Quote of the Day

“Indonesia is not going to have gaming. Malaysia is not going to have increased gaming. Vietnam is a giant question mark and doesn’t have that many players. So you are left with only Singapore and Malaysia, and Chinese individuals living in Indonesia. That’s really the source market for Singapore. If it can dig more into the Indian subcontinent, there’d be some significant demand coming out of that area. But with [Marina Bay Sands] operating at 99%, it is hard to bring more players in. Singapore will remain a saturated duopoly market.” — Vitaly Umansky, global gaming senior research analyst for Sanford C. Bernstein on the future of the Singapore market.