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Macau achieved this milestone on the third day of the Chinese New Year celebrations, surpassing the previous record set on the same day in 2024.

Casino Filipino Talisay and Casino Filipino Grand Regal reported a collective loss of PHP86.49 million (US$1.48 million) in the 2024 financial year.

The period fell short of the predicted 6% growth and faced tough comparisons with 2024, which was boosted by high VIP volumes and stronghold rates.

This development comes as the Australian gaming group grapples with mounting debt and regulatory scrutiny for fraud and AML failures.

The ban is part of larger reforms by the Minns Labor Government to reduce gambling-related harm and is expected to be enforced in the next 12 months.

Analysts predict steady growth that aligns with the solid recovery trajectory and is expected to reflect 84% of pre-COVID GGR levels.

59% of 1,310 survey participants were against the approval of the Entertainment Complex bill, while 69% opposed legalizing online gambling.

The development is expected to allow Thailand to compete with Singapore and other regional neighbors as a global tourism and investment hub.

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