Good morning. Macau and Mainland China remain the only regions in Asia-Pacific sticking to their Zero-Covid policy. However, unlike China, Macau is almost completely dependent on foreign visitors, argues Alidad Tash of 2NT8. Our Face-to-Face interview reviews Macau’s Covid-19 policy to date discusses the policy changes needed to kick start Macau’s recovery.
What you need to know
- Macau’s health authorities have confirmed they will maintain a “zero covid” policy until vaccination rates in the city reach 80 to 90 percent.
- MGM Resorts CEO Bill Hornbuckle said he wants to gain full control of the company’s BetMGM joint venture with Entain.
- PCSO said it missed its 2Q21 revenue target, generating only P8.3 billion from April to May instead of the P11.6 billion budgeted.
On the radar
- Asiabet33 becomes the official Asia partner for Fulham FC.
- Vietnam considers wider border opening to vaccinated travelers from Dec.
- Number of conventions & exhibitions in Macau fell more than 70% in 2020.
- DICJ intensifies inspections of casinos to ensure epidemic prevention compliance.
What the papers say
- Nazara CEO expects more clarity in India’s online gaming industry in coming quarters
AGB Intelligence
DEEP DIVE
Macau needs to shift from its zero-covid policy: Tash
Whilst Macau’s government has shown incredible foresight in its handling of the Covid-19 pandemic to date, Alidad Tash, Managing Director of 2NT8 Limited believes the time is now ripe for policy changes, particularly when it comes to the administration of vaccines and Macau’s Zero-Covid policy. “I still argue that Macau is the safest place in the world when it comes to handling Covid-19 medically,” said Tash. However, where Macau’s population has benefitted – health and safety, its economy has suffered in turn.
INDUSTRY UPDATES
- COD Macau to take back control of its nightclub, formerly Club Cubic
- SJM offers support for Macau’s third mass NAT
- Registration opens for ICE London 2022
SUPPLIER SPECIAL REPORT
Play’n GO: Tis the season to be thrilled
Love it or hate it, Halloween has arguably become one of the most enjoyable holidays of the year. Why? It’s the one day where you can dress up as your favourite character, and you won’t hear boo (well, you might). A time for reruns of classic ’80s slashers and fireside ghost stories; and an awesome theme for iGaming too.
IGT: It’s Game Time!”
International Game Technology will be appearing in Las Vegas with the theme, “it’s Game Time.”It will feature performance-tested solutions that are attuned to player preferences of today and market opportunities of the future. The company will also leverage the three-day event to unveil two new form factors, the DiamondRS cabinet and the Peak65 cabinet.
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