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HKJC Pours HK$39.3B into Community Amid Gambling Challenges

The Hong Kong Jockey Club contributed HK$39.3 billion ($5 billion) to the community in FY2025/26, achieving record turnover despite an illegal gambling surge and basketball betting suspension.

GKL Casino Sales Plunge 25% in August Amid Revenue Dip

GKL’s August casino sales collapsed 25.4% month-on-month to US$23 million, signaling a sharp contraction in South Korea’s foreigner-only gaming sector despite a 10.5% surge in total casino drop.

Macau Casino Promotional Spend to Rise in 2H 2026

CBRE forecasts Macau casino operators will boost promotional spending to US$1.73 billion by December 2026 to compete for premium customers amid intense market competition.

Kangwon Land CEO Unveils K-HIT Tourism Expansion Plan

Kangwon Land’s new CEO Kim Do-gyun pledges to transform the High1 Resort into a regional tourism hub, investing KRW3 trillion in the K-HIT project to link casino operations with local heritage sites.

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