Professor Wang Changbin, Director of the Centre for Gaming and Tourism Studies at Macao Polytechnic University, is set to deliver an insightful presentation at the MGS Summit, shedding light on how Macau’s concessionaires can enhance the city’s tourism appeal to new international customers. The presentation, titled “The Gaming Industry in the Post-Pandemic World and Macau: Trends and Strategies,” not only delves into key factors contributing to Macau’s recovery but also explores avenues for broadening its appeal on the global stage.
Macau’s Unique Advantages:
Macau, with its strategic proximity to mainland China and a distinctive clustering effect, has weathered the storm of the pandemic. As border restrictions eased in January, the city’s gaming industry has shown signs of a stable recovery. However, to capitalize on its unique advantages and attract a more diverse international tourist base, Macau must intensify its efforts. This is particularly crucial as other Asian countries legalize and expand their gaming industries, often adopting more favorable tax rates.
Exploring Recovery Factors:
Professor Wang’s presentation promises a detailed exploration of the key factors that have fueled Macau’s recovery post the easing of border restrictions. Analyzing these factors provides valuable insights into the resilience of Macau’s gaming industry and the strategies employed to navigate the evolving landscape.
Global Gaming Trends:
To effectively broaden Macau’s tourism appeal, it is imperative to understand global gaming trends. The presentation is expected to offer a comprehensive analysis of trends shaping the post-pandemic gaming world. This includes the integration of artificial intelligence (AI) in gaming, an aspect to be discussed by GLI’s Ian Hughes during the summit.
Industry Insights from Keynote Speaker:
The MGS Summit will commence with a Keynote Address by Kevin Kelley, Chief Operating Officer – Macau at Galaxy Entertainment Group. This industry insider’s perspective will set the stage for discussions on market developments across Asia, providing valuable context for Professor Wang’s insights.
Strategies for Attracting International Tourists:
As Macau charts its course toward recovery, strategies for attracting international tourists become paramount. Professor Wang’s expertise will likely unveil innovative approaches that leverage Macau’s unique position in the region. Insights into successful practices and emerging trends will be valuable for industry stakeholders seeking to enhance Macau’s global appeal.
Panel Discussion on Concessionaires’ Challenges:
The summit agenda includes a panel session featuring representatives of Macau’s concessionaires, offering a platform to discuss the opportunities and challenges they face under their new 10-year concessions. This discussion provides a real-world perspective on the intricacies of the gaming industry in Macau.
Exploring Remote Gaming in the Philippines:
Further expanding the scope, the summit will include a discussion on remote gaming in the Philippines, adding a regional perspective to the broader conversation on gaming industry dynamics.
Professor Wang Changbin’s presentation at the MGS Summit holds the promise of unraveling crucial insights into Macau’s gaming industry. As the city strives for a stable recovery, understanding trends, exploring recovery factors, and formulating strategies for international tourism are pivotal. The summit, with its diverse agenda, emerges as a platform for industry leaders and experts to collectively shape the future of Macau’s gaming and tourism landscape.