Your Daily Asia Gaming eBrief: What will Macau do with all that VIP space?

Good Morning. During last night's AGB Webinar, we heard a panel of experts discussing the future of VIP and junket play in Macau. The prognosis is not great.
Earlier this month, before all of the Suncity/ Alvin Chau news broke, we spoke with Lee Montaina of Westar Architects about what he expects will happen to the VIP gaming space that will be left abandoned in the wake of dwindling VIP gaming revenue. We expect the trends discussed by Montaina to be even further accelerated. 

What you need to know

• Wakayama group garners 20k signatures in bid to force IR referendum
• MGTO’s Macau Week China roadshows attract 1.9m visitors in 2021
• China esports industry tipped to grow by 131 percent in 2021
• Bookings generated by Livestreaming on the rise: Trip .com Summit

On the radar

• Vietnam transport ministry proposes intl flight resumption on Dec 15 
• Loss of Macau VIP business a bigger blow to government coffers than operators: MS
• Wynn Resorts appoints Aristocrat’s Julie Cameron-Doe as CFO
• Aristocrat says JKO Play has until Jan. 5th to make a firm bid for Playtech or walk away

What the papers say

• Arrested gang leader accused of human trafficking for Cambodia casinos
• Macau needs non-gaming to attract wealthy young travellers: Trip .com

AGB Intelligence

FACE-TO-FACE

What will Macau do with all that VIP space? [Video]

Industry Updates

• SJM Resorts invites China tennis stars to motivate local students, holds Special Olympics clinic

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