Who is in control of the Asian gaming giant Melco Resorts & Entertainment? A deep dive into the casino tycoon's equity landscape!
Macau's gaming industry welcomes its first female leader! Wu Huixian takes over as the director of the Gaming Inspection and Coordination Bureau.
Macau's gambling industry welcomes a historic moment. The Macau Special Administrative Region Government Gazette announced that the former Director of the Administrative Public Positions Bureau, Wu Huixian, has officially taken office as the Director of the Gaming Inspection and Coordination Bureau
Macau's first-quarter gaming revenue fell short of expectations, according to the Secretary for Economy and Finance, who stated that diversification and industrial investment will be aggressively promoted.
Macau's gross gaming revenue for the first quarter of 2025 did not meet the expected targets, and the government plans to strengthen industry diversification and investment guidanceThe Director of Economy and Finance of Macau, Dai Jianye, stated in the Legislative Assembly meeting on Wednesday that
Thailand's casinos EBITDA may become Asia's number one! Malayan Bank: Tax advantages crush Macau Singapore
Thailand is quietly rising as the new star of the Asian gambling industry. According to the latest report by Maybank Kim Eng (Thailand), the EBITDA profit margin of Thai casino resorts is expected to reach 34%-49%, potentially surpassing Macau and Singapore to become the top in Asia.This significant
The Chief Executive of Macau, Ho Iat Seng, has warned that a decline in gambling taxes could impact the financial situation, urging an expansion of the tax base to address risks.
Macau Chief Executive Ho Iat Seng warned that if monthly gaming tax revenue falls below 15 billion Macau patacas, it could lead to a fiscal deficit, and emphasized the urgent need to reconsider Macau's tax structure.In his policy address, He Hui pointed out that the current fiscal model is overly de
Macau Gaming Industry Outlook Alert: JPMorgan Lowers Growth Forecast for 2025-2026
J.P. Morgan's latest report issues a warning for Macau's gaming industry, suggesting that the market's growth expectations for 2025-2026 are overly optimistic and urgently need to readjust their forecast models. The investment bank pointed out in its industry analysis report released on Tuesday that
Tariff War Affects the Gambling Industry? American Casino Giants May Be Forced to Exit the Macau Market
Escalation of Sino-US Rivalry, Macau's Gambling Industry May Become a New BattlefieldThe Sino-US trade friction continues to escalate, with confrontations in tariffs, technology, and finance becoming increasingly intense. Recent news indicates that Beijing might adopt stricter countermeasures, inclu
Macau Online Gambling Regulatory System: The World's Strictest Compliance Benchmark in Three-Dimensional Construction
As a model of the global gambling regulatory system, the Macao Special Administrative Region has established an online gambling management framework known as "copper walls and iron barriers" through a "law-technology-ethics" trinity regulatory network. Its regulatory system not only reflects strateg
Asian Pioneer Entertainment (APE) announced a net profit of 3.8 million Hong Kong dollars for the fiscal year 2024.
Asia Pioneer Entertainment (APE) has turned a profit for the first time since the outbreak of the pandemic, mainly due to improved demand in Macau casinos.The company reported a net profit of HK$3.8 million for the fiscal year 2024, a significant improvement from a loss of HK$1.9 million in 2023. Re
Asian gambling landscape expands! Melco invests $125 million to capture the Sri Lankan market!
Macau Announces List of 26 Gaming Machine Manufacturers and Distributors Licensed for 2025
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
Ximi Hua was sentenced to 18 years in prison, and over 60 reception vehicles filled the parking lot, with luxury cars lying idle for more than 2 years.
Ximihua was sentenced to 18 years in prison, and over 60 reception vehicles filled the parking lot, with luxury cars left idle for more than 2 years. Speaking of Ximihua, everyone is familiar with him. Ximihua, originally named Zhou Zhuohua, was born in 1974 and is 50 years old this year.In Novembe
Confirmed! Beng Ya Ju is revealed as the behind-the-scenes tycoon of Apollo's glory, now I understand why He Chaoqiong didn't allow him to attend the gambling king's funeral.
Confirmed! Beng Ya Ju is the mastermind behind the scenes? These past few days, the "Wang Xing Incident" has been one revelation after another, each more shocking than the last.From Wang Xing's safe return to the country, to the investigation of the Thai scam park, to the emergence of Beng Ya Ju's n
The Macau gangster "Beng Ya Ju" has been exposed as the real mastermind behind the splendid Apollo Garden District, which he firmly denies! However, a set of photos has betrayed him.
Shocking! Renowned artist Wang Xing was deceived into an overseas "human hell," and the mastermind behind it turned out to be "Beng Ya Ju," who once dominated the underworld in Macau! This sensational cross-border fraud case not only exposed the tragic experiences of dozens of victims in the park b
Macau's gambling total revenue declined for the first time in two years, marking the first decrease since 2022.
The Gaming Inspection and Coordination Bureau of Macau has submitted the statistical data for December, announcing the complete results for the entire year.This marks the first annual decline in total gaming revenue (GGR) in two years.In 2023, the gross gaming revenue was 18.6 billion Macau patacas