Inside Asian Gaming

IAG AUG 2022年8月 亞博匯 38 COVER STORY It could easily be a third of that amount, or even less! It’s time to stop crying wolf. I think it’s likely we will effectively never see “normal” again – especially if your definition of “normal” is 2019 levels. In mid-July the trio of US operators with exposure to Macau sat shoulder to shoulder for an interview on CNBC. Las Vegas Sands Chairman and CEO Rob Goldstein, MGM Resorts CEO Bill Hornbuckle and Wynn Resorts CEO Craig Billings dutifully proclaimed Macau would return to its former glory days. “I find it funny that people question Macau’s return,” Goldstein said, “Of course it’s been a hard couple of years, no question … it’s a tough time. You’ve got to basically hunker down and wait for it to turn. But the idea it doesn’t turn is kind of hard to imagine – it’s going to turn probably this year or next. And when it does, Macau will go back to making – you know, we made at the peak US$3.5 billion EBITDA. I think