Inside Asian Gaming

IAG JAPAN MAY 2021 30 be 22% higher next year than in 2019 at RMB122 trillion – the Macau mass market is seen as a major beneficiary. Based on recent history, which has Macau mass revenue as a percentage of China GDP relatively stable at around 0.14%, the analysts are tipping mass revenue of US$26 billion in 2022 – an increase of 18% compared to 2019 and enough to make amends for an anticipated 31% decline in VIP revenue. It should be noted, too, that long-coming headwinds facing the VIP sector are, for the most part, unrelated to the COVID-19 pandemic and may in fact further boost Macau operators at the expense of regional rivals. Chinese authorities have issued multiple statements since the second half of 2020 promising a range of crackdowns on cross-border gambling and specifically those individuals and jurisdictions seen to be attracting Chinese tourists for gambling activities. In particular, the Ministry of Culture and Tourism announced in August the establishment of a “blacklist” of overseas tourist destinations it said have been disrupting the nation’s outbound tourismmarket by opening casinos targeting mainland Chinese Chinese authorities have issued multiple statements since the second half of 2020 promising a range of crackdowns on cross- border gambling. 中国当局は2020年上半期以降、いくつも の声明を出し、越境ギャンブルに対する様 々な取り締まりを約束している。 COVER STORY