Asia Gaming Weekly News Bulletin – ISSUE 47 Week of 12 January 2026
(1) Macau Gaming Market Concentrates Further As Top Operators Gain Share
Galaxy Entertainment, Sands China, and MGM China solidified their dominance in Macau gaming market.
(2) Delhi Police Conduct Raid on Illegal Gambling Operation, Arrest Three
Delhi illegal gambling raid led to the arrests of three men and seizure of cash funds.
(3) Okada Manila GGR fell 20% in 2025 on Weak VIP Play
Okada Manila reported a decline in gross gaming revenue for fiscal year 2025, primarily due to a sharp decrease in VIP play, despite stable performance in mass-market and gaming machine revenues.
(4) Hann Casino Resort appoints eGames provider PhilWeb to operate its online gaming platform
PhilWeb has entered a strategic partnership to operate and manage Hann Casino Resort’s regulated online gaming platform, supporting the resort’s expansion into the Philippines’ licensed domestic eGames market while it simultaneously grows its land-based casino and luxury lifestyle estate footprint.
(1) Macau Gaming Market Concentrates Further As Top Operators Gain Share
(Photo Credit: Asia Gaming Brief)
Macau’s gaming industry is demonstrating significant signs of renewed concentration, as the three largest concessionaires – Galaxy Entertainment, Sands China, and MGM China – are strengthening their dominance in gross gaming revenue (GGR) during the fourth quarter of 2025, according to a recent CLSA study. Analyst Jeffrey Kiang highlighted in a January sector outlook that these companies recorded year-on-year gains in both overall GGR market share and table GGR share, reinforcing a trend of market leadership in the world’s largest casino hub.
The report estimates that Macau’s total GGR increased by 15 percent year-on-year in the fourth quarter, reaching approximately MOP 66 billion ($8.23 billion), and boosting sector EBITDA by 16 percent to around $2.2 billion. CLSA noted that the major players – Galaxy, Sands China, and MGM China – were the primary beneficiaries of market share reallocation, while smaller operators struggled to keep pace. Sands China’s recovery was particularly impressive, with its table GGR share rising to between 24-24.5 percent compared to 21-24 percent a year earlier, and its overall GGR market share nearing 25 percent.
The study attributed some of this market share shift to structural changes, including the ongoing closure of satellite casinos, which has redirected demand towards larger integrated resorts and contributed to a trend of consolidation among operators. CLSA emphasized the healthy signs of this consolidation phase, favoring companies with substantial resources and diversified property portfolios. Furthermore, the report indicated a widening gap in dividend prospects among Macau’s concessionaires, with only four operators – Galaxy Entertainment, MGM China, Sands China, and Wynn Macau – expected to declare final dividends for the 2025 financial year. Galaxy and MGM are particularly well-positioned to increase their payout ratios due to strong cash reserves and limited near-term expenses, whereas Sands China’s dividend sustainability heavily relies on its operational cash flow.
News Source: https://agbrief.com/news/macau/12/01/2026/macau-gaming-market-concentrates-further-as-top-operators-gain-share-clsa/
(2) Delhi Police Conduct Raid on Illegal Gambling Operation, Arrest Three
(Photo Credit: Google Maps/ readwrite)
Delhi police in Kalyanpuri have arrested three individuals in connection with an alleged illegal gambling operation and have confiscated cash and other related assets. The Special Staff of East District Police conducted a raid in a public location where the suspects were reportedly engaged in illegal gambling activities.
The operation took place after police received a tip-off regarding illegal gambling occurring near Trilokpuri Park, close to a public toilet. After verifying the information, a police team executed the raid, resulting in the arrest of 35-year-old Deepak Kumar, 26-year-old Govind, and 34-year-old Mohammed Amir.
All three men are residents of Delhi, with Kumar suspected of managing the cash stakes, Govind accused of accepting bets and maintaining records, and Amir believed to be coordinating the games and tracking bets. The police reported that the group conducted their illegal activities in a public space to evade detection, with cash stakes totaling Rs. 12,090 ($150) and gambling materials such as betting slips and a mobile phone seized during the raid. Investigations are ongoing as authorities continue their efforts to combat illegal gambling in the region.
