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MACAU BUSINESS


Digital Media, identified key locations in Bangkok, such as the Impact Arena, a major convention centre, and Bang Na, a bustling retail area, as prime sites for integrated resort development. Both locations are strategically positioned to capitalise on tourism and accessibility, particularly with upcoming infrastructure improvements like the BTS Skytrain connection.


However, panellists cautioned against over-concentration of casino developments in Bangkok, warning that such a scenario could economically disadvantage other regions. Tiago Azevedo, Principal at GGRAsia, pointed out that investment expectations should vary based on


location. “You cannot expect companies to invest the same amount if they go to Bangkok, if they go to Phuket, if they go to Chiang Mai,” he stated, suggesting that tailored investment strategies should be developed for each area. The discussion also touched on the regulatory framework surrounding integrated resorts. Concerns were raised about potential rules limiting casinos to a small percentage of the overall entertainment complex, but Cohen dismissed this limitation as largely irrelevant, arguing that such parameters could be adjusted without major implications. He warned that simultaneous developments in Bangkok could undermine


tourism in other regions, emphasising the need for a balanced approach to regional development. Martin Williams, a journalist with Vixio Gambling Compliance, underscored the importance of a strategic approach to location choice. He reflected on Japan’s struggles with a “one-size-fits-all” model and emphasised the necessity for flexibility to meet local needs. “The one-size-fits-all model was a disaster for Japan because the central government wasn’t willing to be flexible enough to meet the needs of local companies,” he asserted. Williams advocated for concentrated development, suggesting that a cluster of resorts could enhance confidence and economic viability.


Spintec qp CI Apr25.indd 1


2/4/25 11:27


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