News

Global Market Advisors mentioned in Forbes

Where Are Asia’s Casinos Headed in 2018?

by Muhammad Cohen

The gaming concession for SJM Holdings and its subconcession sold to MGM and Pansy Ho expires in March 2020, two years ahead of Macau’s other two casino licenses and their subconcessions.  I predict Macau will extend the SJM concession to align it with the others.  That will shift the question of what to do about the expiration of gaming concessions to Macau’s next chief executive, intensifying interest in next year’s contest to succeed Fernando Chui Sai-on.  Sure, Bejing has a lot to say about what happens in Macau, but gaming concession details are one area where Macau leadership can assert itself.

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Steve Gallaway quoted in Casino Review

No one will pity anybody: Tax hike to impact Russian industry growth

Russian casino operations are preparing for the impact of the Duma’s plans to raise gaming taxes throughout the Russian Federation by next year.

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Steve Gallaway quoted in Asia Gaming Brief magazine

Will Japan whet Europe’s expansion appetite?

It’s 15 years since Macau flung open its arms to international gaming companies and major US operators wasted little time heading to the Far East to plant their flags firmly in the ground.

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Steve Gallaway quoted in Asia Gaming Brief Magazine

Tax changes rock Russia’s gambling sector

Russia has passed a bill that doubles tax rates for both land-based casinos and bookmakers, with even more hikes in the pipeline, raising concern the ever shifting sands of regulation are changing the outlook for the industry and threatening foreign investment.

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Andrew Klebanow profiled in GGR Asia

Japan, Cambodia, Vietnam casino biz to watch: Klebanow

The regulated casino industry is well versed in dealing with the issue of problem gambling and will address any concerns that might be raised in Japan as that country moves toward legalizing casino business.

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Steve Gallaway quoted in Yogonet Gaming News – International Edition

Global Market Advisors projects up to USD 138 B in wagers

As the Supreme Court hears Christie Vs. NCAA today, sports betting remains one of the greatest opportunities for the gaming industry with the right regulatory and tax environment.  “Sports betting in the U.S. is on the forefront of the discussion not only in the gaming industry but among the general public,” said Steve Gallaway, GMA’s Managing Partner. “While the market has the potential to generate between $29.2 billion to $138.0 billion in wagers, it must be regulated and taxed properly to allow it to succeed.”

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Article by Steven Gallaway published in Global Gaming Business Magazine

The Millennial Is Not Your Customer

by Steven M. Gallaway

Millennial has become the new buzzword and focus of the gaming industry and commerce as a whole.

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Q&A with Andrew Klebanow and Global Gaming Business Magazine

East Coast Crunch

By Marjorie Preston

It’s getting crowded in upstate New York. Three casinos have opened since last December: del Lago in the Southern Tier, Rivers in Schenectady, and the new casino at Tioga Downs in the Finger Lakes area.  When the projects were pitched, gaming consultants forecasted combined revenues of $588 million through the end of 2017.

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Andrew Klebanow quoted in The Gazette

Why GOP-led Iowa doesn’t support free market for casinos

by B.A. Morelli

Much of American industry is based on a free market where competition spurs better products and lower prices and determines which businesses thrive or fail.

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Steven Gallaway interviewed by International Casino Review

Japanese tourism could sustain IR market at present level alone

Steven Gallaway, managing partner at Global Market Advisors, discusses the impact of frosty South Korean-Chinese relations, and the single feature of the Japanese gaming market which could set it apart in the Asia Pacific

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