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Macau: May GGR could be up 6% sequentially, analysts say

CLSA forecasts gross gaming revenue of MOP19.7bn (US$2.45bn). Macau.-  Jeffrey Kiang and Leo Pan at CLSA have predicted that Macau’s casino gross gaming revenue (GGR) for May will […]

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Wynn’s UAE IR to open in early 2027

Wynn Resorts says the IR’s 300-metre tower will be topped off in the fourth quarter of 2025. United Arab Emirates.- Wynn Resorts has issued a press release […]

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Citigroup notes 144 per cent rise in Macau wagers

Citigroup has completed its monthly survey. Macau.- A survey conducted by Citigroup on May 3 observed HK$17.7m (US$2.3m) worth of bets. The figure was up […]

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Senator Gatchalian urges probe into illegal workers

Gatchalian has urged the Senate to investigate the foreign nationals in gated communities suspected of involvement in gambling. The Philippines.- Senator Sherwin Gatchalian has called for a […]

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TurboJET to offer Macau ferry-plus-show tickets

The ferry operator aims to boost passenger numbers. Macau.- Wong Man-chung, business and services director at TurboJET, says the company has begun a collaboration with Macau […]

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India: 22 arrested for alleged illegal gambling

Gambling operations were allegedly running in a five-star hotel. India.- Police in New Delhi have arrested 22 people for alleged involvement in illegal gambling. Five of those […]

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AGEM Index down 9% in April

Two of the 12 AGEM Index companies saw stock price increases in April. Asia.- The AGEM Index decreased by 109.86 points to 1,109.06 in April 2024. That’s a 9 per […]

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Suntrust extends deadline for Westside City casino funding

There has been a delay in obtaining a permit from the Philippines Securities Exchange Commission. The Philippines.- Suntrust Resort Holdings has extended the closing date on a […]

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Philippines GGR to grow at least 15% this year, analysts say

Maybank Securities says growth will be mainly driven by the domestic mass and slots market. The Philippines.- Maybank Securities has forecast a 15 per cent increase in gross […]

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Macau GGR to reach US$2.5bn in May, analysts say

Citigroup predicts that GGR will reach 77 per cent of pre-Covid-19 levels. Macau.- Analysts at Citigroup have forecast that Macau’s gross gaming revenue (GGR) will […]