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The average occupancy rate for Macau’s five-star hotels in June was 89.6 percent, down 4.6 percentage points (ppts) year-on-year.
The average nightly rate dipped 1.8 percent year-on-year, to MOP1,443.6 (US$178.7). That is according to information from the Macau Hotel Association, published by the Macao Government Tourism Office (MGTO).
The survey collected...
Philippines-listed PhilWeb Corp says it has signed an exclusive partnership with gaming content and technology provider Games Global, expanding its portfolio of agreements within the country’s regulated online gaming market.
In a Friday filing to the Philippine Stock Exchange, the company said the arrangement would allow licensed gaming operators in the Philippines ...
The Macau government’s approval for Wynn Macau Ltd to expand its Wynn Palace resort in Cotai marks an important milestone in the operator’s non-gaming investment plans, but the projects are likely to increase overall capital spending and could weigh on leverage over the next two years, according to CreditSights.
On Wednesday, Wynn Macau Ltd said it
Gaming supplier FBM has expanded its land-based slot portfolio with the launch of “Ratone’s Empire”, a dual-game product featuring two linked titles, “Don Ratone” and “Al Porcone”, centred on progressive jackpots and bonus features.
The new release is available on the firm’s Auria, Shadow, and Galaxy II slot cabinets, according to a recent press release.
R...
Investment bank JP Morgan has reaffirmed its positive outlook for casino equipment and gaming technology supplier Light & Wonder Inc, citing supportive industry fundamentals, artificial intelligence (AI)-driven product development, and the supplier’s reaffirmed fiscal 2026 guidance.
In a mid-year gaming and leisure report published on Thursday, the brokerage not...