Thursday, May 9, 2024

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Daily Asia Gaming eBrief: Melco’s revenues rise 224% y-o-y in 4Q23

Melco Resorts & Entertainment witnessed a considerable increase in total operating revenues during the fourth quarter of 2023, reaching $1.09 billion. This bump was attributed to the improved performance across all gaming segments and non-gaming operations.

Singapore’s tourism growth to slow amid elevating competition: Insider 

Singapore is expected to experience a slowdown in tourism and gaming in 2024 due to escalating competition in the region, says Tradeview Capital Sdn Bhd CEO Ng Zhu Hann.

Daily Asia Gaming eBrief: Malaysia tourism sector to excel in 2024

Tradeview Capital Sdn Bhd CEO Ng Zhu Hann believes Malaysia's tourism market will outperform its ASEAN competitors in 2024. In an interview with AGB, Ng commented that thanks to mutual visa-free entry for Malaysia and China, along with the historically low ringgit, the country’s tourism market is expected to excel this year.

Visa-free and historical low ringgit drive Malaysia to outperform: Tradeview Capital CEO

Malaysia's tourism market is highly expected to outperform this year among ASEAN competitors, says Tradeview Capital Sdn Bhd CEO Ng Zhu Hann.
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Face to Face: Niall Murray – Macau’s move beyond junkets/horse racing

Veteran gaming expert and consultant Niall Murray takes a deep dive into Macau's shift away from junkets and VIP, possibilities and challenges for MICE and the cancellation of Macau's horse racing concession.

Daily Asia Gaming eBrief: State of Play in Asian gaming: Michael Zhu

Macau continues to hold its gaming crown, the Philippines will see continued growth, while Thailand could see a casino even before Japan, and up to half of the Emirates could be seeking casino licenses. Expert and independent consultant Michael Zhu breaks down the state of play in Asian and regional gaming in this week’s Face to Face.
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State of play of Asian gaming with Michael Zhu

Asian gaming has returned to normality, with Macau grabbing its crown again and the Philippines expected to see continued growth. Expert Michael Zhu points out what's new and exciting regionally in this week's Face to Face interview.

Your Daily Asia Gaming eBrief: Henqgin recovery outpacing Macau, still bodes well: expert

Build it, across the border, and they will come. Such is the story of Hengqin, whose recovery is outpacing its neighboring gambling hub Macau.

Your Daily Asia Gaming eBrief: VIP on the rise as Macau stabilizes

As much as Macau evolves, it always needs VIP.

Your Daily Asia Gaming eBrief: Genting Singapore sees $258mln profit in 2022

Singapore, lovely Singapore. The merlion city cemented its Asian gaming crown in 2022, with Resorts World Sentosa seeing massive upticks in gaming revenue, leading the group to a stunning $258 million profit.