Hong Kong and Singapore will be the first two countries in Asia to achieve widespread vaccination coverage (60-70 percent of population) by the end of
Pacific Asia Travel Association (PATA) CEO Dr. Mario Hardy sees a slow recovery for Asia’s tourism markets, though remains optimistic about the future of travel.
Covid-19, trade tensions and China’s battle against capital outflows have all had an impact on Asia’s gambling jurisdictions in one way or another, with some significantly losing their appeal and others showing surprising resilience.
All but one of Macau’s six concessionaires posted a return to positive EBITDA in Q4 and are seeing more meaningful signs of market recovery.
A recent trip by Bernstein analysts into Macau has revealed that while shopping areas within casinos were quiet overall, luxury stores were the busiest, with customers seen lining outside of stores.
Landing International Development has turned optimistic on its prospects for recovering most of the cash that it lost in the bold robbery carried out in Jeju over the New Year holiday period.
The Cambodian government is seeking to establish a travel bubble with China, Japan and South Korea, which would boost international tourism and further aid NagaCorp’s recovery, Union Gaming says.
Bloomberry Resorts said its recovery is “well underway” after posting positive EBITDA for Q4 due to strength in the local mass market.
Jennifer Song, equity analyst with Morningstar, speaks with Asia Gaming Brief managing editor Sharon Singleton about visitation to Macau during the recent Chinese New Year period and the outlook for recovery. The longer-than-usual May holiday may be a...
This week, we explore the findings of the recently released Pacific Asia Travel Association (PATA)'s Asia Pacific Visitor Forecast 2021-2023 report, which identifies three scenarios of growth and recovery for international visitor arrivals (IVAs) to...
Kenanga Research expects Malaysia's casino operator to rebound more swiftly than its number forecast operators, as border restrictions ease. The sector valuation remains attractive as gaming stocks were still 15-26 percent cheaper than a year ago.
Wynn Resorts CEO Matt Maddox has said the casino industry in Las Vegas could come back like in the Roaring 20's as people seek to have fun after surviving the pandemic, but warns that may take two years to happen.
It's still unknown whether Macau's gaming sector is on the path to recovery, with conflicting reports over the last month signaling both good and bad news over the medium term.
Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
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