Your Daily Asia Gaming eBrief: S. Korea outbound tourism demand explained

Good Morning. South Korea outbound tourists will likely become the most sought after market for Asia’s integrated resort operators this year, given China’s continued zero-covid stance, and Japan’s slow restart of international travel. In today’s AGB Podcast, we speak to Dr. Jaeyeon Choe, a South Korea tourist expert about the expected surge of South Korean tourists and her top tips to attract them to your resort.

What you need to know

• SJM Holdings’ debt rating has been cut by Moody’s due to concern about its weak cash flow and delays in refinancing its debt.
• Some frequent gamblers to Macau are having their visas turned down by Chinese authorities, further holding back GGR growth: Bernstein.
• Macau’s Court of Final Appeal has ruled that operators and junkets are jointly liable for client deposits in all nine cases presented before the court.

On the radar

• MGM China board agrees to grant 480,000 share options.
• Sega Sammy profit surges on pachinko / pachislot sales.

AGB Intelligence

PODCASTS

South Koreans seek luxury, wellness and cultural experiences

Industry Updates

• 1XBet signs sponsorship agreement with esports leader OG.

MEMBERSHIP | MAGAZINE | ASEAN | CAREERS