Good Morning. Non-gaming is the name of the game, with Macau in particular aiming to refocus itself to concentrate on a younger demographic less keen on the tables. Experts note, however, that GGR is still a major driver for the necessary investment involved in non-casino experiences. Meanwhile, Singapore moves to further limit access to casinos, imposing a ban on those receiving criminal legal aid. And back to Macau, GGR for FY24 is expected to rise by a third compared to last year, according to analysts.
What you need to know
- Non-gaming investment requirements for Macau gaming concessionaires already altering the landscape of the SAR, say gaming experts.
- Singapore bars individuals receiving criminal legal aid from entering casinos, jackpot rooms, or accessing betting accounts
- Macau’s 2024 GGR is projected to increase by 34 percent from 2023, reaching $30.3 billion: CLSA.
On the radar
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- Melco Resorts’ executives, CEO, included in $9M restricted share grant.
- VGCCC implements new standards to better inform wagering account holders.
- Genting promises $1 billion in taxes if granted NYC casino license.
AGB Intelligence
MACAU
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