News Source: https://readwrite.com/delhi-police-arrest-three-seize-cash-illegal-gambling-raid/?nowprocket=1
(3) Okada Manila GGR fell 20% in 2025 on Weak VIP Play
(Photo Credit: universal-777.com)
Okada Manila experienced a year-on-year decrease in gross gaming revenue (GGR) for fiscal year 2025, primarily attributed to a marked decline in VIP play, as indicated in a preliminary results filing released on 14 January 2026. The integrated resort, managed by Tiger Resort, Leisure & Entertainment Inc. (TRLEI), a subsidiary of Universal Entertainment Corp., reported a GGR of PHP27.81 billion ($467 million) for the year, reflecting a 20.1% drop from PHP34.82 billion ($584 million) in the previous fiscal year. While mass-market and gaming machine revenues remained relatively stable, the significant decline in VIP table performance was the main contributor to the overall downturn.
In the fourth quarter of 2025, GGR fell to PHP5.93 billion ($99.5 million), marking a 33.9% decrease from PHP8.98 billion ($151 million) in the same quarter a year prior. This notable drop underscores a substantial slowdown in high-end play during the final three months of the year, as indicated by the performance of VIP table games. Full-year VIP GGR plummeted to PHP6.19 billion ($104 million) from PHP11.11 billion ($186 million) in 2024, representing a decline of approximately 44.3%. In Q4 alone, VIP GGR collapsed to PHP667 million ($11.2 million), a staggering drop of nearly 78.9% from the previous year.
Conversely, mass-market table games showed relative resilience, with full-year GGR slightly declining to PHP9.86 billion ($165 million) from PHP10.94 billion ($184 million), a reduction of about 9.8%. In the fourth quarter, mass-market table GGR fell to PHP2.28 billion ($38.3 million), down 10.8% year-on-year. Meanwhile, gaming machines provided a steady revenue stream, generating a total GGR of PHP11.76 billion ($197 million) for the year, which was down 8% from PHP12.78 billion ($214 million) in the previous year. Total revenue for 2025, encompassing non-gaming segments like hotel, food and beverage, retail, and entertainment, reached PHP31.69 billion ($532 million), while adjusted segment EBITDA fell to PHP4.27 billion ($71.7 million), reflecting lower gaming volumes, particularly in the VIP segment.
News Source: https://agbrief.com/news/philippines/14/01/2026/okada-manila-ggr-fell-20-in-2025-on-weak-vip-play/
(4) Hann Casino Resort appoints eGames provider PhilWeb to operate its online gaming platform
(Photo Credit: Hann Casino Resort)
PhilWeb Corporation, a major Philippines eGames provider, has entered a strategic partnership to operate and manage the regulated online gaming platform for Hann Casino Resort. According to a filing with the Philippine Stock Exchange, PhilWeb will leverage its industry experience to provide operational and technical support, aiming to ensure regulatory compliance, enhance system performance, and improve overall efficiency for Hann’s online gaming business.
Under the agreement, Hann Casino Resort will retain oversight of its online gaming operations and remain responsible for adhering to responsible gaming standards, governance policies, and regulatory obligations. PhilWeb’s role is designed to complement these efforts with its technical expertise. This move aligns with Hann’s expansion into the Philippines’ growing licensed domestic online gaming market, known as eGames or PIGO, as the company simultaneously enlarges its land-based casino presence.
Hann’s foray into online gaming accompanies significant physical expansion. Last month, the company increased the gaming floor at its Clark property by roughly 50% in slots and 40% in tables and introduced a new dining concept called “The Canyon.” Additionally, Hann is preparing to launch Hann Reserve in New Clark City—a 450-hectare eco-luxury golf and lifestyle estate that will blend luxury residences, high-end gaming, dining, retail, an international school, and wellness facilities, marking a major diversification in its integrated resort portfolio.
News Source: https://asgam.com/2026/01/15/hann-casino-resort-appoints-egames-provider-philweb-to-operate-its-online-gaming-platform/
