News

Andrew Klebanow quoted in Marianas Variety News and Views

Consultant: ‘Gaming industry’ is good tool for tourism growth

By Cherrie Anne E. Villahermosa

The gaming industry is good for tourism growth but if Saipan wants to compete as a world-class destination it should improve its current hotel facilities and build more rooms, casino consultant Andrew Klebanow told Variety.

Consultant: ‘Gaming industry’ is good tool for tourism growth

Andrew Klebanow quoted in Forbes Asia

Sports Book Lounges Could Bring New Life to Macau Casinos; Asia Can Save Daily Fantasy Sports

Macau is the undisputed global casino capital, but one staple of the Las Vegas Strip is absent, besides the sequined, feathered showgirl.  Macau has no sports betting lounges in its casinos.  That’s the result of a quirk in the law that the government seems in no hurry to fix.  At the cutting edge of sports wagering thanks to another legal quirk, Daily Fantasy Sports betting is coming under siege in the US.  but Macau and the rest of Asia could become the natural spot for DFS to continue its extraordinary growth run.

Sports Book Lounges Could Bring New Life to Macau Casinos

Andrew Klebanow quoted in Asian Gaming Magazine

Betting Slip

by Muhammad Cohen

The sports wagering world is changing fast.  Several US states are looking into legalizing sports betting potentially breaking the last wagering monopoly of Nevada, where the sports book lounge – with TV monitors showing contests in progress and wagering by handheld devices – has become as much a Las Vegas staple as the sequined showgirl.

Betting Slip

William Bryson quoted in Melco Crown Article

Melco Crown Wins First Round in Taiwan Bank Violation Case

By Martin John Williams in Taipei

10/23/15

Melco Crown Entertainment subsidiary MCE international and four current and former employees have been acquitted of violating Taiwanese banking and currency exchange laws.

Melco Crown Wins First Round In Taiwan Bank Violation Case

Andrew Klebanow quoted in GGR Asia magazine

Gaming ops interested in casino at Laguna resort: GMA

A number of international gaming operators have shown interest in running a casino planned for the second phase of Vietnam’s Laguna Lang Co beach resort, said Andrew Klebanow of Global Market Advisors, LLC (GMA), a firm advising on the procurement process.

Gaming ops interested in casino at Laguna resort: GMA

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