Thursday, December 2, 2021

INTELLIGENCE

Macau’s visitors shopping more than gambling

Macau’s rising visitation is having an impact that is roughly three times larger on retail sales than gross gambling revenue, in part reflecting the changing visitor profile. 

Asia’s frontier markets bouncing back [video]

Asia’s frontier markets have seen mixed fortunes this year from an investment perspective, with Mongolia the best-performing in the world and Vietnam also a stand-out. However, ASEAN countries are lagging.

Macau court ruling to speed the decline of the VIP market

Macau’s highest court has dealt a significant blow to the city’s ailing VIP market in a ruling that is likely to hasten the demise of the sector, says Ben Lee, managing partner of IGamiX Management & Consulting.

Malaysia/Laos eye online gambling legislation as Covid bites

Malaysia and Laos are considering regulating online gambling to raise tax revenue to aid the recovery of their Covid-ravaged economies.

How open are Asia’s tourism borders?

Though the Asian region had initially lagged in vaccinations and tourist border openings, there are quite a few openings already in place and more to come before the end of 2021. In this week’s infographic, we look at how open the borders will be before the end of the year.
Travel,International-Tourism

How has international tourism flowed in 2021?

Whilst global outbound travel has seen a gradual uptick as we reach closer to the end of 2021, travel to destinations within Asia and the Pacific continue to be challenged, according to data from the October update of the UNWTO Tourism Recovery Tracker.
Cashless, confusion

Why you’re getting cashless wrong

If the latest G2E Las Vegas conference is anything to go by, it is that more land-based casino operators have been contemplating the adoption of cashless than ever before. 
JoJi Kokuryo, Japan's three IR candidates not all guaranteed winners

Japan’s three IR candidates not all guaranteed winners

Japan’s three IR license candidates are preparing their plans to submit to the central government for consideration next year, with the coast now looking clear from any potential political hiccups, such as the one that derailed Yokohama’s aspirations in August.
Intelligence

Macau VIP “structurally impaired” – so what happens to the assets?

Melco Resorts CEO Lawrence Ho said he doesn’t believe China’s common prosperity drive will hurt Macau’s mass or premium mass market.
Ladbrokes

Entain says technology presents opportunities for better regulation

As Australia’s gambling authorities ponder how to shake up the country’s regulatory framework, Carly Richardson, general counsel of U.K.-listed Entain, outlines some of the biggest challenges facing companies in meeting their commitments in this area.
Mak Mak, macau

Direct award a better option

Leading lawyer, António Lobo Vilela, who has written a four-volume treatise on Macau gaming law, argues that it may be more in the public interest for the government to award the concessions directly to existing operators than hold a public tender.
Hengqin Island's Financial District

Hengqin buzzing with tourists and building out attractions

It feels like Macau’s Wild West. A stone’s throw away and yet a world apart, Hengqin Island has been buzzing with tourists since May 2020.
Loren Stout, asia gaming brief, face to face

Cambodia casinos poised for growth as borders reopen

Cambodia’s casinos have reopened and are seeing lower headcounts due to travel restrictions, but are being supported by a higher quality of player, says Loren Stout, CEO and co-founder of Dragons Point Live.
Angkor wat Cambodia

Capital rules may lead to Cambodia industry shakeout

Cambodia’s new casino capital requirements are likely to lead to a shake out in the number of casinos, but will lead to a more professional industry in the longer term.
Igaming, 2021

Five igaming lessons learnt in 2021

It’s been an interesting twelve months for the Asian igaming industry. Rising online gaming revenues have brought more competition than ever before.

UPCOMING EVENTS