In a significant rebound for the city’s gaming sector, Macau reported monthly gross gaming revenue (GGR) of approximately US$3.01 billion (MOP 24.09 billion) in October, representing a year-on-year increase of about 15.9%. This performance also marked a strong improvement month-on-month, rising roughly 31.7%.
The chairman and CEO of Las Vegas Sands Corp. (LVS), Robert Goldstein, recently sold approximately 700,000 shares of the company’s stock on October 29, generating about US$41.22 million from the transaction.
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.
Author: Janice Chew • Sunday, 02/11/2025
