Fake casino chips detected in a Macau casino led to local law enforcement arresting five individuals thought to be involved in the crime. Macau’s Judiciary Police announced Thursday that five Chinese men…
Korea’s Paradise Co sees casino revenues jump 59% in April
Leading Korean foreigner-only casino operator Paradise Co bounced back strongly in April, with casino revenues climbing by 56.0% year-on-year and 59.0% sequentially to KRW84.1 billion (US$61.1 million). Having seen casino revenues drop…
Not only smart gaming tables giving MGM China market advantage, Feng cites “deep understanding” of premium mass customers
MGM China President and Executive Director Kenneth Feng says the company’s incredible resurgence post-pandemic results from a “deep understanding” of its premium mass customers. In comments made during the 1Q24 earnings call…
Maybank: Mass market to drive 15% growth in Philippines GGR in 2024
The Philippines gaming sector will grow by around 15% year-on-year in 2024, driven by the continued rise in domestic demand, according to investment bank Maybank. In a Thursday note, analyst Raffy Mendoza…
PAGCOR announces multiple arrests for various gaming scams
Philippine gaming regulator PAGCOR announced Thursday the details of multiple arrests in relation to a series of gambling scams and illegal gambling activity. The arrests included 16 people detained at an office…
AGEM Index down 9% in April as 10 of 12 suppliers suffer stock price declines
The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – decreased by 9.0% or 109.86 points to 1,109.06 points in April, with Aristocrat and Light & Wonder…
LET Group reveals addition of three directors following mass exodus over planned Tigre de Cristal sale
LET Group has begun the process repopulating its Board of Directors following a mass exodus in January with the addition of three new directors – including two of the directors who formed…
Queensland government says insufficient evidence to find Hong Kong’s Chow Tai Fook unsuitable ahead of Queen’s Wharf Brisbane launch
The Queensland state government has deemed there to be insufficient evidence to find Chow Tai Fook Enterprises (CTFE) – the Hong Kong-listed jewelry giant with casino links in Australia, Macau, Vietnam and…
Nick Hughes Becomes Bet365’s New CPO of Gaming
In his new role, the appointee will be responsible for overseeing and enacting bet365’s product strategy Gambling giant bet365 has named the experienced Nick Hughes as its new chief product officer of…
Gaming CEOs Mostly Bullish, But See Some Challenges
Gaming chief executive officers (CEOs) are mostly constructive on the near-term outlook for the industry while holding more enthusiastic attitudes about long-term trends. A recent survey by the American Gaming Association (AGA)…