SJM Holdings, one of Macau’s Big 6 casino concessionaires, will shut down its Casino Grandview Wednesday night. Macau casino operators will close most of their satellite operations by the end of 2025. The first to go is Casino Grandview in Taipa. Concessionaire SJM Holdings will close the satellite effective 11:59 p.m. Wednesday, ahead of schedule. Merchants in the city have worried the closures will reduce foot traffic around satellite venues. Their fears are justified, says Iun Ioc Va, president of the Industry and Commerce Federation of Islands of Macau. “Apart from Casino Grandview, other satellite and gaming venues in the…
Author: CYPRUS EYE
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Q2 revenue at BetMGM jumped 36% YoY, thanks to growth across both betting and iGaming. Growth was seen across almost all verticals in Q2 except retail. BetMGM has increased its full-year guidance for the second consecutive quarter after the operator exceeded expectations during Q2, with EBITDA now set to amount to at least $150 million in 2025, up 50% from its previous forecast. The figure, revealed in an update ahead of its full Q2 earnings report on Tuesday, is some way ahead of the initial “EBITDA positive” guidance issued during BetMGM’s full-year 2024 results. It also exceeds the subsequent guidance…
Update July 29, 1:25 pm UTC: This article has been updated to add comments from a Bubblemaps spokesperson. Blockchain analytics platform Bubblemaps raised concerns about Rugproof, a self-described Solana-based launchpad that claims to protect investors from rug pulls. Ironically, Bubblemaps alleged that the project may be orchestrating the type of exploit it claims to prevent. On Monday, the analytics platform shared information about the project, saying someone had built an allegedly “Rugproof Launchpad” just to “rug” users. Rugproof claimed on its website that it lets anyone create tokens with “zero-risk early investment, anti-dump mechanics and built-in rewards for loyal holders.”…
The United States has filed a civil complaint seeking the forfeiture of $2.4 million in Bitcoin seized by the Dallas FBI, bolstering the proposed US Strategic Bitcoin Reserve. The civil complaint filed in the Northern District of Texas on Thursday calls for the forfeiture of 20.2 Bitcoin (BTC) seized from an address allegedly associated with a member of the Chaos hacker group, which has been tied to ransomware attacks, the Texas US Attorney’s Office said in a statement on Monday. Dallas FBI executed the crypto seizure on April 15 this year, according to the complaint, alleging it was the proceeds…
A rising tide of artificial intelligence bands is ushering in a new era where work will be scarcer for musicians. Whether it’s Velvet Sundown’s 1970s-style rock or country music projects, “Aventhis” and “The Devil Inside,” bands whose members are pure AI creations, are seeing more than a million plays on the streaming giant Spotify. No major streaming service clearly labels tracks that are entirely generated by AI, except for France’s Deezer. Meanwhile, the producers of these songs tend to be unreachable. “I feel like we’re at a place where nobody is really talking about it, but we are feeling it,”…
If Rupert Murdoch becomes a white knight standing up to a rampantly bullying US president, the world has moved into the upside-down. This is, after all, the media mogul whose US television network, Fox News, actively supported Donald Trump’s Big Lie about the 2020 presidential election result and paid out a US$787 million (about A$1.2 billion) lawsuit for doing so. It is also the network that supplied several members of Trump’s inner circle, including former Fox host, now controversial Defense Secretary Pete Hegseth. But that is where we are after Trump filed a writ on July 18 after Murdoch’s financial…
This article first appeared on Pacific Forum and is republished with permission. Read the original here. The recent attacks by Israel and the United States on Iran’s clandestine nuclear facilities have had a detrimental effect on the economic and energy security of the Indo-Pacific region. The Iranian Parliamentrecommendedto the Supreme National Security Council, chaired by Supreme Leader Ali Khamenei, to close the Strait of Hormuz, a limited passageway that is responsible for20% of global oil shipments. The dependence of major Indo-Pacific economies on oil trade that traverses the Strait of Hormuz is not trivial. In 2025, approximately 80% of Japan’s,…
Palestinian Awdah Hathaleen was from Masafer Yatta, a community whose resistance to Israeli settler violence was documented in the Oscar-winning film No Other Land. An Israeli settler has shot and killed Palestinian activist and teacher Awdah Hathaleen in a village near Hebron in the occupied West Bank, local officials and journalists said. Hathaleen was well known for his activism, including helping the creators of the Oscar-winning film No Other Land, which documents Israeli settler and soldier attacks on the Palestinian community of Masafer Yatta. He “was shot dead by settlers … during their attack on the village of Umm al-Khair”,…
A lone attacker armed with an assault-style rifle killed four people, including a New York Police Department (NYPD) officer, before fatally shooting himself inside a skyscraper in New York’s Manhattan area, according to the police. The shooting is still under “active investigation”, New York City Police Commissioner Jessica Tisch told reporters at a news conference late on Monday. Police said the motive behind the shooting was still unknown. The rampage happened at the skyscraper – home to the headquarters of the National Football League (NFL) and Blackstone, one of the world’s largest investment firms, among others. So, who were the…
Eleven people were injured Saturday when a 42-year-old man stormed into a Michigan Walmart and began stabbing shoppers in what authorities call a random attack. The victims, ages 29 to 84, were taken to the hospital after the violence in Traverse City, a Munson Healthcare spokesperson said. A customer described hearing commotion a few aisles over as she picked up items. Still shaken from the incident, Julia Martell said she ran down an aisle as the suspect barreled past someone and “angled toward me.” “I’m still sitting and grappling with the weight of realizing that it was kind of a…