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Tariff Tensions Stir Uncertainty for Macau’s Gaming Sector

April 14, 2025

Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau

Escalating trade hostilities between the United States and China are rattling the financial markets tied to Macau’s gaming industry, even as the sector’s fundamentals remain resilient. Financial research firm C...

APT Manila 2025 Canceled: What’s Next for the Asian Poker Tour?

Vanja Mitic

March 27, 2025

Taiwan, Latest Casino and Gambling News, Poker Tournaments, Casinos of the Philippines, Gaming Industry News, Poker, The Players Lounge, Asian Casino News, Philippines, South Korea

The Asian Poker Tour (APT) has announced that the APT Manila 2025, initially scheduled to take place from May 30 to June 8, 2025, at City of Dreams Manila, has been canceled. This decision has been met with dis...

Sands China Declares First Dividend Since 2019

Johnny K.

February 24, 2025

Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Hong Kong, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

Sands China Ltd has officially reinstated dividend payments for the first time in five years, announcing a final dividend of HKD 0.25 (USD 0.032) per share for the financial year ending December 31, 2024. The d...

MGM Resorts Prepares for Ground Breaking Ceremony on Japan’s First Casino in Osaka

Johnny K.

February 14, 2025

Casino News, Latest Casino and Gambling News, China, World Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Macau, Asian Casino News, Financial Press Releases

MGM Resorts International and its partners have officially begun work on Japan’s first casino-integrated resort in Osaka. The groundbreaking ceremony for the ambitious project will take place on April 24, marki...

Asian Poker Tour Announces 2025 Festival Schedule With Exciting Events

Johnny K.

February 6, 2025

Taiwan, Latest Casino and Gambling News, Cambodia, Poker Tournaments, World Casino News, Poker, Asian Casino News, Philippines, South Korea

The Asian Poker Tour (APT) has officially unveiled its 2025 festival calendar, promising a series of high-stakes tournaments across key Asian locations. The tour, sponsored by Natural8, will feature five major ...

Macau Hits Record Post-Pandemic Tourist Arrivals During Chinese New Year

Johnny K.

February 3, 2025

Taiwan, Latest Casino and Gambling News, World Casino News, China, Gaming Industry News, Hong Kong, Economy/Finance, Asian Casino News, Macau

Macau experienced a surge in visitor numbers during the Chinese New Year (CNY) period, with January 31, the third day of the holiday, marking the highest single-day arrivals since the pandemic. Public Security ...

China’s Supreme Court Cracks Down on Cross-Border Gambling Syndicates

Vanja Mitic

January 21, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, China, Unsavory reports, World Casino News, Gaming Industry News, Unlicensed Operation, Asian Casino News, Crime

China's Supreme People's Court (SPC) has reinforced its commitment to combating cross-border gambling, urging stricter penalties for those involved in organizing illicit gambling activities abroad. The court's ...

China Strengthens Cooperation with ASEAN to Combat Online Gambling and Telecom Fraud

Vanja Mitic

January 17, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Unsavory reports, China, Online gambling regulation, Gaming Industry News, Mobile gaming, Money Laundering, Employment & Careers, Online Gambling News, Crime, Financial Fraud

In a strategic effort to address growing regional security concerns, China has pledged to deepen cooperation with the member states of the Association of Southeast Asian Nations (ASEAN) to combat the rise in on...

Macau’s 2024 Gaming Revenue Rebounds, Exceeding Government Projections

Johnny K.

January 2, 2025

Latest Casino and Gambling News, World Casino News, China, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

Macau’s casino industry demonstrated significant recovery in 2024, with gross gaming revenue (GGR) reaching MOP226.78 billion (US$28.34 billion), a 23.9% increase from the previous year. This growth reflects th...

China and Macau Intensify Crackdown on Illicit Foreign Exchange Syndicates

Johnny K.

