Professor Wolfgang Artl, CEO and founder of the China Outbound Tourism Research Institute (COTRI), talks to Asia Gaming Brief Managing Editor Sharon Singleton about trends in domestic tourism in China, which all point to continuing demand for travel once the borders reopen. He also touches on the thorny issue of where they might venture, given Beijing’s “blacklist” of countries that target its nationals for gambling.
Resorts World Las Vegas LLC is acquiring a luxury private aircraft from Crystal Luxury Aircraft Holdings, a subsidiary of Genting Hong Kong for a consideration of $4 million.
The Victorian government is being called to put an end to a deal which entitles Crown Resorts up to $200 million in compensation if the government makes changes to how the casino can operate.
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.