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Asia Casino News │ ACN东方博彩新闻

Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

By 2022, Macau Would Have Taken Other Asia-Pacific Gaming Markets

March 23, 2021 iGaming & Gambling

Chinese gamblers and tourists will head back to the special administrative region (SAR). Analysts at Morgan Stanley believes that mass market slots and table game players in years who past would have visited other gaming markets in the region will instead head to Macau. Based from the $10.3 billion in gross gaming revenue from slots and mass market gamblers in 2019, Stanley forecasts $2.06 billion of GGR being onshored back to the SAR by 2022. Galaxy Entertainment and Las Vegas Sands (NYSE:LVS) controls dominant share among mass market players. Moreover, cost efficiencies realized during the pandemic are likely to matriculate to bottom lines. A rough estimate of 4% cut in costs could boost gaming companies’ Macau earnings before interest, taxes, depreciation and amortization (EBITDA) by 15 percent in 2022. To read more about how Macau will take its neighboring countries’ market share in 2022, check the article at.

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