Macau, Philippines and Singapore: How did market share shift? Ben Lee takes a look at the top 3 Asian gaming hubs and the changes in 2023 | AGB

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Good Morning. It’s comparison time, as IGamiX Managing Partner Ben Lee takes a look at three top Asian gaming hubs: Macau, the Philippines and Singapore, and describes which operators gained most and which lost out as demographics, legislation and visitation shifted. The Philippines, for example, has witnessed a considerable development according to Lee, thanks to the “fantastic growth seen in Manila”. Meanwhile, S&P Global Ratings expects that Macau’s real GDP will rebound strongly by about 78 percent in 2023 and then 10 percent in 2024.

Daily Asia Gaming eBrief: Macau, the Philippines and Singapore: How did market share shift?

What you need to know

  • Under the Scope: major winners and losers of market share in 2023 – Macau, Philippines and Singapore – with Ben Lee.
  • S&P Global projects that, due to the normalization of gaming activities, Macau’s GDP could increase by another 10 percent this year, following a 78 percent surge in 2023.

On the radar

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  • China’s lottery sales down by 2.5 percent in November.
  • Albee Benitez offloads 66 million DigiPlus Interactive shares.

AGB Intelligence

UNDER THE SCOPE

MACAU, COTAI-STRIP

Winners and losers of 2023: Macau, Philippines and Singapore

Gaming operators across Asia saw a resurgence in 2023, with COVID restrictions being lifted. But not all operators are on the same footing as they were in 2019. IGamiX Managing Partner Ben Lee takes a look at Macau, the Philippines and Singapore, seeing who gained and lost the most market share when compared to the pre-pandemic period in this week’s Under the Scope.

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