Matt Bekier, chief executive of Star Entertainment Group said his firm would try to boost its appeal to international tourists, once the borders were open again, to develop a new market by stepping up its pitches to VIP gamblers in Asia through its offices in Singapore and Hong Kong.
FBM has been developing its slots offer over the last three years, with operations established in Europe and North America. The company is now accelerating its slots expansion campaign in Asia
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.
The Philippines’ House of Representatives has passed a new bill imposing taxes on Philippine Offshore Gaming Operations (POGOs), but it will still need to be reconciled with upper house legislation before it can become law.
DFS Group will anchor the retail offering at Star Entertainment's under construction Queen's Wharf project in Brisbane, with a three-level T Galleria hosting some 100 brands.
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.
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.
