Inside Asian Gaming

IAG JAN 2023年1月 亞博匯 27 [in annual EBITDA] will look very small.” While full recovery is still some time away, Singapore is already looming as Asian gaming’s success story thanks to its government’s proactive actions in emerging from COVID and its positioning of the city as a more attractive post- pandemic travel option than some regional peers. In a November note following releaseof theQ3 financial results of Genting Singapore – operator of Singapore’s other IR, Resorts World Sentosa (RWS) – Morgan Stanley said the sovereign state has “recovered the fastest among Asian gaming markets”, with RWS and MBS combining to generate net gaming revenue of SG$785 million (US$579 million) and EBITDA of SG$527 million (US$389 million) for the quarter. These figures place revenue at 96% of 3Q19 levels and EBITDA at 82%. Maybank Investment Bank analyst Samuel Yin Shao Yang added separately that both the VIP and mass sectors were Resorts World Sentosa 聖淘沙名勝世界 封面故事 2019年達到年均16億美元的收入水平。 Goldstein預測:「如果我們做對選 擇且市場復甦,未來數年甚至可以增長 到20億美元。」 「新加坡這個目的地會獲得前所未 有的發展。我們的建築物將更為雄偉, 而且當內地及亞洲其他國家和地區也開 始觸底反彈時,年均16億美元的收入就 不在話下。」 儘管距離全面復甦尚有時日,但新 加坡已然成為亞洲博彩業的成功典範, 這無疑要歸功於新加坡政府在應對新冠 疫情方面所採取的積極行動,以及新加 坡較周邊國家成為更具吸引力的疫後出 遊首選。 摩根士丹利在11月發佈的分析雲頂

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