Daily Asia Gaming eBrief: Thailand's billionaires line up for IR bonanza

Tuesday 3rd of September 2024

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Good morning. Thailand is again front and center, with recent political shifts highlighting the importance of the possible upcoming gaming industry on a global scale. And local billionaires are not wanting to miss out, with a host preparing projects from Bangkok to Phuket. Meanwhile, the world's top gaming industry, Macau, continues to shine, with analysts at Seaport indicating that August saw its best performance since the city's reopening.

What you need to know

Thailand's nascent gaming industry has been embroiled in political turmoil, but billionaires are emerging to ensure its success.
Macau's August GGR hits 81% of 2019 levels, marking the best performance since its reopening, according to Seaport.

On the radar

Star Entertainment shares suspended for missing financial results deadline.
Macau received 6.7M visitors during the summer, 93.4% of 2019 levels.
Hann Resorts postpones its IPO plan to mid-2025: report.
Paradise Co reports strong casino revenue growth in August.
Grand Korea Leisure casino revenues up significantly in August.

AGB Intelligence

THAILAND

Thailand billionaires align for casino opportunity

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