Daily Asia Gaming eBrief: Philippines largest growth market in 2024: Joe Pisano

Good Morning. It's more fun in the Philippines. The saying continues to be true, points out expert Joe Pisano, noting that the country is expected to be the largest growth market in 2024. Land-based and online convergence, coupled with an innovative approach by government to allow new product mixtures gives operators freedom to diversify and expand, both in-country and abroad. Meanwhile, Sands China's 4Q23 results continue to excite analysts, despite China's economic slowdown.

What you need to know

• The Philippines is bridging the gap between land-based and online gaming, with flexibility to innovate and dominate, says Joe Pisano.
• Deutsche Bank and Jefferies reaffirm Sands China's solid results in 2023 despite prevailing negative sentiment on China's economy.
• Registration open for the ASEAN Gaming Summit 2024, the Next-Gen of gaming, from March 19th to 21st, in Manila.

On the radar

• China’s international travel only at 39% of 2019 levels: Fitch.
• Star Entertainment appoints Janelle Campbell as new Star Sydney CEO.
• Singapore and China to implement mutual visa-free policy.
• Oddschecker Global Media rebrands to FairPlay Sports Media.
• Approval granted for amendment to Goa GST Act.

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