Friday, March 29, 2024

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00:22:08

The Star situation “unimaginable”, CNY boosts Macau but not ASEAN: Ben Lee

The news that Australia’s The Star Entertainment is facing a second inquiry into whether its Sydney property can hold a casino license is “unimaginable”, considering the recent negotiations over duty rates, says expert Ben Lee.

Daily Asia Gaming eBrief: CNMI online gaming play is “desperate”: Ben Lee

The Commonwealth of the Northern Mariana Islands' (CNMI) latest move to legalize online gaming is just a "desperate attempt" to assuage the territory's financial woes, says expert Ben Lee. Due to the ongoing demise of Saipan's only IR property - Imperial Pacific International - the territory is now pulling out all the stops in an effort to raise funds. But worries compound over how legislation would be rolled out, and how comprehensive oversight can be.

CNMI proposal to legalize online gambling “another desperate attempt”: Ben Lee

The new proposal by the authorities in the Commonwealth of the Northern Mariana Islands (CNMI) to legalize online gambling “appears to be yet another desperate attempt to source new revenue for their pension black hole”, notes IGamiX Managing Partner Ben Lee.

Your Daily Asia Gaming eBrief: How China’s new criminal law affects Macau and its junkets – Ben Lee

The runway is finally clear for Crown Resorts to open up its Sydney gaming rooms after receiving in-principle approval from the NSW regulator yesterday.

Interview with Ben Lee: Digital yuan to drive growth explosion in Macau

Ben Lee, managing partner of iGamiX Management & Consulting speaks with Asia Gaming Brief Managing Editor Sharon Singleton about how China’s new criminal law may affect Macau and its junkets. He also talks about the increasing chatter about the introduction of a digital yuan in Macau, which could trigger explosive growth in casino revenue.

Ben Lee sees solution for Macau diversification in digital yuan [Podcast]

Ben Lee suggests that Macau might switch over its local economy, including its massive casinos, away from the Pataca or Hong Kong Dollar to the Digital Yuan. He sees this as an “elegant solution” for many of Macau’s economic challenges, and one that still leaves important roles for the junket industry as well.
00:06:29

Pronet Gaming keen on the Philippines: CEO Alex Leese

Pronet Gaming's CEO is bullish on the Philippines, as the country provides the opportunities and talent pool best suited for its Asian expansion. Alex Leese says the group is actively recruiting in the region, and aims to use the ASEAN Gaming Summit as a springboard for its regional efforts, leveraging the panels and networking opportunities of the unique event.

Galaxy Hotel awarded EarthCheck Benchmarked Silver Certification

Recently, Galaxy Hotel received Silver Certification from EarthCheck – the world’s leading benchmarking certification and advisory group for the travel and tourism industry.

Macau stocks gain as analysts and investors cheer benign gaming law, though satellites lose out

Investors and analysts have welcomed the amendments to Macau’s gaming law, which proved to be far less draconian than feared for the six operators, but which appear to sound the death knell for satellite casinos.

Vietnam’s new decree a sign of a central regulator to come: Lee

Vietnam new decree aimed at regulating “prize-winning electronic games” is unlikely to have any significant impact on casino and integrated resort operators in Vietnam, though it does potentially pave the path for a central gaming regulator, according to Ben Lee, managing partner of IGamix Management and Consulting.