All Articles by Violeta Prockyte

The legalisation of casinos in Thailand hit a hurdle as the Stop Gambling Foundation (SGF) warns legalisation won’t help with illegal gambling and might even cause more social problems.

Moody’s Investors Service Inc. predicts Asian operator Melco Resorts & Entertainment will see its consolidated debt grow from $6.1bn to $7bn over the next 12 to 18 months.

Authorities on Jeju island, South Korea, have recovered about KRW12bn ($10.9m) in cash.

South Korean baseball club Doosan Bears has asked the league office to suspend two minor league players, pitcher Jeong Hyun-wook and catcher Kwon Ki-young.

Melco Resorts Finance, a wholly-owned subsidiary of Melco Resorts & Entertainment, has announced an international offering of 5.375% senior notes due 2029.

Malaysian casino complex Resorts World Genting (RWG) has announced it will reduce capacity and temporarily suspend certain operations after the Government tightened COVID-19 restrictions for the next two weeks.

The Philippine National Police Anti-Kidnapping Group (PNP-AKG) has stated that the number of kidnapping cases involving Philippine Offshore Gaming Operators (POGOs) almost doubled last year amid the COVID-19 pandemic.

Based on the first 10 days of January, analysts from brokerage Sanford C. Bernstein Ltd estimated Macau casino gross gaming revenue is likely to drop 60% year-on-year.

Analysts from banking group Morgan Stanley have revised their previous prediction for Macau’s gaming market, stating its gross gaming revenue for 2021 will be $24bn, with corporate EBITDA standing at…

Thailand police have raided and shut down an illegal casino in Pattaya, a coastal town near Bangkok.