Fredric Gushin, managing director of Spectrum Gaming Group, talks with Asia Gaming Brief managing editor Sharon Singleton about the snail's pace of the regulatory process in Japan. He says the framework that has been put in place isn't ideal and some changes are needed to ensure an adequate return on the multi-billion dollar investments that are planned. 

Efforts to authorize integrated resorts in Japan will continue, even as Japan is dealing with a change of government and a global pandemic.

The Victorian royal commission has just been given more time and funding to examine Crown Resorts’ suitability to hold a license. This week, Crown has had to answer about its VIP practices, some of which led to the arrest of 19 staff in China in 2016.

Countries adopting a jurisdictional model to regulating online gambling are likely to account for two thirds of the total market within the next five years from just one third at present, forecasts Fred Gushin, managing director of Spectrum Gaming Group.

It had been anticipated that international VIP play from China, Taiwan, Hong Kong, and Korea would be major feeder markets for future Japanese IRs, but Fred Gushin and Paul Bromberg of the Spectrum Gaming Group tell us that there are now good reasons to reevaluate the earlier assessments.

The Legislative Assembly of Macau's approval of gaming credit legislation, which prohibits junkets from extending gaming credit, is viewed as a significant step towards aligning with public policy in China and Macau.

Taking into account the Asian gaming landscape and recent developments, Fredric Gushin, president and CEO of Spectrum Gaming Group, underscored the growing interest of Thai government officials in the remarkable economic success stories of Singapore and the Philippines.

Thailand's benefits loom closer on the horizon than Japan, says author of Japan Casino Uprising: Daniel Cheng. But the possible future gaming hub should not be discarded, despite being whittled down, as both its proximity to China and its large middle class make Japan a strong influence in the Asian gaming scene.

A “non-event” is how brokerage J.P. Morgan described Macau’s near-zero GGR for July, given the city remained isolated throughout.

It’s just a week now until the ASEAN Gaming Summit returns to the Philippines, which is expected to be one of Asia’s top performing jurisdictions with forecast gross gambling revenue of PHP65 billion ($1.15 billion).