News

Steve Gallaway quoted in GGR Asia

Millennials and casinos: bridging the generation gap

Millennials – one of the largest demographic groupings in human history – are moving into their prime spending years.  This generation, defined as people born between 1980 and 2000 are already influencing the way products and services are consumed, and their influence is likely to grow. Thus, it is forcing companies to examine how they conduct business and how they can bridge the generation gap.

Millennials and casinos: bridging the generation gap

Politics, public opinion and China – factors shaping Taiwan’s casino policy

Politics, public opinion and China – factors shaping Taiwan’s casino policy

Asian Lawyer Magazine

by William Bryson

Domestic politics, public opinion and cross-straits relations may all play a part as the island debates moves to allow a casino industry on its outlying islands. Bill Bryson, a senior advisor at Global Market Advisors, outlines some of the risks and mitigating factors.

Politics, public opinion and China – factors shaping Taiwan’s casino policy

Andrew Klebanow and Steve Gallaway quoted in Global Gaming Business Magazine

Slot Floor Exodus

by Frank Legato

Global Gaming Business Magazine

Ten years ago, few questioned how operators managed the industry’s cash cow, the slot floor.  Over the past couple of years, though, the cow has become a lot harder to milk, and what was once unthinkable is now one of the few things on which everyone agrees: Everywhere you look, slot revenues are down.

Slot Floor Exodus

Steve Gallaway and Andrew Klebanow quoted in TRIB News

PA slot payout rate increases for a change

by Mark Gruetze

Slot machines players might have a hard time seeing it, but the slot payout rate in Pennsylvania casinos has risen for the first time since the year after the state legalized gambling.

PA Slot payout rate increases for a change

Andrew Klebanow quoted in Forbes

Macau Peninsula, Cotai A Tale of Two Cities For Urban Casino Integration

by Muhammad Cohen

Forbes

Casinos in cities should connect with their surroundings and can lead their enormous visitor pull to spur urban revival, Global Market Advisors partner, Andrew Klebanow says in a thoughtful and timely paper, Casinos and the City, that he presented recently in Beijing.  While downtown Macau (or “the peninsula”) is an archetype for successful integration of casinos into the cityscape – just count the number of pawn shops – Cotai has gone a different way.

Macau Peninsula, Cotai A Tale of Two Cities for Urban Casino Integration

Steve Gallaway quoted in Global Gaming Business Magazine

Labor Pains

By James Rutherford

Global Gaming Business Magazine

On May 1, Macau’s casino workers kicked off another dismal month for gaming revenues by taking to the city’s ancient streets to demand pay raises and limits on the employment of migrants, and an end to workplace disciplinary policies they fear have been introduced to cover for a troubled industry looking to cut its losses by cutting jobs.

Labor Pains

Global Market Advisors quoted in South Coast Today

Promise of Jobs Central to New Bedford Casino Debate

City officials have said KG Urban’s casino project would create 2,164 construction jobs and 3,831 permanent jobs.  Those figures are from consultant Global Market Advisors, which has done feasibility studies on the developer.

South Coast Today

Andrew Klebanow quoted in Inside Asian Gaming Magazine

Rough Around the Edges

You won’t see hitching posts, tumbleweeds or swinging door saloons, but Poipet in Cambodia is the frontier.  The casino strip lies just past Thailand’s busy border checkpoint at Aranya Prathet, where some 5,000 people cross into Cambodia daily.  After passing an arch crowned in the style of Buddhist stupas, travelers must walk some 200 meters through the heart of the strip to reach Cambodia’s immigration post and receive their visas.

Rough Around the Edges

Another GMA Assignment Comes to Fruition as a Construction Project

Tribe Starts Work on Travel Plaza South of Town

The Record Courier

Work south of Gardnerville has begun on the $11.78 million Washoe Travel Plaza, which could eventually includes a casino operated by another tribe.

Tribe Starts Work on Travel Plaza South of Town

Gaming Market Advisors quoted in an official release about the Primorye IEZ

“Primorye” Integrated Entertainment Zone

“Primorsky Krai Development Corporation” OJSC performs the function of the general developer Integrated Entertainment Zone territory, carries attracting investors and provides design and construction of engineering, transport and social infrastructure.

Primorye (IEZ)