Jenny Ortiz

Jan 16, 2025 | sigma.world | Jenny Ortiz |Bruna Garcia

Tiger Resort Leisure and Entertainment Inc. (TRLEI), the operator of Okada Manila, reported a 3.7 percent year-on-year decline in gross gaming revenue (GGR) for the fourth quarter of 2024. The figure reached PHP8.98 billion (€149.3 million), primarily due to a downturn in the VIP table games segment. However, this showed a 9.1 percent improvement compared to the previous quarter.

Jan 15, 2025 | sigma.world | Jenny Ortiz

Macau’s new visa policy for mainland Chinese residents from Zhuhai and Hengqin has led to a sharp rise in tourist arrivals, with visitor numbers from Zhuhai increasing by over 26 percent year-on-year. The policy, implemented on 1 January, allows residents with household registration and residence permits in these regions to apply for multiple-entry visas. These permits, valid for one year with unlimited entries capped at seven-day stays, are expected to add 20,000 daily visitors from these areas.

Jan 14, 2025 | sigma.world | Neha Soni |Jenny Ortiz

A University of Queensland research has found that the odds of sports betting, historically considered a male pursuit, could be about to change. The Australian Gambling Research Center found almost nine out of 10 regular sports bettors, Australia’s fastest growing form of gambling, are men. This marks the largest gender imbalance of any form of Australian gambling.

Jan 13, 2025 | sigma.world | Neha Soni |Jenny Ortiz

Las Vegas Sands Chairman and CEO Robert Goldstein has promised to expand the company’s investment in China. He was speaking at a high-profile meeting held at the Ministry of Commerce in China, where Goldstein met with Deputy Secretary of the CPC Leadership Group, Wang Shouwen on Thursday. According to information from the Ministry, they exchanged views on China-US economic and trade relations as well as Sands’ ongoing development in China.

Jan 12, 2025 | sigma.world | Jenny Ortiz |Bruna Garcia

Las Vegas Sands Corporation will pay an additional $1 billion to the Singapore Tourism Board (STB) for changes to the Marina Bay Sands (MBS) expansion project. According to the company’s filing, this agreement follows revisions to the project’s design and floor area allocations. The latest payment builds on an initial $963 million premium made in 2019 for leasing the land parcels until August 2066.  The expansion project, MBS IR2, has included several enhancements since its original announcement.