October 2017

IN FOCUS:  New skills for millenials

MACAU: Hato highlights infrastructure woes

KOREA: Jeju advances

PHILIPPINES: Exploring entertainment options

JAPAN: Leadership for locals?

Casinos appear to be struggling to appeal to the next generation of gambler, with slots in particular looking tired to the younger audience. So could skill-based games be the answer, or will the savvy millennial gamer quickly see the odds are still stacked in favor of the house?

Technology is changing the way that people gamble, in terms of their gambling experience, how they interact with operators in venues and online, and how gambling operators and regulators monitor and respond to customers. From a regulatory and corporate social responsibility perspective, it is important to clarify the risks associated with new technology, and how this can be used to minimize and prevent the experience of gambling-related harms.

Bitcoin has regularly made the headlines in recent months, its price surging towards the $5,000 mark - four to five times its value at the start of 2017 - predominantly driven by interest in Asia.

Aristocrat Leisure recently snapped up social games developer Plarium for $500 million, but what exactly is the appeal of acquiring a studio that creates strategy/ role-playing game (RPG) titles for a very different player demographic to social casino gamers?

Vietnam’s casinos and slot parlors are likely generating between $800 million to $1.2 billion in annual gross gambling revenue, although a long-awaited locals program may be too timid to provide much of a further boost.

Australia-listed Donaco International has been revamping its marketing strategy and changing the junket mix again at its Star Vegas property after assuming full management control in July.

Hong Kong-listed Imperial Pacific International says construction work at its delayed casino resort on the Pacific island of Saipan is now on track and it expects the labor issues that have dogged the project to be resolved soon.

Australian operators are concerned that a point of consumption tax introduced in South Australia may go national, which they say could potentially render the wagering industry unprofitable.

An increase in spending on pokies in New Zealand’s clubs and bars, despite a shrinking number of venues, has baffled industry regulators.

The Russian gambling zone of Primorye, which has not been developing as fast as anticipated, is stepping up its efforts to attract more investors as part of an ambitious plan to almost treble visitor numbers by 2025.

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