Macau Recovery Seen Lagging Peers

The video discusses the new gaming law in Macau, its impact on investors, and the expected recovery of the gaming industry. It highlights the importance of travel resumption for Macau's economic recovery and identifies Sands China and MGM China as preferred investment options due to their strong market positioning. The video also outlines expectations for travel and visitation recovery, emphasizing the need for long-term investment strategies.

What is the main reason for the initial investor concern regarding the new gaming law?

• The law created uncertainty.

• The law increased taxes.

• The law was not published.

• The law banned gaming.

Why are Sands China and MGM China preferred by investors?

• They offer the highest dividends.

• They focus on mass and premium mass recovery.

• They have the most casinos.

• They are the oldest companies.

What is the expected timeline for Hong Kong to reopen for Macau?

• End of December

• Early January

• Late March to April

• Mid-June

How has Sands China repositioned itself in the market?

• By focusing on high-end base mass and premium mass

• By closing non-gaming facilities

• By reducing hotel rooms

• By increasing gaming tables

What is a significant factor affecting travel resumption to Macau?

• Weather conditions

• Omicron variant

• New hotel openings

• Currency exchange rates