Your Daily Asia Gaming eBrief: It's show time - Or is it?

Thursday 2nd of September 2021

Good morning. It’s show time - Or is it? As in-person events begin to ramp up again, suppliers are making some difficult choices about whether or not to attend and who to send. Nearly all of the manufacturers and suppliers polled by Asia Gaming Brief for the upcoming September Print Magazine expressed a strong desire to attend events in person. Most are suffering from Zoom fatigue and after 18 months of teleconferencing have realized that digital formats don’t make up for social interaction. Events provide an invaluable opportunity to meet with friends and colleagues and expand business networks. However, in the post-pandemic world it’s not so easy. There's cost, travel arrangements, but mostly it's safety concerns. Announcements such as G2E Vegas mandatory vaccination go a long way.

What you need to know

Macau gross gambling revenue fell 47 percent from the prior month, with the figure better than analysts had been expecting, according to Bernstein Research.
Leisure and Resorts World Corp. has confirmed that it plans to revive talks with Macau's Galaxy Entertainment on a $500 million casino on Boracay in the Philippines.
RGB International swung to a profit in 2Q21 and said it sees some signs of recovery in gaming markets, which will lead to a better performance for the year.
The Hong Kong Jockey Club (HKJC) posted record turnover of HK$279.7 billion for 2020/21 and said it plans to expand its successful commingling program.

On the radar

PAGCOR collects PHP1b from eSabong in the first four months of operation.
Aquis swings to 1H profit on “strong” revenue from Casino Canberra.

What the papers say

Macau Office outlines most common reasons for AML reports.

AGB Intelligence

DEEP DIVE

It's show time - Or is it? Suppliers have to decide

As in-person events begin to ramp up again, at least in Europe and the U.S., suppliers make some difficult choices about whether or not to attend and who to send. Nearly all of the manufacturers and suppliers polled by Asia Gaming Brief for the upcoming September Print Magazine have expressed a strong desire to attend events in person. Most are suffering from Zoom fatigue and after 18 months of teleconferencing have realized that digital formats don’t make up for social interaction.