December 14, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, China, World Casino News, Gaming Industry News, Money Laundering, Unlicensed Operation, Macau, Asian Casino News, Crime, Financial Fraud

Mainland China and Macau have joined forces to crack down on illegal foreign exchange operations and related crimes, dismantling 263 syndicates and identifying illicit funds exceeding RMB800 billion (approximat...

MGM China Sees Q3 Revenue and EBITDAR Growth as Macau Rebounds

Johnny K.

October 31, 2024

Casino News, Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

In the third quarter of 2024, MGM China Holdings Ltd. announced impressive financial results that reflect the steady resurgence of Macau’s gaming industry. The Macau-based subsidiary of MGM Resorts Internationa...

Sam Hou Fai Elected as Macau’s New Chief Executive, Pledging Economic Diversification

Johnny K.

October 14, 2024

Latest Casino and Gambling News, Casino News, World Casino News, China, Gaming Industry News, Asian Casino News, Macau

In a landmark election, Sam Hou Fai has been elected as Macau’s new Chief Executive, receiving an overwhelming 98.99% of the vote. The 62-year-old, who previously served as Macau’s top judge, secured 394 of the...

Spending of Macau High Rollers Accelerates in 2024: Citigroup Report

Johnny K.

September 23, 2024

Casino News, Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News

According to a recent report from Citigroup, Macau’s premium mass gaming segment, particularly the spending behavior of high rollers, also known as "whales," is showing notable acceleration in 2024. The investm...

Taiwanese Businessman’s $188M Gambling Debt to Alvin Chau Revealed

Johnny K.

September 20, 2024

Latest Casino and Gambling News, Taiwan, World Casino News, China, Asian Casino News, Crime, Bribery, Financial Fraud

In a twist of financial and legal intrigue, Taiwanese businessman Sheen Ching-Jing has reportedly accumulated a massive NT$6 billion (approximately MOP1.52 billion/US$190 million) in gaming debts to Alvin Chau,...

Chinese Football Association Levies Lifetime Bans on 43 Individuals Over Match-Fixing and Corruption

Johnny K.

September 11, 2024

China, World Casino News, Illegal Bookmaking, Sports betting, Online Gambling News, Asian Casino News, Crime

The Chinese Football Association (CFA) has issued life bans to 43 individuals involved in a widespread match-fixing and corruption scandal, in one of the country's most significant football investigations to da...

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Tariff Tensions Stir Uncertainty for Macau’s Gaming Sector

APT Manila 2025 Canceled: What’s Next for the Asian Poker Tour?

Sands China Declares First Dividend Since 2019

MGM Resorts Prepares for Ground Breaking Ceremony on Japan’s First Casino in Osaka

Asian Poker Tour Announces 2025 Festival Schedule With Exciting Events

Macau Hits Record Post-Pandemic Tourist Arrivals During Chinese New Year

China’s Supreme Court Cracks Down on Cross-Border Gambling Syndicates

China Strengthens Cooperation with ASEAN to Combat Online Gambling and Telecom Fraud

Macau’s 2024 Gaming Revenue Rebounds, Exceeding Government Projections

China and Macau Intensify Crackdown on Illicit Foreign Exchange Syndicates

MGM China Sees Q3 Revenue and EBITDAR Growth as Macau Rebounds

Sam Hou Fai Elected as Macau’s New Chief Executive, Pledging Economic Diversification

Spending of Macau High Rollers Accelerates in 2024: Citigroup Report

Taiwanese Businessman’s $188M Gambling Debt to Alvin Chau Revealed

Chinese Football Association Levies Lifetime Bans on 43 Individuals Over Match-Fixing and Corruption

New Jersey Councilman, Lucchese Crime Members Among 39 Charged in Gambling Ring

Lawrence Ho Speaks on Satellite Casino Shift as Macau’s Transition Deadline Approaches

MGCB Cracks Down on Unlicensed Sports Prediction Platforms

KSA Reports Lower Losses After New Dutch Gambling Rules

Workers Strike at Caesars Southern Indiana After Talks Stall