Inside Asian Gaming

IAG OCT 2020年10月 亞博匯 29 封面故事 China, South Korea and Japan (as of 18 September) with sponsorship by companies or government agencies, testing upon departure and upon arrival, plus a “controlled itinerary” for the first 14 days, and from early September allowed visitors from New Zealand and Brunei without quarantine, resulting in a handful of daily arrivals. Sources indicate these exceptions have not had meaningful impact on casino revenue. Major RWS attractions Universal Studios and S.E.A. Aquarium are open along with hotels and the “majority” of F&B and retail outlets, management tells Inside Asian Gaming . Morgan Stanley’s Choudhary, Gareth Leung and Thomas Allen write that RWS has the “highest revenue exposure to international travelers among regional peers, at 75%,” so it figures to recover more slowly than MBS until international travel is restored. At MBS, the rooftop SkyPark is open along with the infinity pool, the latter for hotel guests only (as usual) by appointment. MBS plans to resume conventions in October under a Singapore pilot program with a limit of 250 delegates. MBS says its MICE events will have COVID-19 health and safety protocols and be carbon neutral. TRIAL RUN In the Philippines, Morgan Stanley estimates 53% gaming revenue at Bloomberry Resorts’ Solaire is derived from local players, making it a good recovery bet. Solaire has been accommodating long-term guests throughout the pandemic. Regulator PAGCOR’s “trial run” easing enabled Solaire to reopen retail and most restaurants, along with the casino for “invited guests,” according to Bloomberry CFO and Treasurer Estella Tuason-Occeña. “We are ready to reopenmore of our capacity as soon as we are allowed to by PAGCOR and the government,” Tuason-Occeña explains.