Month: November 2025

JP Morgan: Peninsula satellite casino L’Arc could generate additional US$45 million in EBITDA for SJM annually following acquisition Summary Article Date: 2025-11-21T03:19:09+00:00 SJM Resorts has agreed to acquire peninsula hotel and satellite casino L’Arc for HK$1.75 billion. JP Morgan’s analysts estimate the property could deliver circa HK$300–350 million (US$38.5–45 million) in annual EBITDA if run […]

Bally’s Corp cleared to claim control of Australia’s Star Entertainment Group after receiving probity approval from regulators Summary US operator Bally’s Corp has been granted probity approval by New South Wales and Queensland regulators to become a substantial shareholder of Star Entertainment Group and a close associate of The Star Sydney. The NSW Independent Casino […]

POGO mayor Alice Guo handed life sentence for human trafficking: report | AGB Summary A Philippine court has handed a life sentence to “POGO mayor” Alice Guo and seven others for human trafficking related to a large Chinese-run online gambling compound in Bamban, north of Manila. The compound, raided in March 2024 after a Vietnamese […]

Thailand watchdog accuses elites of protecting scam gangs | AGB Summary The Anti-Corruption Organisation of Thailand (ACT) chairman Mana Nimitmongkol has accused powerful political and bureaucratic figures of shielding organised scam syndicates, online gambling networks and money‑laundering rings. Mana says enforcement so far is only targeting small operators while ‘dark power and connections’ protect masterminds, […]

The Japan Gamble | AGB Summary Daniel Cheng examines the fallout from Japanese Prime Minister Sanae Takaichi’s recent remark on Taiwan and the swift Chinese response. What began as a rhetorical flare-up has moved into economic retaliation: delayed cultural releases, a suspended seafood import channel and warnings to Chinese tourists — measures that could shave […]

Gaming regulators approve $7.8M fine against Caesars Summary The Nevada Gaming Commission voted 4-1 to impose a $7.8 million fine on Caesars Entertainment for permitting convicted illegal bookmaker Mathew Bowyer to gamble at its properties over multiple years. Commissioners said Caesars failed to detect and properly investigate Bowyer despite categorising him as ‘high risk’ in […]