Good morning. Build it and (hope you can hire enough employees when) they will come. That’s the tightrope Macau operators are facing as labor policies towards non-residents hamper their ability to ramp-up, say experts. And in Manila, the ASEAN Gaming Summit begins to toast guests, as the Welcome Reception kicks off today, setting the stage for the three-day event which gathers top industry experts in the event’s largest edition yet.
What you need to know
- Macau is going to increasingly need more non-resident labor to drive its ramp-up, as labor policies and worker willingness stall progress, say experts.
- The ASEAN Gaming Summit will see its first guests today as the Welcome Reception kicks off in Manila, paving the way for the three-day expo and conference.
On the radar
- Macau visitor arrivals reach almost 1.6 million in February.
- Australian police set up new anti money-laundering taskforce.
- LET Group sees revenue rise from Tigre de Cristal, offsetting FY22 loss.
- International flight tickets sales up 20% weekly says Air Macau.
AGB Intelligence
MACAU
Labor constraints hinder Macau’s ramp-up: experts
The stringent labor policies for non-resident workers are delaying Macau’s ability to meet customer needs and ramp-up to the SAR’s full potential, limiting room supply and venue offerings. Experts point out that non-resident hirings are likely to only begin in April, with worries that current government policies will continue to constrain the industry from growing to its full potential.
Corporate Spotlight
Continent 8 Technologies: The industry’s trusted infrastructure partner celebrates 25 years of reliable innovation at ASEAN 2023
Continent 8 Technologies is an award-winning, multi-jurisdictional, global network solutions provider that connects, manages, and secures a company’s most valuable information. This year the company celebrates 25 years of reliable innovation, supporting customers’ operations and global growth since 1998 through cutting-edge technology.
Find us at the ASEAN Gaming Summit 2023.
Industry Updates
- Display of Zitro machines at Andorra’s first-ever casino: UNNIC.
- Videoslots announces sponsorship deal with Neptunes WPSC.
Meet at ASEAN 2023
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