Singapore’s Gambling Regulatory Authority (GRA) extends licence for casino. Key points: Key points: – The Gambling Regulatory Authority (GRA) has renewed the casino licence of Marina Bay Sands for another three years, effective 26 April 2025 – The extension follows the GRA’s assessment that MBS has met the necessary criteria outlined in Section 45 of…
The Entertainment City project is progressing after earlier delays. Key points: – Q4 2025 remains the target for launch following construction milestones – Core building systems have reached advanced stages of completion – Project includes hotel, casino, entertainment venues and retail space Suntrust Resort Holdings has confirmed that its hotel and casino development in Manila…
Leadership transition marks new phase for the casino. Key points: – The Hon. Martin Pakula will join Crown Melbourne’s Board on 1 May 2025 and succeed Ian Silk as Chair on 1 July 2025 – Pakula has a background in government and has previously served as Attorney-General and Minister for Tourism, Sport and Major Events…
Expanded initiative targets youth, families and visitors across the city. Key points: – 2025 programme aims to strengthen public understanding of responsible gambling – Focus placed on outreach to working youth, parents and local communities – Campaign includes training, carnival events and informational street booths The Macau Federation of Trade Unions has renewed its collaboration…
Renminbi depreciation raises concern over purchasing power of mainland tourists Key points: – Exchange rate shifts may reduce spending by mainland visitors – Sector urges wider adoption of visitor dispersion and incentive schemes – Calls to utilise international IPs to encourage exploration beyond central districts The recent weakening of the renminbi has drawn attention from…
Former Caesars and Pinnacle executive named Audit Committee Chair amid governance changes. Key points: Key points: – Cheryl Kondra joins Accel’s Board of Directors and is appointed Chair of the Audit Committee – Cheryl Kondra joins Accel’s Board of Directors and is appointed Chair of the Audit Committee – Kondra brings over 20 years of…
Proceeds placed in escrow pending completion of private exchange and new credit facility. Key points: Key points: – Mohegan issues $1.2bn in secured notes through wholly owned subsidiary Mohegan Escrow Issuer – Mohegan issues $1.2bn in secured notes through wholly owned subsidiary Mohegan Escrow Issuer – Proceeds are conditional on a private exchange and new…
Despite March Madness dominating the basketball calendar, it wasn’t enough to push the month to the top of the board. Key points: – The mobile sports wagering handle for this past year was $23.9bn, with $2.14bn in GGR – March Madness supported this with a $2.4bn handle in March alone – However, the highest month…
The deal has been signed with the Ottawa Senators due to make the NHL playoffs for the first time in eight years. Key points: – ToonieBet has been named as the official online casino partner of the Ottawa Senators – Branding will be visible both in-arena and on broadcasts – To celebrate the deal, ToonieBet…
Action taken against offshore operators to focus on Michigan gamblers. Key points: Key points: – The Michigan Gaming Control Board (MGCB) has issued cease-and-desist orders to 13 illegal offshore gambling websites operating without state licenses – The MGCB is focusing on Michigan residents with attention on financial risks and unregulated gambling practices The Michigan Gaming…
