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.