Your Daily Asia Gaming eBrief: Singapore not keen on online gaming

Tuesday 13th of September 2022

Good Morning. Government research has found that Singapore rates among the most opposed jurisdictions to online gaming. Star Sydney halts trading on license probe. Bernstein names LVS, SCL “best idea” for 3Q22. There is a lot of news to catch up on from the long Mid-Autumn weekend!

What you need to know

Star Entertainment halted trading on reports that regulator Independent Liquor and Gaming Authority found the Group unfit to operate Sydney.
Bernstein named LVS and Sands China stocks as the “Best Idea” for 3Q22 on Singapore’s recovery and the risk-reward attractive for Macau.

On the radar

Macau gaming workforce headcount drops by 2,176 for 2Q22.
Industry leaders to present keynotes at G2E Las Vegas.
Michael Lee becomes Hong Kong Jockey Club’s 26th chair

AGB Intelligence

REPORT

Singapore among most opposed jurisdictions to online gaming

Almost six in ten Singapore adults think online gambling should not be allowed, the fourth highest globally, YouGov’s latest whitepaper research on the often-overlooked perspective of the consumer in the debate finds. YouGov’s report reveals that almost six in ten people in Singapore (56%) think online gambling should not be allowed, above the global average of two in five (46%). This makes Merlion City the fourth most opposed to online gambling globally, with only people in Spain (57%), India (57%), and China (56%) expressing greater resistance.