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.
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’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.
The Philippines’ Department of Tourism has signed a memorandum of understanding with Newport World Resorts to promote entertainment-led tourism. The partnership aims to encourage visitors to stay longer and spend more.