Good Morning. Every jurisdiction is unique, and its regulations have to be tailor-made to best fit both the public and private interests in order for it to have longevity. Macau and Singapore are already mature but, even so, continue to make alterations to their gaming frameworks, while Japan has been able to benefit from watching both evolve, and cherry-picking the best bits. Meanwhile, in Macau, the closure of the city’s remaining satellite casinos understandably weighs more on SJM, which is likely to see costs increase as it absorbs the labor force, even while benefiting from better table and EGM distribution at its IRs.
What you need to know
- Macau and Singapore have grown into gaming leaders, while Japan is just on the horizon, but none are without faults, or challenges.
- Macau’s satellite casino closures to have a disproportionate impact on SJM, with costs expected to increase, say brokerages.
On the radar
- Scientific Games makes two new appointments in digital business management.
- Macau surges in global MICE rankings with record-breaking growth in 2024.
- Corruption: Macau operators filed complaints against employees in 2024.
AGB Intelligence
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