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Macau

+3

Macau Already Hit Its 60% Non-Gaming Target. Then the Casinos Came Back

Sep 5, 2026

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3 min read

Macau Already Hit Its 60% Non-Gaming Target. Then the Casinos Came Back

Non-gaming industries represented 61.7% of Macao’s economy in 2023. One year later, their share had fallen to 56.7%—exposing the weakness in the city’s preferred measure of diversification.

Adrià Mas
Adrià Mas

Taiwan

+2

Ennoconn, Gold Rain and the Partnership That Became the Business

Sep 4, 2026

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3 min read

Ennoconn, Gold Rain and the Partnership That Became the Business

Ennoconn began as a strategic investor. Then came management, manufacturing systems and gaming orders. Four years later, it represented almost 60% of Gold Rain’s sales — and separating the two companies has become anything but simple.

Adrià Mas
Adrià Mas

Land-Based Casinos

+3

Marina Bay Sands Has US$4.68bn Available for Expansion

Aug 28, 2026

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2 min read

Marina Bay Sands Has US$4.68bn Available for Expansion

Las Vegas Sands also reported US$215 million of Marina Bay Sands capital spending in Q2, showing the project is moving from financing capacity into active deployment.

Adrià Mas
Adrià Mas

Macau

+3

What Happens to a Macao Resort When the Casino Disappears?

Aug 25, 2026

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2 min read

What Happens to a Macao Resort When the Casino Disappears?

Ponte 16 lost its casino in November. The hotel remains busy and Macao is receiving record visitor numbers, but the first financial evidence shows how difficult gaming revenue is to replace.

Adrià Mas
Adrià Mas

South Korea

+3

South Korea’s Casino Growth Is Leaving the Wider Gambling Market Behind

Aug 24, 2026

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3 min read

South Korea’s Casino Growth Is Leaving the Wider Gambling Market Behind

Foreigner-only casino revenue rose 21.6% in 2025 as visitor numbers climbed 18.7%, creating a widening gap between the casino sector and South Korea’s broader gambling market.

Adrià Mas
Adrià Mas

Land-Based Casinos

+3

Osaka Opens Yumeshima Phase 2 to a New Developer

Aug 21, 2026

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2 min read

Osaka Opens Yumeshima Phase 2 to a New Developer

The two-stage proposal covers more than 420,000 square metres of land, with participation screening open through 8 January 2027.

Adrià Mas
Adrià Mas

Land-Based Casinos

+3

Osaka Is Spending JPY12.4bn This Year to Prepare Yumeshima for Its IR

Aug 20, 2026

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3 min read

Osaka Is Spending JPY12.4bn This Year to Prepare Yumeshima for Its IR

The construction of MGM Osaka is usually presented as a JPY1.513 trillion private investment, approximately USD9.4 billion.

Adrià Mas
Adrià Mas

Taiwan

+2

IGS Posts Its Strongest Growth of 2026 as July Revenue Reaches TWD2.23bn

Aug 19, 2026

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3 min read

IGS Posts Its Strongest Growth of 2026 as July Revenue Reaches TWD2.23bn

Taiwan’s largest gaming supplier has moved from a weak start to the year into accelerating monthly growth, with July revenue reaching TWD2.23bn (US$69m).

Adrià Mas
Adrià Mas

Macau

+3

Galaxy Entertainment’s H1 Revenue Rises 4% as StarWorld Renovation and Phase 4 Move Ahead

Aug 14, 2026

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3 min read

Galaxy Entertainment’s H1 Revenue Rises 4% as StarWorld Renovation and Phase 4 Move Ahead

Galaxy Entertainment Group reported HK$24.2 billion (approximately US$3.10 billion) in first-half net revenue while moving ahead with a comprehensive renovation of StarWorld Macau and its 600,000-square-metre Phase 4 development in Cotai.

Adrià Mas
Adrià Mas

South Korea

+2

South Korea Will Open Its First New Racecourse in 21 Years

Aug 10, 2026

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3 min read

South Korea Will Open Its First New Racecourse in 21 Years

Let’s Run Park Yeongcheon begins racing on 13 September, but its unusual regional model will test whether a new venue can expand Korea’s horse-betting market.

Adrià Mas
Adrià Mas

Global

+3

Candle Lake Crosses Evolution’s Takeover Threshold

Aug 1, 2026

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3 min read

Candle Lake Crosses Evolution’s Takeover Threshold

Kenneth Dart’s investment vehicle now controls just over 30% of Evolution’s voting rights. It must launch an offer for the remaining shares or reduce its position within four weeks.

Adrià Mas
Adrià Mas

Deals & Finance

+4

Century Entertainment’s Comeback Depends on a Partner That Lost Its Accreditation

Jul 29, 2026

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3 min read

Century Entertainment’s Comeback Depends on a Partner That Lost Its Accreditation

The Hong Kong-listed company says its Philippine gaming venture generated HK$45 million in three months. PAGCOR says the platform partner’s accreditation was cancelled during the same month operations began.

Adrià Mas
Adrià Mas

Macau

+3

Macau Approved Wynn’s $950 Million Expansion — Without Expanding Its Casino

Jul 27, 2026

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3 min read

Macau Approved Wynn’s $950 Million Expansion — Without Expanding Its Casino

Wynn Palace will add a 432-suite hotel tower, theatre and entertainment centre as Macau directs casino investment towards non-gaming attractions.

Adrià Mas
Adrià Mas

Land-Based Casinos

+3

The Philippines May Finally Stop Regulating the Casinos It Also Operates

Jul 26, 2026

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2 min read

The Philippines May Finally Stop Regulating the Casinos It Also Operates

PAGCOR’s proposed restructuring could turn the agency into a pure regulator and eventually place more than 40 Casino Filipino venues on the market.

Adrià Mas
Adrià Mas

Macau

+3

Macau’s VIP Recovery Is Losing Ground to the Mass Market

Jul 21, 2026

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2 min read

Macau’s VIP Recovery Is Losing Ground to the Mass Market

Macau’s casino market remained broadly stable in the second quarter of 2026, but the composition of its gaming revenue shifted noticeably away from VIP baccarat

Adrià Mas
Adrià Mas

Land-Based Casinos

+2

Fertitta to Acquire Caesars for $17.6 Billion in Record U.S. Casino Deal

Jul 13, 2026

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2 min read

Fertitta to Acquire Caesars for $17.6 Billion in Record U.S. Casino Deal

The largest casino acquisition in American history: 60 casinos, eight Strip properties, and a go-shop window that closed on July 11 with no rival bid.

Adrià Mas
Adrià Mas

Global

+2

Asia Isn't Buying Into Europe's Gaming Market. It's Buying Europe's Gaming Market.

Jun 28, 2026

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3 min read

Asia Isn't Buying Into Europe's Gaming Market. It's Buying Europe's Gaming Market.

Six deals, three countries, one direction: East Asian gaming money is flowing West.

Adrià Mas
Adrià Mas

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