Asia
Macau casino stock prices surge after easing of travel restrictions

In a rare piece of positive news for the gambling and casino industry, casinos in Macau saw their stock prices surge this week after the neighboring province of Guangdong eased travel restrictions to allow more people to visit the gambling capital of the world.
Macau has since 2007 generated more gambling revenue than any place on Earth, outstripping Las Vegas. However, the onset of the coronavirus pandemic, and the subsequent travel bans, have severely damaged the Chinese region economically.
Figures from June reported a 97 percent decline in casino revenue year-on-year, the lowest decline in Macauâs history, while last monthâs reports meant Macau suffered year-on-year decline of more than 90 percent for three successive months.
Macauâs financial difficulties during the Covid-19 outbreak have been reflected in other gambling hotspots, including Las Vegas and New Jersey, with thousands of jobs lost and thousands more at risk.
However, this week stock prices rebounded in a big way, offering a glimmer of hope that Macau and its leading casinos are on the road to recovery. Galaxy Entertainment closed at a 6.2 percent gain having at one point surged to 11.1 percent, while Sands China â another prominent company on the Macau strip â closed at a five percent increase.
The stock surges came after Guangdong ended its 14-day quarantine requirements for visitors crossing the Guangdong-Macau border, starting from July 15. Instead of a mandatory 14-day quarantine, visitors must now hold âgreenâ health cards and present a negative Covid test that proves they tested negative within the seven days prior to arriving in Macau.
Considering that Guangdong â with a population of more than 113 million people â was responsible for around half of Macauâs annual visitors last year, this easing of restrictions is a massive boost to Macauâs economy, and economic experts believe the city will start to rebound as a result.
âWe expect the removal of the quarantine requirement will lead to a rebound in Macauâs gross gaming revenue following a 77 per cent drop in the first half of 2020, and help reduce gaming operatorsâ cash burn,â said Sean Hwang, an analyst at Moodyâs Investors Service.
âHowever, we expect the recovery in Macauâs gaming market to be slow, given continued restrictions and new requirements for travel, sluggish economic growth across the region, and the publicâs lingering fear of contagion.â
Macauâs biggest strength in ânormalâ times has proved to be its biggest weakness during the pandemic. A special administrative region in China, Macau welcomes around 35 million visitors each year, the overwhelming majority of whom visit to gamble and enjoy the entertainment associated with the casino resorts.
As the only region in China with legal gambling, Macau has had a near monopoly on Chinese visitors who wish to gamble, plus the many international tourists who visit to enjoy the luxury and decadence on offer in the city.
However, as travel bans ground domestic and international tourism to a halt, Macauâs over-reliance on the casino industry has become horribly exposed. While casino operators in North America, Europe, and other parts of Asia have been able to pivot toward online casino betting services to help soften the economic blow, Macau has been left stranded due to Chinaâs restrictions on online gambling.
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Macauâs reliance on casino revenue has not been lost on the regionâs head of government, Ho lat Seng, who in April criticized the âexcessive dependenceâ on the gambling industry as it became clear just how badly hit Macau had been by the economic effects of the pandemic.
âWith the outbreak of the novel coronavirus, the gaming and tourism industries registered significant declines, with profound impact on industries connected to these areas,â Ho said. âThis demonstrates, once again, the vulnerability and the enormous risks of the Macau economy’s excessive dependence on gaming and tourism industries.
âThe healthy and stable development of the gambling and tourism sector will continue for a certain period of time and will be the basis of the continued stability of the economy of Macau. Nevertheless, if the monolithism of the industrial structure remains unchanged, it will inhibit the sustainable development of Macao’s economy.â
While Macau undoubtedly needs to do more to diversify its economy, the easing of travel restrictions and the stock market surge for casino operators at least offers some good news after months of nothing but doom and gloom.
Asia
Esports Returns to Singapore with BLASTâs Dota 2 Arena Event After Sellout Counter-Strike World Final 2024

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BLAST Dota Slam Singapore to take place this November at Singapore Indoor Stadium in partnership with Singapore Tourism Board and AEG Presents Asia
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The worldâs best Dota teams will meet in Singapore from 4th â 9th November 2025 to compete for a prize pool of $1,000,000 at the first ever BLAST Slam arena eventÂ
Esports entertainment company BLAST has announced the return of its world-class events to Singapore with the BLAST Dota Slam Singapore, set to take place in November 2025 at the Singapore Indoor Stadium, supported by the Singapore Tourism Board (STB).
