Asia Gaming Briefings – Nov 2020 Edition


IN FOCUS: MACAU – A place in the Bay


Macau, tourism, stimulus package

Be what you want to be – Macau 2021 and beyond

Before delving into the much-discussed path of Macau’s diversification efforts and challenges in the past 20 years, and future outlook, let me take a step back. During Covid-19 there are 3 lines of concurrent thought for a ‘strategic’ tourism recovery, that is, one that better positions the city for greater sustainable development in the medium to longer term – one aim being a diversified tourism portfolio. 
greater bay area

Greater Bay Area project to benefit, but not necessarily diversify Macau

China’s enormous Greater Bay Area (GBA) initiative sets out an ambitious role for Macau, though views are mixed on exactly how much...
Macau - Focusing on diversification

Focusing on diversification

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.
Re-imagining Macau for a diversified future

Re-imagining Macau for a diversified future

This pandemic has changed the lives of many Macanese and millions of others globally. In this part of the world, we have moved from controlling its proliferation to managing a potential deep economic fallout as a result of it. 

JURISDICTIONS UPDATES


Cautious optimism October marked a turning point for Macau casino operators

Cautious optimism October marked a turning point for Macau casino operators

Macau’s gaming operators continued to chalk up heavy headline losses in Q3 as visitation to the territory remains low, but executives say they are hitting the breakeven point in October.
POGO shrinkage accelerates

POGO shrinkage accelerates

While government officials have complained about the use of the word “exodus” by local media to describe departing Philippine Offshore Gaming Operators (POGOs), it’s clear that the sector has shrunk significantly and is still shrinking.
Singapore beats the odds

Singapore beats the odds

Singapore provided a bright note in Las Vegas Sands’ latest earnings report, with Marina Bay Sands beating expectations and turning in a profit.
Tigre de Cristal

Summit Ascent looks to next phase of development

Summit Ascent Holdings has reiterated that it is preparing at least US$200 million in investment funds for the Tigre de Cristal second phase development.
Online operators find new home in Myanmar

Online operators find new home in Myanmar

It’s been billed as a $15 billion smart city, powered by the latest in blockchain technology, but in reality it has emerged as a major online gambling hub and the new home to many of the operations that fled Cambodia after a ban on the practice last year.
Sihanoukville, gets a face lift

Sihanoukville gets a face lift

While it’s too early to say Cambodia’s coastal gambling hub has risen phoenix-like from the ashes, there are encouraging signs that Sihanoukville is serious about transforming into a mass market tourism destination, with a significant improvement in urban infrastructure.
Crown logo

The Crown has slipped, but will it fall?

There has rarely been a less edifying spectacle in 21st century corporate Australian history than the serial evisceration of the directors of Crown Resorts before the Bergin Inquiry into, among other things, the suitability of its subsidiary licensee of the Barangaroo casino.

LAST WORD


infographics,gaming industry, Staffing in a crisis

Staffing in a crisis

2020 has been an unprecedented year in the global gambling industry, not least because of the staffing challenges that have been created by the pandemic.

SUPPLIER SPECIAL REPORT


Long-established testing

Long-established testing

Winning with casino systems

Winning with casino systems


UPCOMING EVENTS

AGE at ICC Sydney, 2021

Australasian Gaming Expo (AGE) 2021

The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....

TRENDING ARTICLES

Chinese luxury sales

What’s happening to Chinese luxury sales? [Infographic]

Whilst global luxury sales fell as much as 20 percent in 2020, China's luxury market bucked the trend, growing a whopping 50 percent in the same year to around CNY356 billion (US$55.2 billion), according to reports. 
AGE at ICC Sydney, 2021

Australasian Gaming Expo (AGE) 2021

The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
AGBriefings, June, 2021, Resorts World Las Vegas

Asia Gaming Briefings – June 2021 Edition

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.
Asia Gaming Briefings, april 2021

Asia Gaming Briefings – April 2021 Edition

In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Agbriefings February 21

Asia Gaming Briefings – Feb 2021 Edition

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.