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Experts warn of diminishing benefits of the Individual Visit Scheme in Macau
Macau's luxury spending has dropped significantly, despite increases to the Individual Visa Scheme, as VIPs dwindle and consumers become more frugal.
RFID tables benefits could be offset by privacy concerns: gaming expert
After Macau authorities announced their intention for all gaming concessionaires to adopt radio frequency identification (RFID) tables, commonly known as smart gaming tables, a gaming insider believes that the measure will have a "net neutral" impact on Macau’s gaming revenue.
Macau eyes Middle East and India to diversify its tourism, despite challenges due to cultural differences
Macau is seeking to meaningfully expand the percentage of its visitors from overseas, this time targeting the Middle East and Indian markets. However, a gaming scholar told AGB the move will be very challenging due to the cultural differences.
EvenBet Gaming publishes e-book that addresses poker launch challenges
Leading online gaming software developer, EvenBet Gaming, has released its latest e-book that is designed to support operators when launching an online and mobile poker offering in today’s marketplace.
Deutsche Bank expects Macau incumbent operators to keep concessions
Deutsche Bank is “firmly” of the view that the current six incumbent concessionaires currently operating in the market “will maintain their licenses,” the brokerage noted on a report from a recent field trip to a booming Las Vegas strip.
China VIP marketing a “dark art” that will return despite challenges
The global VIP business was in the spotlight again this week, with former Star Entertainment CEO Matt Bekier describing running the sector as being a “dark art.”
Macau stocks gain as analysts and investors cheer benign gaming law, though satellites lose out
Investors and analysts have welcomed the amendments to Macau’s gaming law, which proved to be far less draconian than feared for the six operators, but which appear to sound the death knell for satellite casinos.
Staff, cost control and vaccination near term challenges for Macau: Operators
Felix Ng -
Macau’s gaming operators continue to be optimistic about Macau’s medium and long-term future but have highlighted cost control, maintaining staff, and Macau’s low vaccination rates as near-term challenges.
Norwich scandal highlights online regulatory challenge
English Premier League Club Norwich City this month had to dump its lead Asia-facing sponsor due to inappropriate advertising, highlighting the difficulties of regulating global online gaming, even in a jurisdiction regarded as one of the gold standards.
A legal challenge to Tamil Nadu’s online poker ban
Felix Ng -
The All India Gaming Federation has challenged the constitutional validity of the Tamil Nadu Government's ban on online poker.