Asia
Wynn Macau Reports 60% Drop in Operating Revenues in Q3 2021

Wynn Macau has reported some US$10.1 million in positive adjusted EBITDA in the third quarter of this year, an 85% sequential drop, as operating revenues decreased 60% to US$181.3 million, according to the company’s latest results.
As the results were announced, the group revealed that CEO Matt Maddox will be leaving Wynn Resorts on 31 January 2022, and will be replaced by current CFO Craig Billings.
Maddox will remain on the boards of Wynn Macau and Wynn Interactive until the end of 2022 to ensure a smooth transition while concessions are renewed.
Craig Billings joined Wynn Resorts in 2017 as CFO and has served as President of the company, as well as CEO of Wynn Interactive.
“Matt has done an incredible job as CEO since his appointment four years ago. He very successfully led the company through what could have been one of the most disruptive business transitions in decades,” Philip G. Satre, Chairman of the Board for Wynn Resorts, said.
Operating revenues from Wynn Palace reached US$181.3 million for the third quarter of 2021, with Property EBITDA at US$12.1 million, while Wynn Macau reached US$130.7 million for the period but with a negative Adjusted Property EBITDA of US$1.9 million.
“We are confident that Macao will benefit from the return of consumer demand as we progress through 2022,” commented Maddox in the financial report.
The group also ended the third quarter with US$306 million in gross gaming revenues, a third less than in the previous quarter, reaching a 24% market share of the Macao market.
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Asia
Thai Deputy PM Defends Entertainment Complex Bill as Shield Against US Trade Move

Thai Deputy Prime Minister Phumtham Wechayachai has defended the Entertainment Complex Bill, set for parliamentary debate on April 9, as a vital economic measure amid rising US tariffs on Thai goods.
While opposition continues inside and outside parliament, Mr Phumtham insisted the bill’s fate should be decided through democratic processes — not protests.
The bill, which includes casino operations within an integrated entertainment complex, aims to generate significant revenue and counter the 36% US tariff hike on Thai goods — far higher than Singapore’s 10%, he said.
Mr Phumtham argued the measure would boost Thailand’s financial resilience and dismissed concerns that it promotes gambling addiction. He said strict entry rules, including age and income restrictions, would help mitigate risk.
“This isn’t about encouraging gambling — it’s about economic survival,” he said.
He urged critics to join the parliamentary debate and cited results from the government’s online public hearing held between Feb 28 and March 14, in which more than 70,000 people participated, with around 80% supporting the bill.
While acknowledging the right to protest, he warned such demonstrations should not be seen as representing the entire nation.
He said public opinion often differs from that of opposition parties and civil groups, stressing the need to respect the democratic process and let parliament decide.
The post Thai Deputy PM Defends Entertainment Complex Bill as Shield Against US Trade Move appeared first on European Gaming Industry News.
Asia
Asian Poker Tour Announces Cancellation of APT Manila 2025

The Asian Poker Tour has announced the cancellation of APT Manila 2025, which was scheduled to take place from May 30 to June 8, 2025, at the City of Dreams Manila.
The next scheduled APT tour stop following the upcoming APT Taipei 2025—running April 25 to May 4 with a TWD 70M (~USD 2.1M) guaranteed Main Event—will be the APT Incheon 2025; boasting a KRW 2.5M buy-in Main Event with a KRW 1.5B (~USD 1M) guarantee running August 1-10 at the Paradise Hotel & Resort.
This will be followed by the APT Jeju 2025, which boasts a KRW 2.6M buy-in Main Event with a KRW 2.2B (~USD 1.5M) prize pool guarantee and runs from September 26 to October 5 at Jeju Shinhwa World.
The 2025 APT poker schedule will conclude with the thrilling end of year APT Championship (APTC), which runs from November 14-30, 2025 at the Red Point Center’s brand new “Red Space” venue located in central Taipei.
The APTC Main Event boasts a massive TWD 165 million (~USD 5 million) prize pool guarantee – the largest the tour has ever offered.
Players can win their seat to this exciting TWD 350,000 (~USD 10,700) freezeout by competing in the tour’s three signature events—the APT Main Event, the APT High Roller and the APT Super High Roller—at each of the three remaining APT tour stops preceding the APTC.
The post Asian Poker Tour Announces Cancellation of APT Manila 2025 appeared first on European Gaming Industry News.
Asia
Birmingham City Forms Alliance with GOD55 as Their Official Asian Betting Partner

GOD55, a premier online gaming platform and leading operator in Southeast Asia, is proud to announce its partnership with Birmingham City Football Club as the club’s Official Asian Betting Partner.
Established in 2016, GOD55 has become one of the biggest and most trusted brands in the online gaming industry, offering a wide range of betting and entertainment options, including casino games, sports betting, and live dealer experiences. Leveraging cutting-edge technology, the platform provides users with seamless mobile and desktop access, real-time data integration, and high-quality streaming for live events.
As part of this exciting partnership, GOD55 has launched an exciting announcement film, filmed on location at Birmingham City’s St. Andrew’s @ Knighthead Park and Elite Performance Innovation Centre.
A spokesperson for GOD55 commented: “We are delighted to partner with Birmingham City, a club with a rich history and a dedicated global fanbase. This collaboration reflects our commitment to connecting with football enthusiasts and delivering an enhanced entertainment experience. Together, we aim to engage fans in innovative ways, celebrating the beautiful game while offering a world-class gaming platform for our users in Asia.”
Birmingham City also expressed their excitement about the partnership: “We’re thrilled to welcome GOD55 to the Birmingham City family as our Official Asian Betting Partner. This partnership highlights the club’s growing international appeal and provides an opportunity to further engage with our supporters in Asia. We look forward to working closely with GOD55 to achieve great things together.”
The post Birmingham City Forms Alliance with GOD55 as Their Official Asian Betting Partner appeared first on European Gaming Industry News.
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