Economy/Finance

Macau Gaming Forecasts Upgraded With Strong Momentum Through 2026

Investment bank Jefferies has revised its expectations for Macau’s casino industry, lifting its 2025 gross gaming revenue (GGR) forecast to MOP248 billion (US$31.8 billion). This marks a significant increase fr...

PAGCOR Reports PHP69 Billion Online Gaming Revenue, Pledges Crackdown on Illegal Sites

The Philippine Amusement and Gaming Corporation (PAGCOR) has underscored the crucial role of licensed online gaming in supporting the government’s budget priorities, while raising alarms over the risks posed by...

Delta Corp Halts Integrated Resort-Casino Project in Goa Amid GST Concerns

Delta Corp, a prominent Mumbai-based gaming and hospitality firm, has announced a temporary halt on its ambitious Rs 2,000-2,500 crore integrated resort-cum-casino township in Goa, India. The decision stems fro...

Billionaire Developer Sues Star Sydney for $37 Million Over Gambling Losses

A high-profile billionaire property developer from China has initiated legal action against Star Sydney, seeking A$57 million (approximately US$37 million) in compensation for his gambling losses. Phillip Dong ...

Travellers Reclaims Manila’s Westside City Casino Project

Travellers International Hotel Group Inc., a unit of Andrew Tan’s Alliance Global Group, has moved to take the lead in developing the $1.25 billion Westside Integrated Resort in Manila’s Entertainment City. The...

Wynn Resorts Upgraded as UAE and Macau Fuel Optimism

Wynn Resorts (NASDAQ: WYNN) saw a modest rise in its stock price on Thursday, August 28, after Wall Street analysts signaled growing confidence in the company’s long-term growth. UBS analyst Robin Farley raised...