Saipan casino operator Imperial Pacific International (IPI) is once again warning investors that turning a profit is beyond its capacity at present.

On Friday, the Hong Kong-listed IPI issued a profit warning, saying that it expects to record a net loss when it hands in its 2018 financial report card on March 31. The company attributed the expected loss to falling revenue and the impairment of trade receivables, aka uncollectable gambling debts from high rollers either unwilling or unable to honor their markers.

IPI’s last profit warning came in August, ahead of the company’s H1 2018 report, which eventually revealed a 91.3% decline in profits to just HK$79m (US$10m). That report also featured the company writing off the staggering sum of $733m in uncollectable VIP gambling debts, nearly half of which was owed by just 10 clients.

As the saying goes, if it wasn’t for bad luck, IPI wouldn’t have any luck at all. The past year saw significant turnover in the company’s senior management ranks, labor unrest that contributed to missed deadlines for completion of its permanent resort (pictured), payroll hiccups and even a typhoon-related halt in operations. By November, IPI was forced to publicly refute rumors that the company was teetering on the brink of bankruptcy.

UK-listed gambling operator GVC Holdings suffered a double-digit fall in its share price on Friday after the company’s two senior executives sold off the bulk of their stakes in GVC.

GVC shares closed out Friday’s trading on the London Stock Exchange down nearly 14% to 588.5p, after trading as low as 557p before staging a minor rally. The sell-off came just days after GVC delivered a fairly impressive financial report card for 2018, although mergers & acquisition costs resulted in the company’s third straight year of net losses.

The sell-off happened following news that GVC CEO Kenneth Alexander and chairman Lee Feldman had divested themselves of nearly 3m GVC shares. Alexander (pictured) parted with 2.06m shares at a discounted price of £6.66 (cue devilish laughter from somewhere offstage), earning him £13.7m and leaving him holding 666,666 shares in his company (cue more devilish laughter).

Feldman sold 900k shares at the same discounted price, earning him a £6m payday, and leaving him with 287,408 shares in the company.

We’re well on our way on the road to WrestleMania, and the buildup will only intensify with this weekend’s WWE Fastlane. The card will feature eight matches, and if you’re a smart mark like me, you’ll be putting down some bets on who will come out ahead. Thanks to OddsShark.com, we’ve got the odds on each match.

Andrade (2/3) faces Rey Mysterio (11/10) in the preshow. This match only got added to the card recently and won’t feature prominently. It could be a coin flip, but the younger Andrade could use the push more, so that’s why he’s the favorite. Since it won’t be on TV though, Mysterio could always get a win to please the Cleveland, Ohio, fans.

The Usos (1/9) are huge favorites in their title defense against Best Wrestler in the World Shane McMahon and the Miz (5/1). This is expected to be a setup for a WrestleMania storyline between McMahon and the Miz, thus the heavy line against them.

Next we have a three-man tag between defending champions The Revival (4/11), Aleister Black and Ricochet (9/4), and Chad Gable and Bobby Roode (5/1). The Revival are also expected to defend while making Gable and Roode look good, in an effort to build up Raw’s tag team division.

The Chinese economy is turning green. It is registering general improvements, in spite of the ongoing U.S.-China trade war, and this is helping Macau’s positing in the gambling industry. As a result, the brokerage arm of Nomura, Instinet, has updated its position on the city’s gross gaming revenue (GGR) forecast for this year, and now expects Macau to see anywhere between 1-4% positive growth. Instinet had previously predicted a 3% contraction of GGR in the city.

In a note this past Wednesday from Instinet’s analysts, Harry Curtis, Daniel Adam and Brian Dobson, “Considering the fourth-quarter and year-to-date GGR, we believe that 2019 growth will settle in a range of 1 percent to 4 percent. One percent is consensus, but 4 percent growth is possible if GGR volumes follow the recovery in key China economic indicators.”

The Chinese gambling market is one of the most important sources of high-roller gambling income for Macau, as well as the city’s main source of mass-market gaming revenue. The analysts pointed out that there are a number of signs that the economy in mainland China is improving, leading to the revised forecast.

When the U.S.-China trade war was in full swing last November, Instinet had predicted that Macau’s VIP market segment would see contractions of as much as 10% this year. This was expected to offset the annual growth of either 3% or 4% that was expected for the slot machine and mass gaming segments.

Quezon City mayoral candidate and current Vice Mayor Joy Belmonte wants to ensure there are no problems in building a future casino in her city. She told the Philippine Inquirer that she’s working on passing a gambling ordinance to allow the casino’s construction.

In February, Bloomberry Resorts, the operator of the Solaire casino in Manila, Philippines, had received a $767 million loan to build a second location in Quezon City, at the Vertis North Complex. Assuming construction goes swimmingly, it would be completed by 2022 latest.

Not everything is finale though, and thus the need for Quezon City to actually allow the casino to take up that location. So Bloomberry talked to Belmonte, daughter of the former nine-year mayor of Quezon City and a solid bet to win her election.

“I understand the benefits. It was presented to me by Solaire that there will be these many jobs. There will be a hotel. The casino will be very small, etc.,” Belmonte said in an interview with the Inquirer. “I understand the benefits economically.”