A February 26, 2025 auction marked a turning point for the long-delayed Imperial Pacific International (IPI) casino project in Saipan, as locally chartered Team King Investment (CNMI) LLC emerged with the winning ¥ US$12.95 million bid. This offer includes not only the unfinished hotel-casino structure but also the option to acquire IPI’s casino license and shoulder certain liabilities linked to the bankrupt Hong Kong-based operator.
Nestled in the rugged landscapes of Gangwon Province, former coal-mining haven Kangwon Land is redefining itself—not just as South Korea's sole casino accessible to locals, but as a forward-thinking, sustainable resort aimed at balancing profit, community, and environmental well-being. The company is transforming its vision—guided by its leadership—into meaningful action.
Melco Resorts & Entertainment is placing its confidence in “smart” gaming tables as a transformative tool in Macau, though elevated player reinvestment continues to temper the benefits, according to Seaport Research Partners. At Seaport’s 2025 Annual Summer Conference, Vitaly Umansky highlighted management’s view that with full implementation by March, these smart tables are starting to yield richer data—information that, over time, should yield better understanding of customer behaviors, spending habits, and player value. However, Melco acknowledges that it's still early days in harnessing these insights—more time and accumulation of data will be needed for these analytics to reach full meaningfulness.
On August 21, 2025, Sri Lanka’s Parliament passed the Gambling Regulatory Authority Bill in its second reading, paving the way for comprehensive reform of the country’s gambling sector. Once signed by the Parliamentary Speaker, it will take effect as the Gambling Regulatory Authority Act.
Australia-listed gaming and hospitality operator Donaco International Ltd is set to be delisted from the Australian Securities Exchange (ASX) on August 20, 2025, following its full acquisition by On Nut Road Ltd (ONR)—a special-purpose vehicle tied to Argyle Street Management of Hong Kong.
Author: Janice Chew • Friday, 22/08/2025
