03/08/23 Levo Chan trial hears closing arguments Both sides made their final remarks at the Macau Court of First Instance today.
03/08/23 Melco Resorts could generate positive free cash flow in 2023, analyst says The upturn in Macau could enable Melco’s revenue to reach 70-80 per cent of its 2019 level.
03/08/23 Victorian gambling harm service advocates for more online gambling protection The Victorian Responsible Gambling Foundation (VRGF) has issued a paper entitled “gambling harm and the online gambling environment”.
03/07/23 Australian MP calls for heavier fines against gambling companies that breach duties Andrew Wilkie says the recent fine issued to Ladbrokes is unlikely to prevent future misconduct.
03/07/23 Macau casino operators to submit 2023 investment plans this month Casino operators must submit annual execution proposals to authorities.
03/07/23 SJM Holdings expects to record US$993m loss for 2022 The increased loss is the result of additional impairment charges related to the refurbishment of its Jai-Alai property.
03/07/23 MGM China’s mass market share to rise by 3% in 2024, analysts say According to Morgan Stanley, MGM China Holdings’ mass market share will rise due to the addition of gaming tables.
03/07/23 PAGCOR grants PHP4.1m to humanitarian contingent Each member of the team has received PHP50,000 from PAGCOR.