Paradise Co has confirmed that hotel room inventory at Paradise City will increase by 65.1% from March onward, marking a major step in the integrated resort’s expansion strategy. The move significantly boosts accommodation capacity at South Korea’s flagship foreigner-only casino resort, positioning it to capture stronger inbound tourism and premium leisure demand.
Macau Legend Development has successfully raised approximately US$11.1 million through a recent rights issue, even though overall investor participation was lower than expected. The capital injection offers short-term financial relief for the Macau-based operator at a time when smaller and mid-tier gaming companies continue to face tight liquidity and elevated refinancing pressure.
Galaxy Entertainment Group’s long-running Youth Achievement Program has reached a significant milestone, celebrating 15 years of empowering young people in Macau through education, mentorship, and career-readiness initiatives. Since its launch, the program has focused on equipping local youth with practical skills, industry exposure, and personal development opportunities—helping them transition confidently from school to the workforce.
South Korea’s sole casino operator open to local citizens, Kangwon Land, is expected to generate sufficient revenue to help clear the remaining debt of the former state-run coal entity, even as the group faces a projected decline in net income for the current financial year.
Global casino operator MGM Resorts International is increasingly positioning Asia as a key growth engine, as accelerating cash flow strengthens its capacity to invest across the region. Analysts point to improving operating performance and balance-sheet flexibility as factors supporting the group’s longer-term Asia strategy.
Author: Janice Chew • Friday, 23/01/2026
