Poker
November 10, 2022
APT Returns to Newport World Resorts in Manila
Newport World Resorts in Manila, the Philippines, will play host to the penultimate event for the Asian Poker Tour this year, which will feature 13 days of intense play, reuniting some of the regional heavyweights. The APT event is a precursor to the last event on the APT is scheduled for December and will be […]
Sports
November 9, 2022
FUN88 Brings Ilker Casillas as World Cup 2022 Ambassador
FUN88, a sports betting operator which focuses on Asian markets, has announced that it’s adding Spanish captain Ilker Casillas as its new brand ambassador ahead of the FIFA World Cup 2022 in Qatar, which will be held from November 20 through December 18. The company sees this as an important milestone which will help the […]
Legal
November 8, 2022
Alvin Chau Case Soon to Be Closed with Final Arguments Already Scheduled
Macau judicial authorities are aiming to close the case revolving around the ex-CEO and founder of Suncity Group Alvin Chau, scheduling the hearing of the final arguments from the defendants and prosecution for November 21. Macau Judge in a Hurry to Close Chau Case It seems like the judge responsible for the criminal lawsuit against […]
Industry
November 7, 2022
Macau Sets GGR Target for 2023 at $16B
The Specia Administrative Region government of Macau has submitted its forecast for next year’s budget. According to the local government, Macau should be able to generate around MOP$130 billion ($16 billion) in gross gaming revenue, or so the Legislative Assembly expects as per the latest submission by the government. It’s also the exact same amount […]
Business
November 4, 2022
APE to Help Jade Entertainment Secure Macau Footprint
Asia Pioneer Entertainment (APE) and Jade Entertainment have entered a new partnership that will allow both companies to benefit and expand their product offerings in Macau. Effectively, APE will deploy its advanced services and technical support with Jade Entertainment. Jade Entertainment founder and CEO Joseph Pisano welcome the opportunity to establish this fresh partnership between […]
Industry
November 1, 2022
Reintroduction of Chinese eVisas Bode Macau Gambling Industry Recovery
According to an analysis by JPMorgan, positive EBITDA for Macau casino operators could be expected in December, following China’s National Immigration Administration (NIA) announcement that on November 1 it is going to introduce new electronic visas for mainland residents that want to visit Macau. Resumption of eVisas Will Probably Bring Casino Operators to Positive EBITDA […]
Industry
November 1, 2022
Philippines Now Done With Masks, Almost
The Philippines has dispensed with the mandatory requirement for face masks with an Executive Order signed by President Ferdinand Marcos Jr. This is part of the country’s plans to revitalize tourism and bolster the economy, which has taken a serious hit due to the pandemic. With visitor numbers falling, President Marcos Jr. wants to signal […]
Industry
November 1, 2022
No Irregularities around Suncity Were Found, DICJ Head Testified
Macau’s Court of First Instance dealing with the case against former Suncity boss Alvin Chau and 20 other defendants heard Monday that the city gaming regulator had found no irregularities during its past checks of the finances of the junket operator. Cross-Checking with Concessionaires Chau and the others were indicted with illegal gambling activities, running […]
Business
October 31, 2022
SJM Reports Drop in Net Gaming Revenue for Q3
Owner, operator, and developer of integrated entertainment reports and casinos in Macau SJM Holdings Ltd has published the financial results for the third quarter of 2022 along with a series of selected unaudited key performance indicators for the nine months that ended 30 September. The parent company of concession holder SJM Resorts has reported a […]
Industry
October 31, 2022
PAGCOR Continues to Defy Opposition and Posts Record Revenue
Amid calls to change the structure and reach of PAGCOR, the Philippines gaming regulator and gaming operator, the watchdog has been able to defy criticisms demonstrating, time and again, that it’s a force for good in the economy and that under its control, the gambling industry continues to be an important driver of revenue. While […]
