Daily Asia Gaming eBrief: Gaming operators to invest $6.65B in transformative Singapore attractions

Good Morning. Just wait for it. Multi-billion dollar investment commitments by gaming operators Las Vegas Sands and Genting Singapore are expected to bring new and unique attractions to Singapore, according to industry expert Christopher Khoo, managing director at MasterConsult Services. The investments are anticipated to further strengthen the positions of Marina Bay Sands and Resorts World Sentosa in the gaming and tourism industries. Meanwhile, Macau's Judiciary Police seized 1,924 money changers between January and May 2023, many of whom have been banned from entering local casinos.

What you need to know

• LVS and Genting's multi-billion investments could bring “sufficiently different and outstanding” attractions to Singapore: expert.
• China cracks down on illicit money exchanges, seizing 1,924 in Macau, part of nationwide enforcement with Guangdong and Zhuhai actions.

On the radar

• Kambi Group withdraws 2027 financial targets.
• Thai minister applauds Philippines’ economic prowess.
• Macau hotels are expected to reach 90% occupancy this summer.
• Cambodia grapples with illegal online gambling boom.
• Philippines Department of Justice vows fair in illegal POGO cases.

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