Marjorie Preston

Atlantic City

Editor at Global Gaming Business Magazine

Managing Editor, Global Gaming Business and https://t.co/Ha4rLhh87o

Featured in: Favicon

ggbmagazine.com Favicon

pressofatlanticcity.com Favicon

shorenewstoday.com Favicon

ggbnews.com Favicon

igamingbusiness.com Favicon

shorelocalnews.com

Articles

ASIA IN FOCUS - GGB News

6 days ago | ggbnews.com | Marjorie Preston

Thailand Calls for Senate Panel on Casino ResortsIn light of new anti-casino protests, the Thailand government will empanel a Senate committee to study the Entertainment Complex Bill. The review will begin April 23 and could last up to 180 days. According to the Bangkok Post, that could delay progress on the bill until next year and possibly push approvals to 2027.
Timor-Leste issues first offshore gaming licence

1 week ago | igamingbusiness.com | Marjorie Preston

The island in the Malay Archipelago has licenced a subsidiary of online lottery provider GD Lotto. Inaugural provider Golden River Universe (GRU) hopes to “transform Timor-Leste into Asia’s Malta—a trusted digital hub for offshore gaming, compliance and innovation”. GRU will operate under the aegis of the Inspectorate General of Gaming. Parent company Grand Dragon Lotaria (GD Lotto) is the nation’s largest online lottery operator.
Macau chief executive warns of potential budget shortfall

1 week ago | igamingbusiness.com | Marjorie Preston

Macau Chief Executive Sam Hou Fai has called for “crisis awareness” as gross gaming revenue flatlines in the Chinese gaming hub. In comments before the Macau Legislative Assembly on 14 April, Sam reminded lawmakers that monthly GGR must stay at or above MOP15 billion (£1.4 billion/€1.65 billion/$1.88 billion) for the local government to break even. If it slips below that level, “[W]e would immediately be running a budget deficit,” said Sam.
Thailand senate panel to review Entertainment Complex legislation

1 week ago | igamingbusiness.com | Marjorie Preston

Thailand’s Entertainment Complex Bill, which stalled on its way to parliament, is now the subject of a special senate review. The latest development could push legalisation to 2026 or beyond. The legislation, passed in the cabinet in March, has been hindered by public opposition. Last week, 1,200 people gathered in Bangkok to protest the bill, which would legalise five casino resorts around the country.
Thailand senate panel to review Entertainment Complex legislation

1 week ago | isa-guide.de | Marjorie Preston

Thailand’s Entertainment Complex Bill, which stalled on its way to parliament, is now the subject of a special senate review. The latest development could push legalisation to 2026 or beyond. The legislation, passed in the cabinet in March, has been hindered by public opposition. Last week, 1,200 people gathered in Bangkok to protest the bill, which would legalise five casino resorts around the country.
Suntrust: Opening of Manila’s fourth IR pushed back again, to late 2025

1 week ago | igamingbusiness.com | Marjorie Preston

Suntrust's Westside City resort is now due to open in the fourth quarter of 2025. Suntrust Resort Holdings, the Philippine-listed unit of Hong Kong’s LET Group Holdings, says it will open Westside City in the fourth quarter of 2025. In the works since 2019, the complex was initially slated to open in 2022 but has been delayed numerous times. The $1.1 billion (£834 million/€969 million) project spans 31 hectares (310,000 square metres) along Manila Bay.
ASIA IN FOCUS - GGB News

1 week ago | ggbnews.com | Marjorie Preston

U.S.-China Trade War Hits Macau Casino StocksShares in Hong Kong-listed stocks toppled more than 13 percent April 7 as China and the United States escalated their trade war. It was the steepest decline since the 1997 Asian financial crisis, according to Macau Business. On April 2, U.S. President Donald Trump announced steep tariffs affecting trade partners around the world. China was hit with a 34 percent tariff on imports, in addition to two earlier rounds of 10 percent.
WEEKLY FEATURE: Thailand Pauses Casino Debate

1 week ago | ggbnews.com | Marjorie Preston

Thailand has put the brakes on its controversial Entertainment Complex Bill. The legislation, passed by the cabinet in March, was due for debate by parliament on April 9. But following a groundswell of public opposition—including a critical open letter from drafters of the 2007 constitution—the bill was pulled from the agenda.
US appeals court upholds billion-dollar Baha Mar award

2 weeks ago | igamingbusiness.com | Marjorie Preston

Last fall, the state Supreme Court ruled that Izmirlian, original developer of the Baha Mar resort in Nassau, Bahamas, was defrauded by contractor China Construction America (CCA), a subsidiary of China State Construction Engineering Corporation (CSCEC) and construction manager for Genting’s Resorts World New York. In the October ruling, Justice Andrew Borrok found that CCA “knowingly and falsely” promised to meet development deadlines when aware it was unable to do so.
Thailand postpones review of casino bill

2 weeks ago | igamingbusiness.com | Marjorie Preston

Amid rising opposition, Thailand has delayed the planned review of a controversial entertainment complex bill until summer. The debate, which had been set for tomorrow (9 April), will take place in the next legislative session. The bill, passed by cabinet in March, would legalise up to five casino resorts in four locations around Thailand.