Good Morning. Many of Asia’s integrated resorts also boast a stable of luxury hotel brands. It helps the IRs cater to a wider variety of budgets and tastes and gives the hotels almost guaranteed access to high-end clientele. But are they really a necessary part of the IR make up and who gets the most benefit? Ben Lee, managing partner of IGamiX Management & Consulting, argues the scales are marginally tipped in the hotel groups’ favor.

ASEAN Gaming Summit 2022

What you need to know

  • 26 Capital Acquisition Corp appears to be pushing on with its planned merger with Okada Manila despite the recent boardroom takeover by Japanese pachinko billionaire, Kazuo Okada.
  • Japan’s government has denied reports that it is studying a draft law to expand legal sports betting.

On the radar

  • Macau government curbs gaming revenue expectations.
  • APE announces Konami installations at COD Macau, Mocha Clubs.
  • Oaktree Capital buys Interblock, says will help fuel growth.
  • More than 90% of Wynn Macau management opted to accept stock for pay.

AGB Intelligence


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Brand-name hotel portfolio not always in casino IR’s favor

Many of Asia’s integrated resorts boast a wide range of hotel options, but does having the big name global brands bring an operator an advantage? Not necessarily so, argues Ben Lee, managing partner of IGamiX Management & Consulting.The relationship between the name recognition that luxury hotels confer and the downside of high internal transfer costs is a delicate one and it’s a business model that some are now eschewing.

Industry Updates

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ASEAN Gaming Summit 2022 - Program