The President of the Thai Hotels Association has called for the country’s first entertainment complexes with casinos to be developed outside of existing tourist hotspots in order to help drive visitation to secondary cities.According to a report by The Nation, Thienprasit Chaiyapatranun was speaking
The figure was up 9.1 per cent in year-on-year terms.The Philippines.-TheDepartment of Tourism (DOT)has reported that the Philippinesreceived 626,900 tourist arrivals in January. That’s an increase of 9.1 per cent when compared to last year.South Korea remained the biggest source market, accounting
The government expects to receive investment applications worth at least THB1tn (US$29.7bn).Thailand.- Pichai Chunhavajira, Thailand’s finance minister, has said he expects the country’s economy to grow between 3 and 3.5 per cent this year. The growth would be driven by foreign investment and touris
The Central Investigation Bureau (CIB) of Thailand recently conducted large-scale raids at five locations in Chonburi Province, successfully cracking a money laundering case involving over 40 tourism and real estate companies.The case is linked to a Chinese scam syndicate that used cryptocurrencies
Inside Everest, Atlantic City’s newest marijuana dispensary, a Mount Everest-themed shop with Tibetan prayer flags lining its ceiling and mounted black and white photos of the Steel Pier left from the check cashing shop it replaced, assistant manager Steven Parrish is making the case for why the sho
Ever since visionary entrepreneur Eman Pulis founded SiGMA in 2014, it has become a leading presence in the gaming, FinTech, and emerging technology sectors, renowned globally for its groundbreaking approach and industry leadership. The following article dives into the impacts SiGMA Europe has had.
International visitor arrivals to the Philippines have reached more than 4.8 million so far this year, the country’s Department of Tourism said on Friday.In a statement quoted by the Philippine News Agency, the bureau said that, as of November 1, the number of international visitors to the Philippin
The Thai Fiscal Policy Office will submit public feedback on the proposed draft casino resort bill to the Cabinet.Thailand.- The Fiscal Policy Office (FPO) has reported that 45 suggestions will be put forward based on feedback from public hearings on the draft bill to legalize casino entertainment c
Philippine conglomerate Robinsons Land Corp said in a Thursday filing that one of its units would add an “ultra-luxury” NUSTAR-branded hotel to “complete” NUSTAR Resort and Casino, a Cebu tourism complex.Robinsons Land is controlled by privately-owned Gokongwei Group. The latter is also the promoter
All ratings carry a stable outlook.Malaysia.- Fitch Ratings has affirmed Genting Berhad‘s long-term issuer default rating at BBB. The ratings for the wholly-owned subsidiaries, Genting Berhad Overseas Holdings Limited (GOHL) and Resorts World Las Vegas LLC (RWLV), have been affirmed at BBB and BBB-,
The number of visitors was down 3.75 per cent sequentially.Singapore.- The Singapore Tourism Board (STB)has reported that the country received 1.54 million visitors in August. That’s a 17.3 per cent increase in year-on-year terms but a decline of 3.75 per cent sequentially.Of the total arrivals, 403
Las Vegas is gearing up for an influx of tourists over the three-day Labor Day weekend that begins Friday, with city officials anticipating greater visitation numbers and spending than in 2023. According to the Las Vegas Convention and Visitors Authority (LVCVA), an estimated 331,000 people will be
The Macau Government Tourism Office (MGTO) has joined forces with gaming operators to launch experience-based promotions for international tourists, offering over 100 prizes to encourage visitation to Macau in the second half of 2024. The ‘Experience Macao Limited Edition’ International Promotional
Sri Lanka’s Ministry of Tourism has pledged its full support for the SiGMA South Asia event, which is set to debut in Colombo in 2025. The Sri Lanka Convention Bureau (SLCB) officially endorsed the event, calling it a significant opportunity for the country's tourism and gaming sectors. In a letter
The average occupancy rate for Macau’s five-star hotels reached 90.8% in the first half of the year, the Macao Government Tourism Office (MGTO) has reported. The figure marks a 10.2 percentage point increase from the previous year. The average room rate grew 12.4% to MOP1,582.4 ($197). The growth r
Analysts are cautiously optimistic about Macau’s potential gross gaming revenues (GGR) in August following July’s disappointing performance. In July, the casino industry saw GGR fall short of market expectations, according to analysts. TheGaming Inspection and Coordination Bureau reported a GGR of n
