Good Morning. There’s been a lot of talk about the move to cashless gaming in land-based casinos, but in reality the implementation is still not widespread. In this week’s Face-to-Face interview, Transact Technologies’ Senior Vice President Tracey Chernay talks to us about some of the roadblocks to wider spread adoption. She also tells us about the strong recovery across nearly all gaming markets, with Asia also joining in the growth. Meanwhile Macau is under lockdown as Covid cases continue to rise, although casinos have been exempted from the city-wide closures of all other leisure facilities.

ASEAN Gaming Summit 2022

What you need to know

  • Macau’s casinos will remain open, but nearly all other recreational facilities have been put into lockdown as the city battles its worst outbreak of Covid.
  • The Macau government extended the concessions of each of the operators for six months, for a payment of about $6m and bank guarantees to cover employee costs.
  • Macau operators said to be “truly grateful” for the extension of the contracts as they reiterate readiness to participate in the tender process.

On the radar

AGB Intelligence


Tracey Chernay talks about cashless gaming, Asia gaming ebrief

Is cashless more hype than reality for casinos?

The pandemic has accelerated a move to cashless in just about every sphere, although casinos are still lagging behind the curve. There’s certainly a lot of talk about the subject, but Tracey Chernay, senior vice president of Transact Technologies, tells us in this week’s Face-to-Face that she’s not convinced about the level of player demand. Chernay, who will be discussing the merits of cashless gaming and new technologies at the ASEAN Gaming Summit in July, also says she’s seeing a strong recovery from Covid in all major markets, with Asia bouncing back.

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ASEAN Gaming Summit 2022 - Program