MGM Resorts International is making strategic moves to expand its global footprint by exploring new integrated resort (IR) developments in Thailand, the UAE, and New York. This bold expansion is supported by the company’s solid financial position, characterized by low leverage and the recent issuance of $850 million in unsecured notes. With ongoing developments in Osaka and future plans in Thailand through its Macau subsidiary, MGM is demonstrating a strong commitment to international growth. This diversification not only positions MGM to tap into emerging markets but also strengthens its long-term competitive edge.
The Asian Poker Tour (APT) is set to make waves with APT Manila 2024, featuring a remarkable PHP 100 million (USD 1.7 million) guaranteed Main Event. Taking place from October 28 to November 7 at the luxurious City of Dreams Manila, the event promises intense competition with a buy-in of PHP 85,000 (USD 1,510). This year, the festival will showcase over PHP 170 million (USD 3 million) in total guarantees, bringing together poker enthusiasts from across the globe. With high-roller events and a Mystery Bounty Hunter event, it is poised to be a premier poker extravaganza.
The Ultimate Fighting Championship (UFC) is set to make a highly anticipated return to Macau on November 23, 2024, marking its first event in the region in a decade. This exciting announcement comes as the UFC partners with Galaxy Macau to host UFC Fight Night at the state-of-the-art Galaxy Arena.
The casino industry has always been at the forefront of adopting the latest technologies to attract and entertain players. From the bright neon lights of the Las Vegas Strip to the opulent resorts of Macau, casinos have continuously evolved to provide an unparalleled gaming experience. Today, we're witnessing a technological revolution that's reshaping the very essence of how we gamble and interact with casinos.
When you think of casino capitals in Asia, destinations like Macau and Singapore likely come to mind first. However, there's a new player making waves and rapidly emerging as the region's next gaming powerhouse – the Philippines.This archipelagic nation of over 7,600 islands is riding a casino boom that experts predict will soon see it overtake Singapore as Asia's second-largest gaming hub after Macau. Let's explore what's fueling this remarkable rise.
Author: Janice Chew • Wednesday, 18/09/2024
