A recent report reveals that Indonesia has seen an estimated US$5.6 billion in online-gambling turnover, despite the fact that most Indonesian players reportedly earn less than US$305 per month. The scale of the turnover signals a massive underground industry in the country, one that nominally thrives despite low individual earnings.
The Philippine-listed developer Belle Corp — landlord to the integrated resort City of Dreams Manila (COD Manila) — revealed that its share of gaming revenue from January to September this year fell by 12 % year-on-year. In numeric terms, Belle Corp’s gaming-revenue portion stood at roughly PHP 1.23 billion (US$22.4 million) for that nine-month span.
In October 2023, the luxury integrated resort Marina Bay Sands Pte Ltd (MBS) experienced a significant data security incident involving its loyalty-rewards programme. On the evenings of 19 and 20 October, an unauthorized third-party gained access to the personal data of approximately 665,495 members of its “Sands LifeStyle” non-casino rewards programme.
Robert G. Goldstein, Chairman and CEO of Las Vegas Sands Corp. (LVS), has announced plans to divest “some or all” of his company shares before stepping into the role of Senior Advisor starting March 1 2026. Reported filings show that on October 27 2025 he sold roughly 300,000 common shares — valued at ~$17.8 million at the market close — and that further sales may follow.
South Korean law-enforcement authorities, working via the Jeju Provincial Police Agency, recently dismantled an illegal online gambling network based on Jeju Island that handled approximately KRW 22.6 billion (roughly US$15.3 million) in wagers. The operation was uncovered after a multi-month investigation, and 21 people including the ringleader were arrested.
Author: Janice Chew • Sunday, 02/11/2025
