Casino Destinations

Wynn Macau Ltd Hit Record EBITDAR and Generates $910 Million in Revenues in Q4 2023

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Las Vegas, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Asian Casino News, Macau, Financial Press Releases
Now that the first year of post-pandemic gambling operations has run, financial reports of Macau gambling operators indicate that the industry has fully recovered in the region. Total operating revenues of US$9...

Financial Report Finds Marina Bay Sands the Leading Gaming Brand Worth $6.16 Billion

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Online Gambling News, Asian Casino News, Macau, Financial Press Releases, Singapore
The landmark casino resort Marina Bay Sands has been rated the global leading casino brand in terms of brand value in the “Gambling 25 2024” report from the United Kingdom-based consultancy Brand Finance Plc. T...

PAGCOR Wants To Lower Fees For iGaming Operators to 35% In March, Says Tengco

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, World Casino News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Taxation, Asian Casino News, Taxes, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR), the gaming regulatory agency of the Philippines, revealed that it will lessen the fees imposed on iGaming providers to 35% in the 3rd month of this ongo...

Macau’s GGR Reaches MOP19.3bln In First Month of 2024; Second Highest Since Pandemic

Marija Malenovic
Gaming Law & Legislation, Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Asian Casino News, Licensing, Financial Press Releases
During the first month of 2024, the gaming industry in Macau continued to grow in terms of accumulated profits, with gross gaming profit (GGR) reaching MOP19.3bln, which is approximately US$2.4bln. Additionally...

Mohegan INSPIRE Entertainment Resort in South Korea Recieves Five-Star Hotel Rating, Foreigner-Only Casino to Open

Vanja Mitic
Tribal Gaming, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino News, New Hotels, Casino openings, Gaming Industry News, Casino project updates, South Korea
A casino at Mohegan INSPIRE Entertainment Resort in Incheon, South Korea, is finally about to open. After a series of obstacles and a long journey towards the opening of this foreigner-only casino, the five-sta...

Macau’s Mass Table Segment Hit 75% Market Share in Q4 2023

Radosav Milutinovic
Casino News, Deal Me In, Reviews from the Cotai Strip, Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Brick-n-Mortar Poker Rooms, Gaming Industry News, Economy/Finance, Online Poker, Poker, Macau, Online Gambling News, Asian Casino News
Since the Macau casino facilities relaunched operations in January 2023, the mass table market has been constantly growing to account for  75.2% of total table revenue in Q4 2023. The figure reportedly soared f...

PAGCOR Boosts Its Share of Income To National Government, But Lags Behind Pre-Pandemic Levels

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Taxation, Asian Casino News, Taxes, Philippines
It was recently reported that the Philippine Amusement and Gaming Corp. (PAGCOR) increased its handout to the country in the first 11 months of 2023, but it still fell short of pre-pandemic numbers. Boost: ...

2024 Philippine Gaming Industry GGR To Reach PHP336.38bln, Says Tengco

Marija Malenovic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Financial Press Releases, Philippines
CEO and President of the Philippine Amusement and Gaming Corporation (PAGCOR), aka the gaming regulator of the Philippines, Alejandro Tengco, estimates that the gross gaming income (GGR) of the Philippines this...

Number of Suspicious Transaction Records in Macau Breaks the Records

Vanja Mitic
Latest Casino and Gambling News, Casino reviews from Macau, Online gambling regulation, Gaming Industry News, Mobile gaming, Money Laundering, Economy/Finance, Macau, Online Gambling News, Financial Press Releases
The illegal transactions in the Macau casino industry are thriving, and the data that the Macau’s Financial Intelligence Office is concerning. The body released the data from 2023, and the suspicious transactio...

Curacao Bar Association Requests Gambling Bill Amendment

Radosav Milutinovic
Casino Destinations, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Caribbean Casino News, Licenses, Curaçao Casinos, Online Gambling News
The draft National Ordinance for Games of Chance (LOK) has been filed to the Parliament of Curacao to propose the alignment of country's gambling laws with international standards. As the bill anticipates that ...