The Philippines has announced plans to ban offshore gaming operators, targeting an industry that mostly caters to Chinese gamblers and has sparked growing alarm from law enforcement over its alleged connections to…
Category: News
FACT CHECK: Online gambling ad uses AI-edited news report, Pacquiao interview
Former senator Manny Pacquiao and a GMA News report never talked about a ‘Manny Casino’ gambling app Claim: Manny Pacquiao’s online gambling platform, “Manny Casino,” was featured in the GMA news show…
Sands China expects its Macau margins to near 40% once The Londoner Macao fully fitted out
Macau concessionaire Sands China is eying group-wide margins approaching 40% in the coming years, aided by a new look Londoner Macao that the company says could become the best IR in the…
Nomura: Resorts World Sentosa likely to see seasonal VIP weakness in Q2
Genting Singapore’s Resorts World Sentosa (RWS) can expect to report a seasonal decline in business volumes for the three months to 30 June 2024, particularly in the VIP gaming segment, according to…
Philippines Bans $3B POGO Industry
Efforts are underway to dismantle the Philippines’ online gambling — or POGO — industry after President Ferdinand “Bongbong” Marcos Jr. announced Tuesday its total ban, “effective immediately.” The POGO (Philippine Offshore Gaming…
Microsoft Outage Impacted Several Casino Resorts in China’s Macau, Philippines’ Manila
Last week’s catastrophic Microsoft outage grounded global travel and brought many businesses and industries to a standstill. The cybersecurity infrastructure meltdown impacted casino resort operations not only in the United States but…
FBM celebrates expansion with brand-new Oklahoma office
FBM has announced the opening of its new office in Broken Arrow, Oklahoma, with the company describing the transition to its dedicated building as a significant milestone for the group’s operations in…
Universal locks in remainder of US$800 million refinancing plan
Japan’s Universal Entertainment Corp has completed a US$800 million refinancing after confirming Wednesday that it had determined the issuance of new U.S. dollar-denominated overseas private placement notes and concluded a US$400 million…
World Wide Web Inventor Sir Tim Berners-Lee to Keynote at SBC Summit 2024
SBC has announced the inventor of the World Wide Web, Sir Tim Berners-Lee, as a speaker at the upcoming SBC Summit 2024 in Lisbon as part of a fireside discussion. The fireside…
Improving US prospects leave Phillip Capital bullish on Genting Malaysia
Investment firm Phillip Capital has maintained its “BUY” rating on Genting Malaysia Bhd, stating this week that the company is seeing positive signs from the United States in both its existing operations…