Good Morning. Technology and privacy. The trade-off between the two has been highly debated as tech has become intrinsic in our lives. And the implementation of RFID tables at casinos, particularly in Macau, is causing some analysts concern over how much the efficiency gains will be offset by player reticence to lose their anonymity. Meanwhile, in South Korea, Shin Hwa World has reported a strong decline in revenue in FY23, while also posting higher losses, hoping for improvements this year.
What you need to know
- While RFID tables offer benefits, such as improved security and efficiency, concerns over privacy could offset these advantages: gaming expert.
- Shin Hwa World reports a significant revenue decline in 2023 and increased losses, aiming for better real estate income this year.
On the radar
- Thailand steps closer to casino legalization.
- Ponte 16 investor reports 35 percent growth in gross profits for 2023.
- 230-room Artyzen Habitat opens in Hengqin.
- WPT Korea 2024 attracts a record number of entries.
- Macau March GGR hits new post-COVID record: $2.42 billion.
AGB Intelligence
TECHNOLOGY
Punters could shy away from RFID tables due to privacy
The implementation of RFID tables could cause certain punters to shy away from the high-tech gaming tables, over concerns of losing their anonymity. Gaming expert Ben Lee says those concerns could offset the potential gains in efficiency, making it difficult to judge the impact on gaming revenue. Analysts at Morningstar also voiced their concerns over more clients being tracked using the new technology.
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