This announcement follows the sellout success of the BLAST Premier World Final 2024, which marked BLASTâs Southeast Asia debut and saw more than ten-thousand fans pack out the Resorts World Convention Centre to witness the worldâs top Counter-Strike teams compete for the $1 million prize pool.
Building on that momentum, Singapore will now host the BLAST Dota Slam arena event, teaming up with AEG Presents Asia again to bring together the worldâs best Dota teams to battle it out for $1,000,000 in front of a live audience and millions of fans tuning in globally across 50+ territories and in 12 languages.
The BLAST Dota Slam Singapore is the latest milestone in BLASTâs global expansion into Dota 2, and reinforces Singaporeâs growing reputation as a premier destination for sports and live entertainment. It marks the second consecutive year the city-state has hosted a BLAST arena tournament, following the successful Counter-Strike event in 2024.
James Woollard, Director of Market Development at BLAST, said: âSingapore delivered one of the most passionate esports crowds weâve ever seen during last yearâs BLAST Premier World Final. Weâre thrilled to be returning with our next major arena show â this time for Dota 2 â and to once again partner with the Singapore Tourism Board and AEG Presents Asia to help to further grow Southeast Asiaâs esports ecosystem. The response to our events in Singapore has been incredible, and this Novemberâs Dota Slam promises to be another landmark moment for fans and for the region. Singapore has an impressive history and pedigree for the biggest international sporting events, supported by STB, and BLAST is proud to be building on this with the biggest esports events.â
Ms Lilian Chee, Director, Sports, Singapore Tourism Board, said: âWe are delighted to welcome BLAST back to Singapore, this time with the Dota Slam. Building on the success of the BLAST Premier World Final, this event further reinforces Singaporeâs reputation as a world-class destination for sports and live entertainment. We look forward to welcoming the passionate fans, players and partners once again to our vibrant city.â
BLASTâs return to Singapore is set to shine a global spotlight on the city while delivering significant economic benefits and meaningful destination marketing. With an estimated economic impact in the tens of millions, the tournament further demonstrates how esports events are evolving into major cultural and economic drivers for host cities â on par with large-scale traditional international sporting events.
With Singapore, Rio, London, Austin, and Lyon among the major destinations on BLASTâs global calendar this year, it is evident that governments, cities and tourism bodies are recognising the power of esports to attract young and engaged visitors, create jobs, and drive international visibility.
The post Esports Returns to Singapore with BLASTâs Dota 2 Arena Event After Sellout Counter-Strike World Final 2024 appeared first on European Gaming Industry News.
Asia
DSTGAMING Shortlisted in Two Categories at SIGMA Asia Awards 2025

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DSTGAMING has announced that it has been shortlisted in two prestigious categories at the SIGMA Asia Awards 2025: Best Platform and Best UI/UX. These nominations mark a significant achievement, recognising DSTGAMINGâs continued dedication to delivering high-performance, user-centric solutions in the iGaming sector.
The SIGMA Asia Awards celebrate the most impactful contributors across the iGaming industry in the Asia-Pacific region. To be shortlisted in both the Best Platform and Best UI/UX categories is a strong testament to DSTGAMINGâs dual focus on technological robustness and seamless user experiences.
DSTGAMINGâs all-in-one iGaming platform has been widely recognised for its scalability, reliability and flexibility. With modular architecture and full customisation capabilities, the platform empowers operators to tailor offerings precisely to their market needs. Its seamless integrations, powerful backend and real-time analytics tools offer an unmatched operational advantage to partners worldwide.
In the Best UI/UX category, DSTGAMING has gained recognition for prioritising intuitive navigation, visually engaging interfaces and mobile-first designs. The platform is built to deliver a smooth, immersive player journey across all devices â critical for enhancing engagement and retention in todayâs competitive market.
These dual nominations reflect DSTGAMINGâs core values: innovation, user satisfaction and technical excellence. The companyâs design and development teams have worked closely to align user interface aesthetics with operational functionality â ensuring both players and operators receive a seamless and responsive experience.
The post DSTGAMING Shortlisted in Two Categories at SIGMA Asia Awards 2025 appeared first on European Gaming Industry News.
