches ‘hybrid’ iGaming brand Playradar, with table games, arcades, slots, and virtual sports

Sportradar launches its own iGaming brand, Playradar, providing hybrid sports/casino content.

MGM China unveils 100% card recycling system, handles 3,000 tons yearly

MGM China launches Macau’s first fully localized card recycling system, processing 3,000 tons annually with a 100 percent recycling rate.

Macau gaming revenue set for 12% YoY rise in March: Citigroup

Citigroup forecasts March gaming revenue will reach $2.74 billion, up 12 percent yearly, as events and steady mass play help sustain momentum.

RWS 2.0 set to reshape demand profile at Resorts World Sentosa: Chairman

Genting Singapore positions RWS 2.0 as a multi-year transformation to broaden demand and attract a wider visitor base from 2026 onward.

Wynn Macau upgraded on strong dividend yield and disciplined strategy

Morgan Stanley upgrades Wynn Macau on strong cash returns, steady dividends, and improving share trends despite slower GGR growth outlook.

Macau issues Level 1 travel alert for UAE, Qatar, Saudi Arabia, Bahrain, Jordan, and Oman

Macau's government issues Level 1 travel alert for numerous countries in the Middle East due to the ongoing conflict.

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Asia Gaming News | AGB - Asia Gaming Brief
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