May 13, 2024 Newsdesk Latest News, Macau, Top of the deck
Macau’s casino gross gaming revenue (GGR) daily run-rate stood at MOP716.0 million (US$89.0 million) for the first 12 days of May, said JP Morgan Securities (Asia Pacific) Ltd in a Monday memo,...May 13, 2024 Newsdesk Latest News, Top of the deck, World
The government in the island nation of Cape Verde says it is in talks with Hong Kong-listed casino services firm Macau Legend Development Ltd to revert the latter’s concession to develop and...May 13, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck
China’s “strict laws against gambling, in person and online,” have “pushed organised crime groups into Southeast Asia, where they can tap this lucrative market from a safe distance...May 13, 2024 Newsdesk Latest News, Singapore, Top of the deck
“Extremely high” hold in the VIP gambling segment at Resorts World Sentosa (pictured) helped Genting Singapore Ltd’s business performance in the first quarter, but the issue of player bad debt...May 13, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck
The gambling area in any Thailand casino resort that might be built should not exceed “5 percent” of the whole project area, reported the Bangkok Post news outlet on Monday, citing the...May 13, 2024 Newsdesk Latest News, Macau, Top of the deck
China’s State Council has added eight more mainland cities to the list of places where people can apply for Individual Visit Scheme (IVS) exit visas to travel to Macau and Hong Kong. The...May 10, 2024 Newsdesk Latest News, Singapore, Top of the deck
First quarter net profit after tax rose quarter-on-quarter and year-on-year at casino operator Genting Singapore Ltd. Such first-quarter profit was SGD247.4 million (US$182.8 million), a sequential...May 10, 2024 Newsdesk Latest News, Philippines, Top of the deck
The Philippines is set to tighten this week its visa requirements for Chinese tourists, amid what the nation’s Department of Foreign Affairs said were a “high number of fraudulent...May 10, 2024 Newsdesk Latest News, Macau, Top of the deck
“Tepid” and “disappointing” were words used by some brokerages to refer to the business ramp up at Macau casino resort Grand Lisboa Palace (GLP), which opened in July 2021 amid the Covid-19...May 10, 2024 Newsdesk Latest News, Macau, Top of the deck
The Macau government collected just under MOP29.86 billion (US$3.71 billion) in fiscal revenue from taxes on gaming in the first four months of 2024, according to the latest data released on Thursday...(Click here for more)
'Leaderless’ Star not ready for
casino licence, inquiry told
The Sydney Morning Herald May 13
U.K. stakes its claims to second
spot in worldwide online gambling
Euronews May 13
Beijing’s top man on Macau
affairs set to visit casino hub
South China Morning Post May 12
”The [latest visa] policy measures are a clear indication from the Chinese government about its continued support for Macau, and no negative association with the gaming industry”
Vitaly Umansky
Analyst at Seaport Research Partners