Casinos stay robust in Singapore, Malaysia as Cambodia, Thailand take hits: S&P Global
Return of Chinese tourists to the region as well as product stickiness aid the industry’s recovery, says analyst
The casino and gaming industry looks set to remain resilient in some Asean economies, a report by market intelligence provider S&P Global indicated on Tuesday (Jul 8). This is despite increased volatility in the macro environment, as tariffs and labour constraints continue to bring uncertainty.

Industry revenues continue to be propped up by a premium mass gaming market in the region, noted S&P Global analyst Ong Hwee Yee.

Pointing out that gaming as a product has high stickiness, she said: “Affluent players may be less exposed to a weakening economy than the lower-income groups... Players return and remain engaged.” https://www.businesstimes.com.sg/international/asean/casinos-stay-robust-singapore-malaysia-cambodia-thailand-take-hits-sp-global