Bloomberg research compares gaming recoveries in different Asian markets
During its G2E Asia presentation, Bloomberg showcased the ongoing recovery of the casino and resort market in Asia, which threw up some surprising results.
Starting with the Philippines, Han Lee presented Bloomberg’s findings that, in 2020, the country posted a 39% comparison with 2019; which rose to 47% in 2021; and, thus far in H1 2022 has already reached 79%. This marks a strong recovery for the market.
Meanwhile, in Singapore, the island saw a 41% comparison to 2019 in 2020, bumping up by four percent to 45% in 2021. But it was in H1 2022 that it recorded a big leap of 68% on 2019 – with Han Lee saying Bloomberg expected Singapore’s gaming market to reach pre-pandemic levels by 2024.