“At Sands, the focus was on the mass and premium mass markets and made it a very significant and differentiated decision to not pursue junket business. … Sheldon Adelson decided to master the premium mass, really the main area of focus.”
—Jason Ader, head of 26 Capital and a former Las Vegas Sands exec, on Adelson’s foresight in eschewing junket business in Macau in favor of mass and premium mass players
“Seventy percent of visitors to Macau used to be mainland residents, but now only 10 percent are left. The pandemic is only accelerating the decline of the gambling industry, but the root cause is the mainland’s restrictions on offshore gambling.”
—Eilo Yu Wing-yat, Macau public administration professor, who says the city’s GGR drop is due less to Covid-19 than to Mainland China’s anti-gambling stance
“Singapore and the Philippines are growing exponentially. Macau has already lost its shine.”
—Jay Chun, chairman, Macau Gaming Equipment Manufacturers Association, on gaming markets that may eventually surpass Macau
“Gambling treatment kind of gets lumped in with mental health treatment, general addiction treatment. Because our clinical has this specialized experience related to gambling we are hoping we can get people a very tailored, specific to their needs and maybe better, faster outcomes.”
—Meredith Ginley, East Tennessee State University clinical psychology professor, who just opened the state’s second clinic for the treatment of problem gambling
“Consumers clearly want legal sports betting options and understand the regulated industry’s foundational commitments to responsibility.”
—Bill Miller, CEO of the American Gaming Association referring to a survey that confirms bettors want legal sportsbooks
“I generally hate the state of Kansas in every way, shape and form.”
—Caleb Rowden, Missouri State Senator expressing his unhappiness that Kansas has sports betting in place before his state
