Solaire Resort in Manila has officially launched a new dedicated event and exhibition venue dubbed The Space at Solaire, marking a strategic push into the meetings, incentives, conferences, and exhibitions (MICE) segment. The inaugural use of the space will be for “The FRIENDS™ Experience: The One in Manila”, scheduled from October 8 to November 30 — giving a strong kickoff to the venue’s debut.
Robert Goldstein, Chairman and CEO of Las Vegas Sands (LVS), was one of a select group of about 20 U.S. business leaders and policy figures meeting privately with China’s Premier Li Qiang in New York. The gathering took place on the sidelines of the United Nations General Assembly, with participation from representatives of the U.S.-China Business Council, National Committee on U.S.-China Relations, the U.S. Chamber of Commerce, and other organizations.
Macau authorities anticipate up to 750,000 border crossings per day during the upcoming eight-day National Day / Mid-Autumn Golden Week holiday (Oct 1–8), with total entries and exits projected between 5.6 million and 6 million over the period. Of that, roughly 1.2 million visitor arrivals are expected (averaging 150,000 per day), driven by more relaxed entry policies such as multiple-entry permits via Zhuhai and Hengqin.
Two major casino proposals in New York have advanced after receiving strong support from local advisory bodies. The Resorts World New York City expansion, backed by Genting, secured unanimous approval from its community advisory committee as it vies for a full commercial license. Meanwhile, MGM’s Empire City racino in Yonkers also won a 5-0 vote in its favor, putting it in contention for one of the limited downstate licenses.
Hong Kong-listed International Entertainment Corp (IEC) recorded a substantial loss of HK$282.1 million (roughly US$36.3 million) in fiscal year 2025, largely driven by cost pressures and a one-time write-off tied to the redevelopment of its New Coast Hotel in Manila. Despite that, the company saw total revenues rise steeply to HK$566.2 million (≈ US$72.8 million) — a year-on-year growth of about 146 % — as it assumed full operational control of casino operations from PAGCOR under its provisional license.
Author: Janice Chew • Monday, 29/09/2025
