Monday, February 26, 2024

Tag: Ben Lee

Macau looks to VIP market to drive recovery

Ben Lee iGamiX Macau VIP market recovery
Ben Lee, managing partner at IGamiX Management and Consulting observes that even prior to the pandemic Macau was already seeing a downward trend in GGR and suggests the VIP market will be the key to a recovery.

Sands confident in Asia investment plans despite underwhelming Q3

Sands Asia investment plans Q3
Sands chairman and CEO Sheldon Adelson got back in the saddle for the firm’s Q3 earnings call which saw the company report a 4.3 percent decline in net..

Ben Lee: Macau likely to see continuing decline in YoY growth in short to medium term

Ben Lee Macau
Ben Lee, Managing Partner at IGamiX Management and Consulting, talks Golden Week, the headwinds currently facing the Macau market and the impact of the..

Macau legislator: April revenue fall reflects market in process of reorientation

Macau legislator April revenue fall
Macau Secretary for Economy and Finance, Lionel Leong, contextualised the revenue fall within the changing structure of the Macau market, which he..

Concession renewal “..opportunity for Beijing to reframe the industry”

Greater Bay Area Macau
Ben Lee, Managing Partner at IGamiX Management and Consulting discusses the impact of the Greater Bay Area development plan on Macau, along with regional..

Legal experts suggest sub-concessions and satellite casinos could be reformed in Macau

As the deadline for concession expiration in Macau nears, discussion among industry stakeholders regarding what the new concession process will look like and how many licences should be issued remains ongoing. As the deadline for concession expiration in Macau draws closer, there is ongoing debate in the local industry about what form the new concession process will take. Gaming concessions expire...

Lucky for some: Cambodia’s new gambling bill

iGaming Times Cambodia
The Cambodian market is a game with two sets of rules: one for NagaWorld, and another for everybody else. Ben Lee, partner at Macau-based consultancy firm IGamiX, explains what provisions the country’s much-awaiting gaming bill is likely to make for these two classes of enterprise. Cambodia’s casino market is a feral world, where private people still barter for licences and...

Macau experts debate future of thriving VIP market

ICR - Hengqin Macau VIP
  With official figures showing that Macau’s VIP segment outgrew the mass market for the third quarter in a row, analysts remain divided as to whether this trend is set to abate any time soon.   Macau’s VIP segment outgrew the mass market in Q3 2017 for the third quarter running, according to government figures, but the steady trend has not healed...

Snakes and ladders: Cambodia finalising gaming bill

  The Cambodian market is going through a period of change. Ben Lee, partner at Macau-based consultancy firm IGamiX, gives an overview of the country’s much-awaited gaming bill, and parts the strands to take a look at the real forces affecting the domestic market.   The close-to-final draft of is currently with the cabinet, and once approved is expected to provide a...

Philippines casino market remains resilient amidst uncertainty

ICR - Philippines regulatory asian
Compared to its counterparts in Macau and Singapore, the Philippines casino industry would seem to be the underdog in Asia, however the strength of local demand and proxy gaming could help the country’s casino market ride out recent troubles, suggests gaming consultant Ben Lee.   The head coach of the Philippines national basketball team, Chot Reyes, is known for telling his...