Your Daily Asia Gaming eBrief: INSPIRE Entertainment Resort facing a tough road ahead

Good Morning. Seek to INSPIRE. That's what Mohegan is attempting to do with its new multi-billion-dollar project in Incheon. But expert Ben Lee points out that the road might be a bit more rocky than expected, with a drop off in Chinese VIP play and a remote location placing the operator at a disadvantage, coupled with its need to adapt its Western mentality to the region. And in Macau, September was a 'month to forget' say analysts at JP Morgan, as weather and slow visitation saw minimal play.

What you need to know

• Mohegan's South Korean debut INSPIRE is facing headwinds, as Chinese play is unlikely to revamp, forcing the company to adapt: Ben Lee.
• September will be a ‘month to forget’ for Macau GGR due to the extreme weather events in the region: JP Morgan.

On the radar

• Hong Kong sales manager confesses handing out bribes to Wynn's director.
• Newport World appoints former LVS executive as Chief Casino Officer.
• MGM to revamp Macau's old port zone but doesn’t yet have a fixed budget.
• PAGCOR warns against the fake use of its logo to legitimize illegal offshore operations.
• Slot machines stopped working at MGM Resorts due to cyberattack.

AGB Intelligence

SOUTH KOREA

Under the Scope: INSPIRE facing a tough road ahead

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