John English, CEO of Webe Gaming and partner with Global Market Advisors, discusses the rise of sports betting and online gaming and how Covid-19 has acted as a catalyst for widespread online acceptance in the U.S. He also discusses prospects in Asia and welcomes positive noises from India about the possibility of legal sports betting.
Two affiliates under the Emperor Group have entered into an agreement to trade one of its hotels and two service apartment buildings in Hong Kong for some HK$2 billion (US$260 million), with the proceeds to be used to expand the group’s property development and hospitality operations beyond Macau.
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.