Commonwealth Casino Commission Chair Edward Deleon Guerrero is skeptical about Imperial Pacific International’s claim that an investor that has put up US$5.59 million as a security deposit on behalf of the firm at a time when the mother company in Hong Kong is unwilling to do likewise.
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.
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.