The Thai government recently announced the official launch of an overseas employment program, providing opportunities for domestic workers to work in the Macau Special Administrative Region of China.According to Deputy Government Spokesperson Karom Polpornklang, the project is managed by the Employm
A recent police action against a group alleged to have been running illegal money exchange operations in eight Macau jewelry shops could negatively impact the city’s mass and premium mass gaming segments due to multiple casino hosts being caught up in the incident, according to Macquarie Equity Rese
U.S. President Trump announced the imposition of tariffs on goods from multiple countries, including 46% on Vietnam, 36% on Thailand, 25% on South Korea, 26% on India, and 31% on Switzerland, causing unrest in global markets. Against this backdrop, the prices of Bitcoin and other major cryptocurren
According to the latest list published by the Macau Official Gazette, this year 26 gaming machine manufacturers or distributors have been approved to supply gaming machines in Macau, one more than in 2024.This year's list includes a number of well-known companies that have been operating in Macau fo
Macau’s visitor numbers have been rapidly racing back to pre-pandemic levels in the two years since borders reopened, but according to financial research group CreditSights it will likely prove difficult for average GGR per visitor to do the same.In a note preceding this weekend’s release of Macau g
J.P. Morgan increased its December 2025 price target of Wynn Resorts stock to $117 after the operator reported stronger than anticipated fourth-quarter results.The stock, which closed at $90.76 on Friday, got praised by the Wall Street firm, which noted that property-level EBITDAR was 11% higher tha
Macau's Gaming Inspection and Coordination Bureau (DICJ) has named a new deputy director, set to take on the role from next Monday. Labor affairs veteran Lei Seak Chio will join the gambling regulator after serving as occupational health and safety chief. Lei Seak Chio is stepping into the shoes of
The main reason behind this transformation has been the Chinese government’s business drive. For several years now, they have recognized the financial potential of the gambling industry and have encouraged investment and development. Anyone visiting Macau 10 years ago would have seen a very differen
Macau casinos' shrinking gross gaming revenue (GGR) may be a wake-up call, suggesting performance has hit a ceiling, and requiring new catalysts to stimulate growth.Tourism's comeback from the COVID scourge heralded a potential renaissance for Macau's economic growth. Improved transportation infrast
Macau welcomed a total of 1,309,595 visitors during this year’s eight-day Chinese New Year Golden Week, a decrease of about 3% compared to last year.According to provisional figures released by the Public Security Police Force, the number of visitor arrivals on the last day of Golden Week on Tuesday
Aristocrat Gaming on Tuesday released NFL Triple Score, the newest game in its NFL Slots franchise. The game is on the Mars Portrait cabinet and is available for immediate installation.NFL Triple Score is modeled after the Bao Zhu Zhao Fu family and combines two mechanics into one. A multi-denominat
Following the success of the 2024 event, which marked its fifteenth successful year, the G2E AsiaandAsian IR Expowill return to Macau from May 7-9, 2025 at the Venetian Macao. "With strong support from the Macao SAR government and key industry players, the event will once again foster growth and inn
MGM China should report Adjusted EBITDA of around HK$2 billion (US$250 million) for the December 2024 quarter, representing a 5% quarter-on-quarter increase and continuing its post-COVID momentum, according to investment bank Jefferies.Gross gaming revenue is also tipped to grow by 7% quarter-on-qua
DraftKings outlook tweakedAnalyst Joseph Greff of J. P. Morgan on January 2 looked at DraftKings’ prospects for 2025.“We are tweaking our 4Q24 net revenue and EBITDA estimates lower to $1.375 billion and $68 million (from $1.525 billion and $168 million), which contemplates another unfavorable stret
180 Life Sciences to Raise $2.9M as It Shifts Focus to iGaming180 Life Sciences Corp. has set the price for its $2.9 million securities offering to raise funds through direct stock sales and private warrant placements. The biotech company, which is shifting more towards entertainment and online gami
180 Life Sciences to Raise $2.9M as It Shifts Focus to iGaming180 Life Sciences Corp. has set the price for its $2.9 million securities offering to raise funds through direct stock sales and private warrant placements. The biotech company, which is shifting more towards entertainment and online gami