Casino Destinations

MGM Osaka Casino Looking to Make $4 Billion in Revenues Upon the 2030 Launch

As Asian Gaming Brief (AGB) reports, the analysts of financial service company Morningstar estimate that the $10 billion Osaka resort operated by casino giant MGM has the potential to outperform Las Vegas Sands...

Raffles at Galaxy Macau Soft Opening on August 16, 2023

As GGRAsia reports, top-tier casino corporation Galaxy Entertainment Group announced a soft opening of its newest hotel brand Raffles at Galaxy Macau on 16 August. The soft opening will reportedly represent an ...

Morgan Stanley: Macau Earnings to Reach 69% of 2019 Levels in Q2 2023

As Inside Asian Gaming (IAG) reports, banking group Morgan Stanley expects that the earnings before interest, tax, depreciation, and amortization (EBITDA) of the Macau industry will reach US$1.6 billion in the ...

Mohegan Recruiting Ahead of the Inspire Resort December Launch in South Korea

The US gaming operator and integrated resort developer, Mohegan Gaming and Entertainment, held a recruitment event on June 20, 2023 in southern Seoul to make the first selections for its Inspire Entertainment R...

Star Wins NSW Tax Deferral and Loses Charter Hall From the Brisbane Deal

The New South Wales (NSW) Government has postponed the announced tax increase on gaming revenue for the Star Entertainment's Sydney casino less than a fortnight before the start of the new tax rate implementati...

Alliance Global Group To Consider Plans To Expand Casino Operations Outside Metro Manila

On June 15, Alliance Global Group Inc. (AGI), the Philippines-based conglomerate owned by billionaire Andrew Tan, has revealed that it will consider plans to extend its casino operations outside Metro Manila. T...

Macau Legend Sells Savan Legend Casino To Focus On Macau Business

Recently, Macau Legend Development Ltd., the investment holdings company that owns the Macau Fisherman’s Wharf zone and manages the Legend Palace satellite casino, announced that it has struck an initial agreem...

Macau Tax Revenue Increases 15% in May, Contributes 79% to Total Region’s Income

Inside Asian Gaming reports that the Macau government collected MOP$5.7 billion (US$706 million) in gaming tax revenue in May 2023. The source also transfers the data from the Financial Services Bureau reportin...

Success Universe Group To Renovate Floating Casino Macau Palace In Its Future Expansion

Success Universe Group, the investor and operator of Macau's Ponte 16 casino, revealed on June 9th that it's currently in the midst of discussions with the government about its future expansion plans, which wil...

Pagcor Bans New Offshore Operators After Recent Misconduct Warning

Following the recent gaming license, and provisional accreditation cancellations of offshore gaming hubs in the Clark Freeport Zone by the Philippine gaming regulator, the Clark Development Corporation (CDC) ha...

Blackstone Planning Extensive Investments to Upgrade Crown Melbourne Resorts

Following the recent $9 billion acquisition of the Crown Resorts, the New York-based real-estate giant Blackstone is planning a major investment in the the casino and hotel operations in the Melbourne site to m...