Grand Korea Leisure (GKL), the operator of the Seven Luck Casino casinos in South Korea, reported a 6.3% year-on-year decline in net profit for the first quarter of 2026.
The Philippine gaming industry continues its rapid digital evolution as PhilWeb Corporation and Tiger Resort, Leisure and Entertainment, Inc. officially launched the “Okada Play” online gaming platform on 13 May 2026. The rollout represents a significant milestone in Okada Manila’s broader digital transformation strategy and highlights the growing importance of omnichannel gaming ecosystems across Asia.
The launch follows the partnership announcement made between both companies earlier in March and signals a deeper push by Okada Manila into the regulated online gaming market in the Philippines.
MGM China CEO Kenneth Feng revealed at G2E Asia this week that the company’s premium suite products can generate “up to five times more” yield than a regular hotel room — offering a rare inside look into why Macau operators are aggressively converting hotel inventory into high-end suites.
The comments come as all six Macau concessionaires continue upgrading premium accommodation offerings, even as the city faces record tourism volumes and a reduction in overall hotel room inventory.
Genting Singapore has reported a challenging start to 2026, with net profit falling 55% year-on-year to SG$65.2 million (US$51.2 million) despite relatively stable overall revenue performance at Resorts World Sentosa.
Galaxy Entertainment Group delivered another strong quarter in Macau, posting resilient financial results despite management openly acknowledging that the group “played unlucky” during the period.
According to results released for the first quarter of 2026, Galaxy Entertainment Group (GEG) recorded net revenue of nearly HK$12.4 billion (US$1.58 billion), representing an 11% year-on-year increase, although revenue declined 10% sequentially from the previous quarter.
Author: Janice Chew • Thursday, 14/05/2026
