It’s just a few days now until the ASEAN Gaming Summit 2022 returns to the Philippines. This July edition of AGBriefings is dedicated to the jurisdiction, expected to be one of Asia’s top performing markets with forecast gross gambling revenue of PHP65 billion ($1.15 billion).
Asia’s key gaming jurisdictions, namely Singapore and Macau, are undergoing a major regulatory overhaul. In the April 2022 edition of AGBriefings Jurisdiction Updates, the magazine’s focus is on the key changes, and what they will mean for the industry.
The Macau gaming industry has been on a rollercoaster ride that doesn’t seem to end. So much so that after the announcement of the new gaming law draft earlier this month the industry took a collective sigh of relief. It was short lived.
In what has now become an Asia Gaming Brief tradition, the Focus Section of our December magazine takes a look at the year in review and asks for forecasts on how the year ahead may evolve. In the following articles, you will find those predictions from a selection of leading figures in Asia’s gaming industry.
Lack of detail in the proposed amendments to Macau’s gaming legislation left the market to speculate on the government’s intentions, with disastrous effects. The subsequent round of public consultation came and went leaving the industry with even more questions and few answers.
The focus of this August edition of the AGBriefings magazine is Australia, where there is certainly a lot to talk about. The country has shown strong resilience in the past few months. It has a strong local market that has been stimulated by government support, resulting in solid numbers, even up until the most recent state lockdowns.
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.