Macau market recovery not before 2023, suppliers say


Source: agbrief.com agbrief.com

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Macau’s electronic gaming market won’t see a full recovery until at least 2023 and may potentially take until 2025 to rebound, suppliers said. The predictions were made during a panel session at the online MGS 2021 Summit held on Wednesday. “In our thoughts, there will be a build up of growth as visitation changes, but we don’t see back to normal until post-2025, particularly on the electronic gaming side,” said Ken Jolly, Scientific Games’ vice president and managing director Asia. His thoughts were echoed by Betty Zhao, chief operating officer of LT Game, who pointed out that the government isn’t...