Your Daily Asia Gaming eBrief: Macau ramp-up needs non-resident labor: experts

Good morning.?Build it and (hope you can hire enough employees when) they will come. That’s the tightrope Macau operators are facing as?labor policies towards non-residents?hamper their ability to ramp-up, say experts. And in Manila, the?ASEAN Gaming Summit?begins to toast guests, as the Welcome Reception kicks off today, setting the stage for the three-day event which gathers top industry experts in the event’s largest edition yet.

What you need to know

• Macau is going to increasingly need more?non-resident labor?to drive its ramp-up, as labor policies and worker willingness stall progress, say experts.
• The ASEAN Gaming Summit?will see its first guests today as the Welcome Reception?kicks off in Manila, paving the way for the three-day expo and conference.

On the radar

• Macau visitor arrivals?reach almost 1.6 million in February.
• Australian police set up new?anti money-laundering?taskforce.
• LET Group?sees revenue rise from Tigre de Cristal, offsetting FY22 loss.
• International flight?tickets sales up 20% weekly?says Air Macau.

AGB INTELLIGENCE

MACAU

Labor constraints hinder Macau’s ramp-up: experts

The stringent labor policies for?non-resident workers?are delaying Macau’s ability to meet customer needs and ramp-up to the SAR’s full potential, limiting room supply and venue offerings. Experts point out that non-resident hirings are likely to?only begin in April, with worries that current government policies will continue to constrain the industry from growing to its full potential.

Corporate Spotlight

Continent 8 Technologies:?The industry’s trusted infrastructure partner celebrates 25 years of reliable innovation?at ASEAN 2023

Continent 8 Technologies?is an award-winning, multi-jurisdictional, global network solutions provider that connects, manages, and secures a company’s most valuable information. This year the company celebrates 25 years of reliable innovation, supporting customers’ operations and global growth since 1998 through cutting-edge technology.

Find us at the?ASEAN Gaming Summit 2023.

Industry Updates

• Display of?Zitro machines?at Andorra’s first-ever casino: UNNIC.
• Videoslots?announces sponsorship deal with Neptunes WPSC.