South Korea’s foreigner-only casino operator Paradise Co Ltd has reported record revenue and profit for FY2025, driven largely by the continued momentum at its flagship integrated resort, Paradise City.
The results underscore the strength of Korea’s VIP-led casino model as inbound tourism – particularly from China and Japan – continues to recover.
Shareholders of International Entertainment Corp (IEC) are set to vote on 26 February on a proposed takeover by DigiPlus Interactive Corp, alongside a crucial “whitewash waiver” that would allow the transaction to proceed without triggering a mandatory general offer under Hong Kong takeover rules.
The outcome will determine whether IEC transitions into a DigiPlus-controlled vehicle and potentially reshapes its strategic direction within the regional gaming and digital entertainment landscape.
Genting Singapore is entering a pivotal capital management phase, with around US$3.4 billion in debt maturities looming over the next few years. According to multiple industry reports, the group is weighing a mix of refinancing tools – including potential retail bond issuance and a recalibration of dividend payouts – to optimise its balance sheet while funding expansion.
Las Vegas Sands has received a credit rating upgrade from Fitch Ratings, with the agency citing sustained earnings strength and cash flow visibility driven largely by its Singapore operations.
MGM China has launched a new creative showcase in Macau’s historic Barra District as part of a project supported by China’s National Arts Fund, underscoring the concessionaire’s growing emphasis on cultural development and non-gaming tourism.
Author: Janice Chew • Wednesday, 11/02/2026
