Economy/Finance

Bill Proposal to Limit Macau Gaming Credit Facilities Through Penalty Scheme

The Macau SAR Government proposed a bill that would make concessionaires the sole entities authorized to issue gaming credits. As Inside Asian Gaming reports, the bill would prohibit casino management companies...
ph group

PH Resorts Group Continues Negotiations with Investors for IR Project in Cebu

Udenna Group’s subsidiary for the gaming and hospitality industry, PH Resorts Group, is planning to continue the development of its new integrated resort project, which will be situated in Cebu. Negotiations...
article placeholder

Australian Federal Government to Ban Credit Cards For Online Gambling

The Australian federal government announced the new legislation that will ban the use of credit cards for online betting. According to The Adviser, the government's regulatory move will be taken t...

Macau’s GGR In April Highest In A Long Time; Record Number Of Visitors For Golden Week

During April, Macau's gross gaming revenue (GGR) was MOP14.72 billion, which is approximately 1.83 billion US dollars. Furthermore, it grew by 15.6% from MOP12.74 billion in March. Best monthly performance i...

Points Bet Discussing Its North American Business Sale

The source reports that Australian sports betting operator PointsBet confirmed that the company is currently discussing the sale of its North American operations with ''multiple parties.” Three Interested En...
kindred

Kindred Reviews Its Strategic Alternatives to Increase Shareholder Value

Kindred Group plc's Board of Directors decided to make some changes in terms of strategic alternatives so the shareholder value would be increased. Merger or selling as possible solutions: Kindred is famo...

Aristocrat Opens First Dedicated Gaming Showroom in Manila

Australian gaming machines and iGaming innovator, Aristocrat Leisure Ltd, reportedly opened “the first dedicated gaming showroom” in the Philippines. As GGRAsia reports, the gaming facility is part of Aristocra...

Pagcor Doubled Net Income in Q1 on 50% Revenue Growth

The Philippine Amusement and Gaming Corporation, PAGCOR, the Philippine gaming regulator, reported that its net income for the first quarter of 2023 amounted to approximately PHP1.34 billion (US$24.0 million). ...