November 2016

Trends in Asian gaming - Game makers tweak offerings as mass market dominance grows 

MACAU: Location key to Cotai success

AUSTRALIA: China creates marketing migraine

PHILIPPINES: Pagcor asset opportunities

KOREA: Mohegan Sun shines spotlight on non-gaming

Casinos are reopening their doors under a new regulatory regime designed to bring the industry in line with international standards and attract greater foreign investment. 

Imperial Pacific International Holdings says it’s already accepting advance bookings from China and Japan for its new luxury resort scheduled to open on Saipan at Chinese New Year 2017. The company is counting on the new property to ease capacity restraints and unlock the island’s growth potential.

The arrest of 18 Crown Resorts employees accused of illegal marketing activities in mainland China is reverberating through the casino industry in Australia and New Zealand, as operators weigh the potential impact on their business.

The ruling Communist Party of Vietnam has recently made it clear that it supports the creation of a new gaming industry and will allow local Vietnamese to enter designated casinos on a trial basis. AGB spoke to Prof. Augustine Ha Ton Vinh about the new legislation during the East Meets West Regulators Summit in the Philippines in October. Vinh is a Vietnam gaming expert and Senior Advisor to the Van Don Special Economic Zone and Integrated Resorts. He was a guest speaker at the Summit.

Cambodia’s long-delayed draft gaming law has taken a step forward with a recent meeting between high-level members of the government and more than 100 members of the private sector. 

U.S. tribal operator Mohegan Sun says design and permitting for its $5 billion integrated resort in South Korea is proceeding at a rapid pace, and the project is currently on schedule to break ground in 2017 and open in early 2020.

After decades of stagnation and political infighting, Japanese legislators appear poised for another push to pass a bill to pave the way for legal casinos in one of Asia’s most promising markets.

Primorye, close to the port city of Vladivostok, is seen as the most promising of the zones given its proximity to northern China, as well as Korea and Japan. 

Calling it a “safer option” for gamblers, Singapore’s Ministry of Finance has relaxed rules on online gambling to allow the island’s two incumbent operators – Singapore Pools and Singapore Turf Club – to offer internet services.

Philippine President Rodrigo Duterte has made it clear he’s not concerned about rocking the boat. His actions since taking office have raised alarm bells across the globe due to his heavy-handed crackdown on the drug trade. While foreign investors are wary, some steps may prove positive for the gaming industry.