TA Securities senior investment analyst Tan Kam Meng emphasises that the Japan catalyst is not immediate as “we will only see the result of the bidding in 2020”. “Genting Singapore has a reasonable chance but it will be a tough fight. It had guided the market that this year will be when the company firms up all the gaming law and regulations.
Additionally, Sharia law applies to Muslims, banning all forms of gambling for over 60% of the population. Licensed betting operators in Malaysia must follow various mega888 social responsibility policies in line with the local laws on gambling. They must not allow underaged individuals on the betting premises.
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