Slot operators more optimistic as revenue improves
Operators of Australia’s slot parlours are more optimistic about recovery now than in July, as revenues have improved, according to J.P. Morgan’s 11th annual slot survey.
The firm polled operators in July and again in October. In July they were generating 48 percent of 2019 revenue, while that increased to 72 percent in October. In July, 48 percent of operators expected revenues to take 12 to 24 months to recover, while now only 21 percent believe it will take that long. Forty two percent expect normal revenues in less than six months.
Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.