Good morning. Genting’s Lim Kok Thay is likely to toast the new year with a half-full glass of champagne as there is as much to cheer about as there were setbacks, Daniel Cheng writes. Also on the upbeat, China health experts expect a return to normalcy by March next year. Meanwhile in the Philippines, the spin-off PAGCOR makes headlines, this time to bankroll Finance Minister Diokno’ Maharlika sovereign wealth fund.
What you need to know
- Genting’s Lim Kok Thay is likely to toast the new year with a half-full glass of champagne, Daniel Cheng writes, as the world’s largest gaming operator stands on cloud nigh.
- Philippines Finance Secretary Benjamin E. Diokno found a solution to bankroll his Maharlika sovereign wealth fund by spinning off PAGCOR assets.
On the radar
- LRWC raises $32m, readies for capital expenditures.
AGB Intelligence
INDUSTRY VOICE
Half-empty Genting run turning half-full into 2023
Genting’s Lim Kok Thay will likely toast the new year with a half-full glass of champagne since there is as much to cheer about as there were setbacks, Daniel Cheng writes, as the world’s largest gaming operator stands on cloud nigh.
Industry Updates
- MGM MACAU named “Responsible Gaming Implementation Model Unit.”
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AGBrief Editorial
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.
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