Good Morning. Lonely, I’m so lonely. That’s Macau’s outlook for foreign visitors, as it pulls out all the stops to try and bring in more tourists from any place but China. But not all plans are being praised, as a new subsidy scheme for flight tickets is seeing backlash from the industry, with infrastructure and transport questions still on the table. Meanwhile, a particular integrated resort in Malaysia is facing heat from the anti-corruption body over its land transfer, with executives in hot water.
What you need to know
- Macau’s $12.4 million air ticket subsidy for attracting 3 million international visitors this year met with mixed industry responses.
- Malaysian resort executives detained by anti-corruption body over land transfer deal, with allegations of bribes.
On the radar
- Delta Corp reports a weak 3Q performance with 60 percent profit drop.
- Genting Malaysia injecting $100 million in Empire Resorts in NY license bid.
- World Poker Tour returning to Cambodia, upped to Main Tour stop.
- 75% of game developers see rising demand for crash games: Slotegrator.
- Timor-Leste stops youths from going to Cambodia over trafficking fears.
- Air Macau: new service to Kuala Lumpur to bring in Malaysia visitors.
AGB Intelligence
MACAU
Foreign tourist attraction methods in question
Macau’s methods for attracting foreign punters are being met with some skepticism from industry professionals, as the SAR announced its intention to invest $12 million to subsidize some 100,000 international air tickets. The government is working with the six local concessionaires in bringing in more foreign punters, as the second year of gaming operators’ licenses rolls out. The hope is to prolong stay in the SAR, and up spending on non-gaming activities.
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