Good Morning. It is imperative to have a clear taxation regime, write Aahna Mehrotra and Rashi Tater for the Asia Racing Federation Quarterly Bulletin, to have a gaming industry that is constantly innovating and truly competitive and allows stakeholders to thrive. The needle isn’t moving much in Macau. MGM reiterates Pansy’s leading role at the concessionaire.
What you need to know
- Sands China doubled its loss for 1H22 form, but remains financially solid, vows to continue to invest in local projects on verge of completion.
- Macau GGR registered a marginal weekly GGR of 9 percent on weekly basis, largely attributed to the re-opening of the borders, adjoining China.
On the radar
- Pansy Ho strengthens leadership at local concessionaire MGM.
It is imperative, to have an industry that is constantly innovating and truly competitive, to have a clear taxation framework that allows stakeholders to thrive, write Aahna Mehrotra and Rashi Tater, for the Asia Racing Federation Quarterly Bulletin, analyzing the Impact of Applicability of Higher Indirect Taxes on Games of Skill in India.
This is an abridged version of the contribution published in the Asia Racing Federation Quarterly Bulletin. For the full version and other content please visit asianracing.org/aib/bulletins.
- Evoplay and Soft2Bet boost presence in MGA-licensed markets.