Just a quick glance at this year’s roster of “25 People to Watch” will demonstrate how much change is coming to the gaming industry in 2015. As usual, the list is packed with accomplished people who have already been recognized as important members of the industry, making their mark, influencing others and building constituencies.
Global Gaming Business Magazine 25 People to Watch in 2015
Read More
Economic Woes Fail to Dampen Enthusiasm for Russia’s Far East
Russia’s crashing ruble, falling oil prices and an almost doubling in capital outflows, have done little to dampen enthusiasm for two upcoming casino projects in Russia’s Far East, with experts saying the current economic woes will have little impact on their longer-term viability.
Economic Woes Fail to Dampen Enthusiasm for Russia’s Far East – Asia Gambling Brief
Read More
Vietnam Reviews Ban on Locals in Casinos
by Tan Hui Yee
Singapore Strait Times
Mr. Vu Van Quang is 29 years old and works as a project manager in Ho Chi Minh City. On most weekends though, he can be found at Le Macau casino in the Cambodian border town of Bavet.
Vietnam Reviews Ban on Locals in Casinos
Read More
The Gold Coast’s increasing focus on the Chinese tourism market will be essential to the success of a proposed $7.5 billion Broadwater development, according to an independent US based analyst. Global Market Advisors has been hired by ASF Consortium to provide a feasibility study on the city and the potential for its controversial cruise ship and integrated resort proposal.
Global Market Advisors (GMA), a leading consulting firm to the casino gaming, hotel and airline industries, announced today the opening of its Asia regional office. GMA’s new office is located in the central business district of Bangkok, Thailand and will support clients located in the Asian region in advisory areas such as financial feasibility reports, marketing strategies, and government relations for companies in the casino gaming, hospitality, airlines, and financial industries.
Mining Millennials
by Marjorie Preston
Global Gaming Business Magazine
Gambling first became legal in Nevada in 1931, but slots have been around a lot longer than that. The original modern-style slot machine, the Liberty Bell, was introduced way back in 1899. Invented by a San Francisco auto mechanic named Charles Fey, it had three spinning reels with diamond, spade, and heart symbols, plus the image of a cracked Liberty Bell.
Read More
GGR Asia
The two new gambling zones on the Black Sea coast approved by Russia will not divert investors from Vladivostok in the Russian Far East, a market that targets Chinese high rollers, Global Market Advisors LLC partner Steve Gallaway says.
Gambling in Crimea, Sochi, No Threat to Vladivostok
Read More
GGR Asia
Russia’s State Duma passed a new law on Friday, July 4, allowing the establishment of gambling zones in Crimea and Sochi, Russian newspaper St. Petersburg Times reports.
Russian Parliament Approves Crimea, Sochi Gambling Zones
Read MoreJonathan Galaviz, Partner at Global Market Advisors, says China Eastern’s move is in line with Beijing’s view that the future growth of avaiation lies with budget travelers.
Read More
Regional U.S. gaming markets continue to see month-over-month declines in gaming revenues. Analysts tend to blame the weather, the economy, market saturation, increased competition in neighboring states, and of course, Obama for this decline.
What has yet to be cited is that the gaming entertainment experience has fundamentally changed over the past few years, and many casinos no longer deliver the experiences that players have been used to historically.
Read the full article in Global Gaming Business Magazine
Read More