Friday, March 29, 2024

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Daily Asia Gaming eBrief: Junket’s new role in the Macau gaming sector – Alidad Tash

A dying breed with a new role—that's how 2NT8 Limited’s Managing Director Alidad Tash described junkets in the ‘new normal’ after a new gaming law was introduced in Macau and the Chinese government crackdown on illegal activities associated with the trade. Tash also delved into the need for Macau authorities to provide more guidance to operators on how they intend them to invest in non-gaming. Meanwhile, Philippine retail gaming provider, DigiPlus, has claimed the top spot on the Philippines Stock Exchange, outperforming nearly 300 listed companies in terms of stock price growth, with a 232 percent jump throughout 2023. Gambling legislation that had been submitted into the Curacao parliament is also facing a tough road ahead as legislators and lawyers in the Caribbean island rejected the bill and criticized its drafting.
00:16:23

Macau: Junkets, RFID and gov’t partnership – Alidad Tash

In the second part of the Face to Face sit down with 2NT8 Limited’s Managing Director Alidad Tash, we delve into the shifting role of Macau's junkets, the frontloading of non-gaming spend – now upped to nearly $16 billion over 10 years, and how to align government and private-sector initiatives to benefit both. In addition, RFID tech is placing MGM China far ahead of the competition.

Daily Asia Gaming eBrief: Alidad Tash: The Macau key winners and losers in 2023

Alidad Tash picks the top Macau champions and losers for 2023 - with MGM emerging as the underdog. A restructuring of the market means that 2024 should prove quite interesting, as the operators should continue to thrive. Meanwhile, analysts at Goldman Sachs have called Galaxy's performance 'flat' as the group negotiates increased spending associated with its new hotels and large-scale events, even as gaming win turns sour.
00:10:01

Face to Face: Alidad Tash – winners of 2023, expectations for 2024

The year 2023 proved a heady mixture of anticipation, relief, giddiness and ever-present dread, as Macau fought its way back to its worldwide gaming crown. 2NT8 Limited's Managing Director Alidad Tash points out the clear winners and losers for the year - highlighting underdogs such as MGM.
00:08:54

ASEAN Gaming Summit Speaker Preview: Alidad Tash

Alidad Tash gives us a preview of some of the key talking points he'll be addressing as part of a panel at the upcoming ASEAN Gaming Summit, running from March 21st to 23rd in Manila.
00:10:17

Not until a made-in-China mRNA vaccine: Alidad Tash

Alidad Tash estimates Macau's 2023 GGR to reach about 40 percent of 2019 levels and that we won't be getting out of a covid zero policy well into the second quarter of next year - once a Made-in-China mRNA has been approved, and administered to the vast majority of the Mainland's population.

Pixel Companyz ties up with Alidad Tash’s 2NT8

Pixel Companyz and Alidad Tash’s 2NT8 have signed a business contract for Japanese IR development regarding market research and financing.

Your Daily Asia Gaming eBrief: Macau needs to shift from its zero-covid policy: Tash

Macau and Mainland China remain the only regions in Asia-Pacific sticking to their Zero-Covid policy.
00:11:40

Macau needs to shift from its zero-covid policy: Tash

Alidad Tash, Managing Director of 2NT8 Limited believes the time is now ripe for policy changes, particularly when it comes to the Macau Zero-Covid policy.

Your Daily Asia Gaming eBrief: Macau Gaming and Non-Gaming

Macau. A complex city with complex problems. But some of those can be remedied, note Alidad Tash, Andy Choy and Vitaly Umansky. The experts take a deep dive into everything that the city needs to fix, rethink and retool, as it moves away from COVID and into its new period of progress.