News

Kit Szybala quoted in Forbes Magazine

India’s Ignored Gaming Potential Tops $10 Bln, White Paper Says

by Muhammad Cohen

Name an Asian country with a billion-plus population, a rapidly expanding middle class, a propensity to gamble and virtually nowhere to do it at home.  Think again; the country described above is not only China, but India.  A report from gaming, tourism and hospitality consultant Global Market Advisors says that India has the potential to become a $10 billion annual legal gaming market. But international operators and major Asian gaming destinations remain fixated on China, despite diminishing returns, largely ignoring this outsized opportunity.

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Shaun McCamley quoted in CalvinAyre.com

Shaun McCamley: Look at proxy betting, social games to build brand

Asia is-at this moment-the largest gambling market, but it’s also a very difficult one to operate in due to restrictions that stem from outdated government laws.  Shaun McCamley, of Global Market Advisors, said “tough times” are ahead for operators, which is why they should start looking at other offerings to build brand and bring in additional revenue.

You can watch the entire interview here

Kit Szybala quoted in Asia Gaming Brief

Indian gamer undervalued

India could become the next dominant force in Asian gaming, as long as India’s growing population has easy access to a mix of attractive integrated casino resorts, says Global Market Advisors.

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You can read the White Paper referenced in the above article here

Kit Szybala quoted in GGR Asia

Indians’ casino play US$10 billion if right product: GMA

Casino gambling by the growing middle class of Indian nationals has the potential to generate nearly US$10.2 billion annually by the year 2025 provided there is the right product close to home, says a new report from Global Market Advisors LLC (GMA).

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You can download and read the White Paper referenced in the article here

Steve Gallaway quoted in EJ Insight

Vladivostok gambling zone: Opportunities and challenges

by Brian Yeung

In 2009, Russia declared gambling illegal except in four (later expanded to five) integrated entertainment zones, including one near Vladivostok…

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Shaun McCamley quoted in Asia Gaming Brief

Proxy betting attracting Macau’s missing billions?

Proxy betting is booming in Asia’s grey markets, with live broadcasts of table games thought to be pulling in a chunk of Macau’s missing VIP billions, but this growth has led to concern over unclear regulations…

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Proxy betting attracting Macau’s missing billions? 

Article by Kit Szybala featured in Global Gaming Business Magazine

Asia’s Sleeping Tiger

by Kit Szybala

Since the emergence of Macau and Singapore as two of the world’s largest gaming markets, casino developers have looked at other jurisdictions within Asia for the next great opportunity.  Japan, South Korea, Vietnam, the Primorye region of Eastern Russia, the Philippines and Cambodia have all generated varying amounts of interest from international casino developers.  Japan, with its large and prosperous population, now appears to be out of play, at least for the foreseeable future…

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Asia’s Sleeping Tiger

Steven Gallaway quoted in the Boston Globe

Plainridge’s recent revenue surge may be a mirage

by Sean P. Murphy

After a strong opening last summer, Plainridge Park Casino saw its revenue drop for five consecutive months, a downward spiral that raised questions about its competitive viability.  But business at the Plainville slot parlor surged in January and February, stirring hopes for a spring rebound.

Plainridge’s recent revenue surge may be a mirage

Shaun McCamley and Andrew Klebanow quoted in Inside Asian Gaming Magazine

Full Steam Ahead

by Muhammad Cohen

Shipboard gaming undoubtedly developed as soon as two sailors weren’t yanking an oar or pulling a sheet – that’s a rope for you lubbers.  The riverboat gambler is a staple of American folklore, and the phrase resides in the American lexicon as a synonym for big risk taker.  After New Jersey became the second US state to legalize casino gambling in 1976, some Midwest jurisdictions bet on a revival of riverboat gaming with mixed results.  In India’s Goa state, table games are only permitted on ships.  Grand Korea Leisure floated the idea of gaming cruises and got torpedoed by South Korean authorities.  Floating casinos that didn’t leave the pier were fixtures of pre-liberalization Macau and gave NagaWorld in Phnom Penh its start in 1995.

Full Steam Ahead

Andrew Klebanow quoted in Inside Asian Gaming Magazine

Money in the Middle

By Muhammad Cohen

Inside Asian Gaming Magazine

The opening of Melco Crown’s Studio City in October heralded Macau’s pivot away from focusing overwhelmingly on the high end of the market and turning toward the middle class.  The resort opened without VIP gaming and features an array of non-gaming attractions, including theme park style rides, magic shows, international nightclub brand Pacha and a 5,000 seat arena hosting the likes of Mariah Carey and Aaron Kwok on opening night and Madonna this month.

Money in the Middle