Good Morning. There will only ever be one Macau. And experts concur that it will retain its throne for at least 10 years. That being said, emerging markets are vying for the spots below it, dividing expert opinions on where markets like Japan and Thailand will sit in relation to veterans like Singapore. Meanwhile, Asian IRs are struggling to figure out how to make happy customers return, turning their eyes to tech. And in the Philippines, GGR hit $1.88 billion in the first quarter, with E-gaming taking a front seat, proving demand and potential.
What you need to know
- Macau will retain its gaming crown, but the following spots in the Asian ranking could see significant shifts as new contenders ramp up, say experts.
- Despite great stays, 63% of guests don’t return to Asia’s IRs; industry eyes tech and emotional connection to close the gap.
- E-gaming takes the lead as the Philippines’ gross gaming revenue hits $1.88 billion in the first quarter of the year.
On the radar
- Light & Wonder marks 16th consecutive quarterly rise in revenue.
- Macau Golden Week beats expectations: Seaport’s Vitaly Umansky.
- Galaxy CEO: Macau is facing many headwinds, in particular room supply.
- Macau appoints new head of its gaming regulator.
- SJM Resorts Chief Operating Officer Ben Toh steps down.
AGB Intelligence
MACAU
Regional reshuffle but Macau to retain its crown
There are new contenders, but Macau is going to retain its crown as the top gaming jurisdiction in Asia (and the world) for the distant future. A top group of experts noted that new markets are presenting exciting opportunities, despite throwing some cold water on Thailand’s potential for legalized casinos. But Macau will still need to deal with its restructuring growing pains, as it flails to attract a diversified consumer base.
Industry Updates
- Cash Express Legend by Aristocrat Gaming debuts at Cache Creek Casino.
- PAGCOR backs groundbreaking for Bulacan State University’s new facilities.
- Blask extends Market Overview dashboard coverage to 10 new countries.
Written by
AGBrief Editorial
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.
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