The fallout from the inquiry into Crown Resorts’ suitability to hold a license in Sydney may have ramifications for the entire industry in Australia, including tighter regulation, Fitch Ratings said in its 2021 outlook.
The focus for regulators is likely to be on the international and VIP segment, it said. However, Australian operators get about 80 percent of their business from the domestic market, which will limit the impact of any changes on casino credit profiles.
Written by
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.
More from AGBrief Editorial →
