Virus exposes China risks

The Covid-19 outbreak has highlighted once again how one of the biggest draws for casino investors in Asia can become the largest liability. Operators and tourism authorities across the region have become increasingly reliant on the big spending Chinese outbound traveller. Some 170 million people travelled outside the country last year, swelling the coffers of IRs across Asia. Therefore, the impact of the lockdown of several Chinese provinces and the travel bans imposed by authorities around the globe is not going to make for pretty reading once operators begin releasing their financial reports. We already know that Macau, which . . . This content is restricted to subscribers

Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.