{"id":79,"date":"2024-06-12T04:14:09","date_gmt":"2024-06-12T01:14:09","guid":{"rendered":"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/12\/asian-gaming-sector-recovery-shows-mixed-results-post-pandemic\/"},"modified":"2024-06-12T10:29:56","modified_gmt":"2024-06-12T07:29:56","slug":"asian-gaming-sector-recovery-shows-mixed-results-post-pandemic","status":"publish","type":"post","link":"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/12\/asian-gaming-sector-recovery-shows-mixed-results-post-pandemic\/","title":{"rendered":"Asian Gaming Sector Recovery Shows Mixed Results Post-Pandemic"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/tcE4tav_c2I\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A research report by Bloomberg contrasted the resurgence of various Asian gaming sectors and unveiled unexpected results during a G2E Asia presentation. <\/p>\n<p>The Philippines demonstrated a robust comeback, with gaming income hitting 79% of 2019 figures by the middle of 2022. Singapore&#8217;s gambling sector also experienced substantial expansion, achieving 68% of pre-pandemic numbers in the initial six months of 2022. Bloomberg projects that Singapore will attain full recuperation by 2024.<\/p>\n<p>Conversely, Macau&#8217;s revival has been more unpredictable. Although it reached 30% of 2019 levels in 2021, this number plummeted to 18% in the first half of 2022, probably because of China&#8217;s economic difficulties and COVID-19 restrictions. <\/p>\n<p>Although plummeting to 13% in 2022, and only achieving 27% by the middle of 2022, Phnom Penh, the capital of Cambodia, exhibited a 51% surge fueled by starting figures in 2020.  This corresponds with the effects of the Covid-19 pandemic on the nation. <\/p>\n<p>The resurgence in specific areas can also be comprehended through the perspective of taxation policies.  Macau, as an example, levies a substantial 40% tax on high-stakes gambling income.  Conversely,  locations such as the Philippines, Singapore, and Cambodia possess more advantageous and adaptable tax frameworks for both recreational gamblers and VIP patrons. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A research report by Bloomberg contrasted the resurgence of various Asian gaming sectors and unveiled unexpected results during a G2E Asia presentation. The Philippines demonstrated a robust comeback, with gaming income hitting 79% of 2019 figures by the middle of 2022. Singapore&#8217;s gambling sector also experienced substantial expansion, achieving 68% of pre-pandemic numbers in the [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Asian Gaming Roars Back: Surprising Leaders in Post-Pandemic Recovery<\/title>\n<meta name=\"description\" content=\"Which Asian gaming hub is already at 79% of pre-pandemic revenue? 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