On May 15, 2025, The Grand Ho Tram in Vietnam's Ba Ria–Vung Tau Province commenced a significant US$1 billion expansion, marking a pivotal moment in the nation's tourism and hospitality sector.
The Hong Kong Jockey Club (HKJC) unveiled an ambitious initiative to evolve from a premier horse racing institution into a global sports entertainment brand. This transformation aims to integrate racing, equestrian sports, and entertainment, positioning Hong Kong as a nexus for international exchange, tourism, and cultural connectivity.
Macau, long synonymous with its glittering casinos, is orchestrating a transformative shift in its economic landscape. Under the new 10-year gaming concession agreements signed in 2022, the city is embracing a vibrant concert economy to diversify its revenue streams and reduce reliance on gaming. This strategic pivot aligns with Beijing’s directive for Macau to broaden its economic base beyond gambling.
Singapore has set an ambitious target to achieve at least US$35.6 billion in tourism receipts by 2040, a 1.6-fold increase from 2024. This significant growth projection underscores the country's commitment to enhancing its tourism sector, with the casino industry playing a pivotal role in this expansion.
The Forbes World's Billionaires list is out, and guess what? Some serious players in the gambling world are raking in the dough! Let's take a peek at who's holding the biggest stacks.
Author: Janice Chew • Tuesday, 20/05/2025
