Melco Resorts has been given an extension on its deadline to complete its phase 2 expansion of Studio City in Macau.
Last year, the Macau government granted further extensions on the development deadline in light of the disruptions caused by the coronavirus pandemic. The government at the time set a deadline of May 31, 2022, however, Melco Resorts said there was “no guarantee” that it could complete the project by the deadline and that it would be applying for another extension should it look like it could not complete it in time.
The latest extension takes the deadline to December 27, 2022, around 7 months of extra time.
Associate Professor Sally Gainsbury, Director of the Gambling Treatment and Research Clinic in the School of Psychology at the University of Sydney speaks to Asia Gaming Brief Asia Editor Felix Ng about two of her latest research projects into how behavioral science can be used to steer punters away from illegal online gambling sites.
The use of blockchain technology in online gambling has the potential to help operators comply with regulatory requirements at a time when national regulators are stepping up their monitoring of the industry, igaming professional Nick Hill says.
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.