According to data released by the Philippine Entertainment Gaming Company (Pagcor), a casino regulator in the Philippines, casinos in the Clark region of the Philippines saw their gross game sales (GGR) rise 11.9% year-on-year to 14.54 billion pounds ($254.4 million) in the first half of 2024. Hann Philippines Inc., the main company behind a casino
The second-quarter net profit for the owner of Travelers International Hotel Group Inc., which operates a Newport World Resort casino and leisure complex in the Philippine capital of Manila, came in at $423 million. The figure is “a 38-fold increase from the previous quarter,” parent company Alliance Global Group Inc said in a Wednesday release.
Resorts World Sentosa Casino Resort (pictured) operator Genting Singapore Inc Genting said its net profit rose 29.0% year-over-year to 356.9 million Singapore dollars ($271.4 million) in the first half of 2024. Revenue for the period rose 25.5% year-on-year to S$1.36 billion, according to data filed on Wednesday. Adjusted earnings (EBITDA) for the first half of
“UFC Fight Night Macau,” the first UFC-branded mixed martial arts event in 10 years, will take place at Galaxy Arena on Nov. 23. Promoter The Ultimate Fighting Championship (UFC) has signed an event agreement with Macau casino company Galaxy Entertainment Group (GEG), which operates the Galaxy Arena at the Galaxy Macau Casino Resort in Kotai.
Soler Resort North, a new casino complex in the northeastern city of Quezon, Manila, will begin VIP operations in early September, the property promoter confirmed to GGRAsia. Bloomberry Resorts Corp., which is listed in the Philippines, opened its Soler Resort North complex on May 25. The $1 billion property has 526 rooms and suites, and
China’s Foreign Minister Wang Yi on Friday referred to online gambling as part of a “cross-border crime” that should be addressed during multilateral discussions with other countries. Ministerial representatives from Myanmar and Laos, as well as China and Thailand, attended the talks in Chiang Mai, Thailand. China, Thailand, Laos and Myanmar have jointly conducted a
Bank agency Citigroup said in a recent monthly survey that total premium bulk wages at Macau casinos increased sequentially in August from a year earlier, reflecting strong demand from mainland Chinese companies. The bank also indicated that Galaxy Entertainment Group (GEG) had taken the market share lead among six Macau operators in observed premium bulk
Starting in 2027, the government will require all airlines in the country to use sustainable aviation fuel (SAF), as part of efforts to significantly reduce carbon emissions, according to the Ministry of Trade, Industry and Energy and the Ministry of Land, Infrastructure and Transport, Friday. The joint initiative coincides with the International Civil Aviation Organization’s
The country’s four largest commercial banks — KB Kookmin, Shinhan, Hana and Woori — cut down the number of new jobs by nearly half from a year earlier in the first six months of 2024, data showed, Friday. Such a reduction in new positions prompts concerns that the lenders are being unfaithful in their social
As reports of deepfake sex crimes spread in Korea, a “deepfake map,” which displays the current status of allegedly affected schools has gone viral here. The map shows the locations of middle and high schools and universities in Korea that are believed to have been affected by deepfake crimes with the list of such schools