“It’s not only our company, it’s all six concessionaires. We have been very good to the community and the community to us.”
—Bill Hornbuckle, president and CEO, MGM Resorts International, who says the company has enjoyed great success in Macau, but takes “very seriously” a seventh license bid from Genting
“The government, the concessionaires and we junkets are all still trying to explore a way for how VIP gaming of Macau can work in the future.”
—U Io Hong, Macau junket veteran, who says only a few junket-casino partnerships still exist in Macau
“At this revenue, the Macau operators are likely to continue to be in loss-making mode.”
—Credit Suisse analysts, on a drop in Macau gaming stocks following new Covid-19 infections
“With this policy continuing, Macau’s gaming and leisure industry will continue to suffer due to the uncertainties and disruptions to the travel plan of the tourists in Mainland China.”
—Wang Changbin, director, the Center for Gaming and Tourism Studies at Macao Polytechnic University, on China’s zero-Covid policy
“It is widely believed that social costs of POGO far outweigh its economic benefits to the Philippines in the long run. POGO should be tackled from the root, so as to address the social ills in a sweeping manner.”
—Huang Xilian, Chinese ambassador to the Philippines, reiterating China’s opposition to Philippine Offshore Gaming Operations (POGOs) that target Chinese gamblers
“I have to keep fighting. If I were to stop, the next generation would probably have to start from ground zero.”
— Ron Yob, tribal chairman of the Grand River Bands of Ottawa Indians of Michigan on the Department of the Interior’s postponement, yet again of the decision to give federal recognition to the tribe, for which they first applied in 1994
“It’s a nice windfall for the state and for us to keep our heads above water. Being online smooths out the bumps.”
—Rodney Butler, chairman of the Mashantucket Pequot Tribal Nation, remarking on the first year of revenues from digital gaming and sports betting in Connecticut for his tribe and the Mohegans
