Forum to Discuss Macau VIP Gambling This Week
Following the arrest of a high-profile junket executive in Macao last week, some analysts are predicting that the region will see its VIP revenue drop by a further 30% to 50% in the coming weeks.
The recent spate of arrests has come as somewhat of a shock for Macau as it has always been considered largely immune to China’s ongoing cross-border gambling crackdown.
To help industry stakeholders grasp the situation and plan for the future, Asia Gaming Brief has organized a pop-up forum entitled “Is this the end of junkets?” that will be taking place on Thursday, December 9th, 2021, from 4pm to 5pm HKT.
The forum is set to bring together a number of industry experts who will be examining the repercussions for Asia’s VIP and junket market. They will provide numerous revenue scenarios for VIP and premium mass, look at the impact on ex-Macau gaming jurisdictions, how this affects the online gaming landscape, and provide a bigger picture view of China and its latest set of crackdowns. To find out more about the situation, read our interview with Felix Ng from Asia Gaming Brief, in which we discussed the future of the Asian gambling market.
A number of high profile speakers have already been confirmed:
- Alidad Tash - Managing Director, 2NT8
- Ben Lee - Managing Partner, IGamiX Management and Consulting
- Martin Purbrick - Principal, Purbrick & Associates Ltd
- Steve Vickers - Founder, Steve Vickers, and Associates
- Kelly Amato - Director - Southeast Asia Industrials, Fitch Ratings.
More speakers are set to be announced, and it is possible to register for the panel on the AGB website.
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