ASEAN Gaming Summit releases China Travel Trends Whitepaper
Despite recent economic turmoil caused by the outbreak of the coronavirus, Chinese outbound tourists are expected to remain as the main-stay market key to Asia integrated resort growth, with Chinese border crossings expected to reach 400 million by 2030.
This week, the team at Asia Gaming Brief is pleased to release a whitepaper about the future of Chinese outbound tourists, with insights delivered by Dr. Wolfgang Arlt of the China Outbound Tourism Insititute, and Prof. Glenn McCartney of the University of Macau.
These two experts will also be speaking at the ASEAN Gaming Summit 2020, held on 28-30 July 2020 at Shangri-La At The Fort in Manila.
Macau’s VIP gaming sector is undergoing a cash crunch as customers withdraw billions of dollars in deposits due to concern about Beijing’s crackdown on capital flows for gambling purposes, Reuters reports.
Online lottery company 500.com said a special investigative committee (SIC) established to probe its role into an alleged bribery scandal in Japan found that there had been no violation of the Foreign Corrupt Practices Act.