Friday, June 21, 2024
HomeNewsDaily Asia Gaming eBrief: Macau poised for opportunity post-junkets: Niall Murray

Daily Asia Gaming eBrief: Macau poised for opportunity post-junkets: Niall Murray

Good Morning. The post-junket scenario means China could liberalize its visa policy and turn on the tap for visitation to Macau to again reach the 40-million mark. Both gaming and non-gaming stand to benefit, with MICE in particular focus. Expert Niall Murray breaks down Macau’s changing scenario, from the cancellation of horse racing to VIP play, and the need for more hotel rooms. Meanwhile, analysts at Morgan Stanley are bullish on 2024, with Macau’s mass expected to rise by 20 percent compared to 2019.

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FACE TO FACE

Niall Murray, Macau move beyond junkets, horse racing

Niall Murray: China backs Macau 100% after junkets eliminated

Gaming consultant Niall Murray breaks down Macau’s ongoing shifts – from the cancellation of the Macau Jockey Club concession to the 4Q23 uptick in VIP. The veteran highlights Macau’s MICE aspirations, precedented by Sheldon Adelson’s vision, its need for more hotel rooms, potential for Hengqin interconnectivity and the possibility of more liberalized visa policies for Chinese punters – now that junkets are out of the scenario.


Corporate Spotlight

1xBet sums up 2023: Innovations, awards, partners and winnings

1xBet, 2023, innovation, awards, partnerships

1xBet is writing a success story with you and is happy to share its achievements in 2023. During 2023, 1xBet extended sponsorship agreements with world-famous sports clubs, cooperated with new partners and ambassadors, collected awards, and paid millions of dollars in winnings!


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AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
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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