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MGM China cancels US$750m credit facility

MGM China posted a net revenue of HK$24.7bn for 2023. Macau.- MGM China has announced the termination of a MOP5.99bn (US$750m) credit facility from its majority shareholder, MGM […]

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PAGCOR CEO signs 2024 performance scorecard

Chairman and CEO Alejandro Tengco has set a gross gaming revenue target of PHP336.38bn. The Philippines.- Philippine Amusement and Gaming Corporation (PAGCOR) chairman and CEO Alejandro Tengco and governance […]

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Queensland passes gambling reforms

The bill includes mandatory ID checks, cash limits and a code of conduct. Australia.- The Queensland Parliament has passed the Casino Control and Other Legislation […]

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Thailand: 5 arrested over ilegal poker

Police arrested four Russian nationals and one Ukrainian. Thailand.- Thailand.- Four Russians and one Ukrainian have been arrested for allegedly playing poker in Ratsada, north […]

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Moody’s upgrades MGM China credit outlook

The company’s senior unsecured notes rating has been affirmed at B1. Macau.- Moody’s Investor Services has upgraded MGM China’s credit outlook from negative to stable. The company’s senior unsecured […]

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300 arrested for illegal gambling in Thailand

Authorities in the Bang Yai raided a warehouse. Thailand.- Police have arrested 300 people for alleged illegal gambling at the Provincial Administration Department in Bang Yai district, […]

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Thai casino legalisation bill to be discussed on March 28

The bill would create a regulatory body. Thailand.- Deputy finance minister Julapun Amornvivat has announced that the lower house at Thailand’s National Assembly will deliberate on a […]

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PAGCOR to lower rates for electronic games operators from April 1

The regulator hopes to attract more operators and increase its licensing and regulatory revenues. The Philippines.- Philippine Amusement and Gaming Corporation (PAGCOR) chairman and CEO Alejandro Tengco has revealed […]

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ACMA blocks 8 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 requested that Australian internet service […]

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Singapore police probe alleged illegal horse betting

Singapore police are investigating six men aged 63 to 77. Singapore.- The Singapore Police Force is investigating six people, aged between 63 and 77, suspected […]