Fred Gushin
1 POSTS0 COMMENTS
http://www.spectrumgaming.com/Fredric Gushin is Managing Director of Spectrum Gaming Group, an international gaming consultancy. Spectrum is US-based and provides a wide range of services to a variety of governmental and private sector clients. Gushin has managed Spectrum’s engagements throughout Asia and Australia.
LATEST NEWS
POGO shuttering proving successful, only 100 POGO hubs being monitored: PAOCC
The Philippines’ efforts to eliminate Philippine Offshore Gaming Operators (POGOs) are proving successful, with only 100 POGO hubs being monitored.
Suspicious Transaction Reports by Macau gaming operators down in 3Q24
The number of Suspicious Transaction Reports (STRs) filed by gaming operators in Macau in the third quarter of the year fell to 860, the lowest quarter of the year so far.
Genting Bahamas operator being sued $600M by stakeholder for alleged fraud
A stakeholder in Genting-operated Resorts World Bimini, in the Bahamas, is seeking damages in excess of $600 million.
Blackstone injected nearly $340M into Crown in 2023: report
The Blackstone Group reportedly injected nearly AU$500 million ($337 million) into Crown Resorts in 2023 following its significant penalties for breaking anti-money laundering and counter-terrorism financing (AML/CTF) legislation.
Macau gaming tax reaches $8.31B in 9-month period
Macau's gaming tax revenue reached just under MOP66.40 billion ($8.31 billion) in the first nine months of this year, surpassing the full-year total of MOP65.26 billion collected in 2023, according to official data.
Suntrust appoints IGT as gaming contractor for Westside City project
Suntrust has appointed IGT as the contractor for its Westside City project in Manila, which is scheduled to open in the first quarter of 2025.
Underground Poker den raided in Pattaya, nine foreigners arrested
Thai police in Pattaya raided an illegal poker game in Nong Prue last Wednesday, arresting nine foreign nationals in the process.
Among them were three...
Philippine authorities nab 38 foreign nationals in suspected Cebu POGO operation
Authorities in Cebu arrested 38 undocumented foreigners, believed to be Chinese nationals, during a raid on a suspected Philippine Offshore Gaming Operator (POGO) facility in Barangay Saavedra, Moalboal.
Philippine Senator warns local government units: no tolerance for POGOs
Senator Sherwin Gatchalian has issued a warning to local government units (LGUs) in the Philippines, urging them to take note of the recent suspension of Porac, Pampanga officials by the Office of the Ombudsman.
Alleged POGO criminal network leader Lyu Dong arrested in the Philippines
In a major operation on Thursday, October 10th, authorities in the Philippines arrested Chinese national Lyu Dong, a key figure behind illegal Philippine Offshore Gaming Operators (POGOs).
Sam Hou Fai elected as Macau next Chief Executive
Former judge Sam Hou Fai has been elected as the Chief Executive of Macau, securing an overwhelming 394 out of 398 votes cast in the election held on Sunday.
Queensland’s September gaming tally up 7.7% yearly
The September gaming results in the Australian state of Queensland showed an increase of 7.7 percent compared to the previous year. However, there was a marginal decline of 10 percent from the record figures of August 2024, according to data from Wohlsen Consulting.
SJM’s Kam Pek Market food stalls to open before 2025 CNY
Macau gaming operator SJM Resorts has announced that the Kam Pek Market is set to open between mid-December 2024 and the Chinese New Year in 2025.
Philippine Government steps up POGO ban, closure by year-end
The Philippines' newly appointed Interior Secretary, Jonvic Remulla, has committed to ensuring the complete shutdown of all Philippine Offshore Gaming Operators (POGOs) by year-end.
Fortune recognizes Pansy Ho and Linda Chen among Asia’s most powerful women
Pansy Ho of MGM China and Linda Chen from Wynn Macau, two influential women in Macau’s gaming industry, have been named in Fortune’s 2024 “Most Powerful Women in Asia” list.
South Korea’s Kangwon Land adjusts strategy to a global integrated resort
Kangwon Land, the South Korean operator of a casino and resort complex in Gangwon Province, announced plans earlier this year to evolve into a global integrated resort (IR), focusing on enhancing its non-gaming facilities.
Asia Pioneer Entertainment appoints Maria Garcia to the Board of Directors
Asia Pioneer Entertainment Holdings Limited (APE) has announced that Ms. Maria Garcia was appointed as APE’s first female Director since the company's listing on the Hong Kong Stock Exchange in 2017, with effect from 30 September 2024.
China’s travel bookings during Golden Week reached an all-time high: Trip.com
Despite a softening economy, the online travel agency giant Trip.com Group reported that the daily order volume for both inbound and outbound travel during the October Golden Week exceeded that of 2019, reaching an all-time high.
Developers to add more than 40K new hotel rooms to Philippines tourist market – Property agency
Private sector hotel developers have committed to 158 new accommodation projects across the Philippines, adding a total of 40,084 rooms, according to the latest market report by Leechiu Property Consultants (LPC)
Thailand’s Tourism Minister urges business support for country’s entertainment complex
Thailand’s Tourism Minister Sorawong Thienthong is seeking the backing of business leaders to help move forward the country's plans for a multi-faceted entertainment complex.
TOP AUTHORS
Macau gaming faces regulatory uncertainty under new leadership: Bank of America
Macau's gaming industry is closely monitoring how the new leadership will influence policies affecting the sector, as Bank of America notes that "a key unknown for the sector remains the regulatory climate under a new Chief Executive.”
