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When it comes to gambling, Australians are the world’s biggest losers. Based on average losses, in 2017 every person lost the equivalent of AU$1,000.
Asian governments are expected to eventually regulate online gaming, though lack of legislation is still a major factor holding back potential.
Japan has made MICE business one of the key pillars of its integrated resort policy, though it’s unlikely to topple Singapore as the regional leader.
Yokohama Mayor Fumiko Hayashi's announcement that her government would make an IR bid reshaped the licensing race in a way that few other events have done.
The hike in the casino entrance fee for local Singaporeans is further deterring already declining visitation to the island state’s two integrated resorts by residents, analysts said.