Good morning. The sun is shining on the Philippines, with Newport World Resorts expecting 2023 to be a “bumper year”, as new offerings come online and both mass and international VIP expand. Macau’s March GGR came in at the highest since January 2020, but a scholar warns that visitor confidence is still lacking and non-gaming ROI is difficult to judge. Meanwhile, Moody’s estimates Macau’s GGR will reach 45 percent of 2019 levels, with US-linked operators having much to gain.

Your Daily Asia Gaming eBrief: Newport World Resorts: 2023 to be a "bumper year"

What you need to know

  • Dennis Hudson, Sr. Director of Table Games at Newport World Resorts, says that the Philippines is back with a smile and can only grow further.
  • Macau’s March GGR in at $1.57 billion, 50% of 2019 levels, but a scholar warns that visitors confidence is still lacking.
  • Moody’s estimates Macau GGR will reach 45% of 2019 levels, with US-linked companies standing to benefit most.

On the radar

AGB Intelligence


Dennis Hudson, Newport World Resorts

Newport World Resorts’ Dennis Hudson: PH back with a smile

Newport World Resorts, and the Philippines overall, is back with a smile says Dennis Hudson, Senior Director of Table Games Operations at Newport World Resorts. A series of new investments, including new VIP facilities and luxury shopping are set to come online, with an expectation for a return to 2019 levels in the third quarter and a continual rise from there, even though less Chinese players are on the scene.

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