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Macau chief executive won’t run for second term

Ho Iat Seng cited health concerns. Macau.- Macau’s chief executive (CE), Ho Iat Seng, has announced that he will not seek re-election due to health reasons. […]

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Moody’s assigns stable outlook to Melco units

Analysts forecast earnings recovery and improved financial leverage. Macau.-Moody’s Investors Services has assigned a stable outlook to Melco Resorts Finance and Studio City Finance. It […]

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IPI aims to sell hotel casino and other assets

Imperial Pacific International has requested court approval for a sale to Loi Lam Sit. Northern Mariana Islands.- Imperial Pacific International (IPI) has requested approval from […]

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SkyCity posts full-year net loss of US$88.23m

The company reported revenue of NZ$928.5m. New Zealand.- SkyCity Entertainment Group has shared its financial results for the fiscal year 2024. The company posted a net loss […]

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China: 252 arrested for alleged illegal money exchange

Macau extradited 57 suspects. China.- Some 252 alleged unlicensed currency traders have been arrested in a joint operation by police in China’s Jiangxi and Guangdong […]

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ACMA blocks 4 more offshore gambling websites

The Australian regulator has blocked the websites under the Interactive Gambling Act 2001. Australia.- The Australian Communications and Media Authority (ACMA) has ordered internet service providers to block […]

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Japan to investigate offshore online casino operations

The National Police Agency will investigate operators of online casinos targeting Japanese people. Japan.- The National Police Agency plans to investigate offshore online casinos. The […]