Despite Macau having no new cases for the past seven months – which makes Macau one of the safest places for people to visit, health and safety is still top-of-mind for casino operators and players.
And with IGT’s ADVANTAGE casino management system, it offers a cashless gaming environment with innovative bonusing features that enable casinos to generate greater profits and manage their gaming floors more effectively. Also a reduction in cash handling lowers costs and risk while providing a safer environment for staff and customers.
Given the current situation with COVID, IGT has also adapted our games roadmap to the current environment to focus on the best performing games that players enjoy – driving higher player visitation and revenues.
Of course, one of our best performing games is Ying Cai Shen and the rollout of this product is continuing across the region. With its frequent free games trigger and gigantic-wins, plus multi-denominations, jackpot start-up / cost to cover options it’s the ultimate game for players and operators.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
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In a series of court hearings, Imperial Pacific International has made various excuses as to why it has been unable to meet its commitments. The lawyer for Chairwoman Cui Li Jie claims that she is ignorant of the US legal system and is, in any case, powerless to fulfill the court’s demands. Attorney Michael Dotts, meanwhile, is arguing that IPI simply does not have the funds to pay what it owes under the consent judgement. However, in another case dealing with sexual harassment, former CNMI Senator Ray N. Yumul appears to have begun his work representing IPI as its CEO.
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The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
