Every jurisdiction is unique, and its regulations have to be tailor-made to best fit both the public and private interests in order for it to have longevity. Macau and Singapore are already mature but, even so, continue to make alterations to their gaming frameworks, while Japan has been able to benefit from watching both evolve, and cherry-picking the best bits. Meanwhile, in Macau, the closure of the city’s remaining satellite casinos understandably weighs more on SJM, which is likely to see costs increase as it absorbs the labor force, even while benefiting from better table and EGM distribution at its IRs.
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