China and Singapore signed an agreement on Thursday for mutual visa exemption, set to take effect from February 9th.

Deputy Prime Minister of Singapore Lawrence Wong revealed on Thursday that China and Singapore plan to launch a bilateral visa-free policy as early as 2024.

Tourism is a “major focus” of Cambodia under the new leadership of the country’s Prime Minister Hun Manet, as the Southeast Asian country has “set up many initiatives to attract Chinese, not just Chinese tourism, but in general, all tourism to Cambodia,” notes gaming expert Daniel Li in an interview with AGB.

Singapore has outpaced its neighbors in regaining Chinese tourists, boasting a 96 percent recovery rate, well ahead of Thailand and Vietnam.

China's embassy in Singapore issued a strong advisory to its citizens, urging them to refrain from any form of betting while in the city-state, citing violations of Chinese laws regarding overseas gambling.

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.

Malaysia's tourism market is highly expected to outperform this year among ASEAN competitors, says Tradeview Capital Sdn Bhd CEO Ng Zhu Hann.

Although maintaining a ‘cautiously optimistic’ outlook for Genting Singapore in 2024, Maybank cuts its EBITDA and core net profit estimates by 6 percent and 11-12 percent, respectively.

The recent push for more liberalized visa policies between China and regional gaming jurisdictions is a boon for boosting a currently laggard rebound in punters from the region, with Macau (as a domestic market) and Singapore leading the pack for the Chinese New Year holidays.

Research highlights air links and visa issues as key contributors to China's outbound travel rebound in 2024. As more Asian countries waive visa requirements for Chinese travelers, casinos in the region stand to benefit.