Genting Aims To Upend Macau Casino Landscape In Bidding War

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"This growth is also leading to concerns about the impact of new energy systems on the long-term availability of resources and the economic and environmental impacts of the extraction and use of critical metals and other elements.

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Green, 32, a four-time All-Star, is entering his 11th season in the league, all with the Warriors. He's a seven-time All-Defensive selection with career averages of 8.7 points, 6.9 rebounds and 5.4 assists.

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"Macau has been told over and over again to focus less on Chinese VIPs and more on non-gaming but they pretty much paid lip service to that idea. So now... they have to really make a hard divert to that philosophy," Yin said.

There's still a long way to go, but it aims to end the disposal of toxic batteries at landfill sites and recover valuable elements that are in limited supply: copper, cobalt, nickel, manganese and the so-called metal of the decade, lithium.

While Cole grew up patiently playing his way through mainstream games that weren't designed with his needs in mind, he said some younger blind gamers have grown up with audio-only, although whether these are in fact better is a question of taste.

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The scheme is focused on making it ultra-convenient for Australian consumers to recycle batteries and drastically reduce the estimated 90 per cent of batteries that wound up in landfill before the scheme began.
"Video games are the one of the greatest mediums for escapism, because not only do they allow you to experience a story the same way a book or a movie would... you get to play those characters and interact with that world," he told AAP.

But things are changing rapidly, according to US-based video game industry accessibility consultant Brandon Cole, with mainstream games that incorporate the needs of vision impaired players, and a range of audio-only pkv games on the market.

"We recognise this has presented issues for the recycling industry as it scales up and adjusts to a role in product stewardship with its increased focus on transparency and accountability," he wrote in a report on the scheme's first six months of operation.

The Malaysian group's multiple non-gaming investments in China, including a prominent ski resort that was used for the Beijing 2022 Winter Olympics, are also likely to bolster its chances, analysts said.

If one of the incumbents lost their license it's likely to send tremors throughout Macau´s gambling industry as the companies have collectively invested more than $50 billion in the past two decades, are tied closely to the economic fortunes of the former Portuguese colony and employ tens of thousands of people.

It would cause "far too much disruption" if any of the six operators were replaced, said Terry Ng, an analyst at Daiwa in Hong Kong, although other industry watchers note the incumbents have left themselves vulnerable to an operator like Genting which lost out on a Macau licence in 2002.

If an incumbent loses their license, they must return the casino area to the government for free at the end of this year, making it financially unviable to operate the remaining facilities as gambling accounts for 80-90% of total revenue.

A shortened license period of 10 years from 20 years is also not a problem, Song said, as the government would re-allocate facilities and resources to Genting if it won a license, so they "don´t actually need to build everything from the ground." ($1 = 7.8498 Hong Kong dollars) (Reporting by Farah Master Editing by Shri Navaratnam)

Genting "can offer the Macau government whatever they expressly said they wanted," versus the incumbents who have predominantly focused on Chinese VIPs, said Samuel Yin Shao Yang, an analyst at Maybank.

Only six slots will be available for the seven applicants, Macau´s government has said, as Genting Malaysia goes head-to-head with the six concessionaires Sands China, Wynn Macau, Galaxy Entertainment, MGM China , Melco Resorts and SJM Holdings as their concessions expire at year-end.