CTR vice president of sales Michael Keen speaks with Asia Gaming Brief managing editor Sharon Singleton about the glitches in the global supply chains following Covid and the latest buying trends from operators and suppliers. He also talks about the impact of U.S./China trade tensions.
The Hong Kong Jockey Club has unveiled a HK$4 billion investment strategy to develop horse racing in China after signing an agreement with the Guangzhou Municipal Government to expand its Conghua facility.
Genting Berhad’s Resorts World Las Vegas could offer long-term growth prospects for the company, but will incur losses in the first two years before turning a modest profit in its third year, according to analysts from UOB Kay Hian Research.
For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
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.