In certain ways, China has had a big impact on Macau’s gambling revenue. While it hasn’t been intentional, the trade war with the U.S., protests in Hong Kong, a weaker domestic economy and a strict anti-online gambling stance have been responsible for weaker gambling action in the city. According to one analyst, this pressure could soon spread into Europe, as well, causing its gaming industry to suffer.
gaming industry
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Earlier this year Sweden introduced some major changes to its gambling industry through regulations which saw licenses awarded to several online gambling operators
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The biggest competition threat for Genting Malaysia Bhd’s (Genting Malaysia) mass and premium-mass segment is projected to come from the casinos in Cambodia, the Philippines and Vietnam.
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Philippine Alliance Global Group is eyeing a 15-per-cent increase in profit by scaling up operations in gaming services and premium alcohol products