Cambodia and Macau are expected to lead the recovery in Asia-Pacific gaming this year, trailed by Singapore and the Philippines, according to a report from Colliers International. Cambodia's gross gambling revenue may hit 60 percent of its pre-Covid base.
Fitch Ratings predicts a slow return in international tourism flows across the Asia Pacific to begin in 2H21, but arrivals will remain well below pre-pandemic levels and projections will depend on virus containment and effective vaccine distribution.
Commentators in the Vietnamese media have been raising questions about why some casino stocks are seeing massive increases in their stock values while they continue to report financial losses each quarter.
China and Vietnam have agreed on a security pact to cooperate in busting crimes linked to areas such as cross-border gambling, telecom fraud and terrorism.
NagaCorp’s US$350 million Angkor Lake of Wonder project has drawn eyes narrowed in suspicion from the United Nations’ cultural agency UNESCO.
The Goan government has granted a further six-month extension, until Sept. 30, to the six offshore casino boats in the Mandovi river.
Dr Mario Hardy, CEO of the Asia Pacific Travel Association (PATA) talks with Asia Gaming Brief Managing Editor Sharon Singleton about his organization’s forecasts for tourism recovery in Asia.