Asia
GEG Title-Sponsors the âAlphabets & Friendsâ Literary and Cultural Festival

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Galaxy Entertainment Group (GEG) has been actively supporting cultural and artistic exchanges between China and Portuguese-speaking countries, and advancing the establishment of Macau as âa base for exchange and cooperation where Chinese culture is the mainstream and diverse cultures coexistâ. Spanning over 30 activities from April 4 to May 6, the âGalaxy Entertainment Group Presents: Literary and Cultural Festival for Parents and Children âAlphabet & Friendsâ 2025â (the Festival) was jointly organised by the Portuguese Institute of the Orient (IPOR) and the Consulate-General of Portugal in Macau and Hong Kong and title-sponsored by GEG. As part of the Festival, GEG hosted an exclusive parent-child story creation session at the Galaxy Kidz Edutainment Centre, inviting over 30 local children and parents from the Associação Promotora da Instrução dos Macaenses to participate. Together, they created and read Portuguese-language stories, deepening their understanding and interest in Portuguese culture through relaxed and interesting interactions. Since its inception in 2021, GEG has supported the Festival for five consecutive years, facilitating cultural exchanges within Macauâs Chinese-Portuguese community. Including this yearâs activities, the Festival has drawn participation from 40 local schools and institutions, totaling over 10,000 participants.
During the parent-child story creation session at the Galaxy Kidz Edutainment Centre, Ms. Catarina Mesquita, founder of Macauâs first trilingual childrenâs book publishing company, Mandarina Books, inspired the creativity of children in an educational and entertaining way, guiding them to use different Portuguese phrases and vocabularies to create unique stories based on everyday life. Portuguese cartoonist, Mr. Rodrigo de Matos, also attended the event and vividly illustrated the childrenâs ingenious ideas on canvas. The children and their parents added colorful stickers to their works afterwards in a warm and lively atmosphere. Additionally, Ms. Mesquita brought her books, published in Chinese, English and Portuguese, for the participating families to read together, allowing them to experience the joy of cross-cultural communication.
Mr. MĂĄrio Herculano Fernandes Estorninho, a representative from the Associação Promotora da Instrução dos Macaenses, said: âWe sincerely thank GEG and all the organizers for providing this rich cultural experience. The event not only sparked childrenâs creativity and imagination through engaging activities, but also fostered their interest in storytelling, improved their expression and comprehension skills in the Portuguese language, and deepened their understanding of Portuguese culture.â
For the first time, the series of activities in this yearâs Festival were the âreading pointsâ of the âReading Month in the City of Macao 2025â organised by the Cultural Affairs Bureau of the Macau SAR Government (ICM). The Festival was linked to a number of related initiatives, such as International Childrenâs Book Day, World Book Day and World Portuguese Language Day, with various activities ranging from concerts, theater performances, parent-child workshops, childrenâs book fairs and book launches around the theme of âArtificial Intelligence in Education â The Robot and Iâ held to the enthusiastic response of different sectors. Furthermore, at the âMini Libraryâ, one of the key events of the Festival, IPOR, the Consulate-General of Portugal in Macau and Hong Kong and GEG jointly donated a collection of nearly 400 books by Portuguese-language authors, including some bilingual editions released during the Festival, to nearly 40 non-tertiary local schools that include Portuguese in their curriculum in hopes of enhancing local youthâs interest in reading and deepening their understanding of the Portuguese culture through high-quality bilingual learning materials.
Over the years, GEG has upheld its philosophy of âWhat is taken from the community is to be used for the good of the communityâ by supporting Chinese-Portuguese cultural and artistic events in Macau through diverse ways, hoping to enrich the cityâs multicultural landscape. In this March, GEG sponsored the Macau Literary Festival for the 11th time, providing a platform for literary exchange between cultural and artistic advocates from China and Portuguese-speaking countries. Last year, GEG supported the âGEG Lusofonia Festivalâ for the second consecutive year, serving as one of its organisers for the first time alongside ICM. Since 2021, GEG has partnered with ICM to launch a variety of initiatives under the âEncounter in Macao â Arts and Cultural Festival between China and the Portuguese-speaking Countriesâ, including supporting the âGEG Traditional Music and Dance Performance in the Communityâ held at Galaxy Macau integrated resort for two consecutive years. Additionally, GEG has supported the âChina and Portuguese-speaking Countries Film Festivalâ for four consecutive years, co-hosting it twice and providing outdoor screenings at GEGâs revitalisation project â the Lai Chi Vun Shipyards during this past edition.
The post GEG Title-Sponsors the âAlphabets & Friendsâ Literary and Cultural Festival appeared first on European Gaming Industry News.
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