Hainan resorts make plans to add pseudo gaming floors

At least five Chinese-owned resorts in Hainan have been laying down plans to convert their ballrooms into pseudo gaming floors, Bloomberg reports.

According to people with direct knowledge of the plans, the gaming floors will allow players play with real money, but receive their winnings in the form of points which can be redeemed at shops, restaurants and hotels.

This is not the first time the so-called “Entertainment Bar” concept has been brought to Hainan.

In 2013, the Sanya Bay Mangrove Resort Hotel opened up the island’s first cashless casino, where guests could play games such as Baccarat and exchange their winnings for hotel rooms, electronics, and jewelry.

The operation was however shut down in 2014 as as local prosecutors accused the resort of breaking the law.

Only in December last year did a Hainan Court rule that the gaming operation wasn’t in breach of the law after all.

According to the unnamed sources, the resorts’ owners have already contacted suppliers of baccarat tables, and have drawn up blueprints converting their ballrooms into gaming floors. They have also held informal discussions with Hainan officials in recent months.  

However, it is currently unclear whether the regional and state authorities would allow such entertainment bars, or “cashless casinos” to exist.

“The government will face challenges to decide their attitude toward a gambling-themed model,” said Margaret Huang of Bloomberg.

“The balance between regulation and economic development is hard.”

“From our conversations with people on the ground, they are positively excited about the changes that appear to be coming through soon,” said Ben Lee, managing partner at consultancy IGamiX in a statement to Bloomberg.

Entertainment bars “would undoubtedly draw mainlanders who have never been overseas to try gaming,” he said. “We may see more interesting developments in the next five to ten years.”

SHARE
Previous articleMGM Resorts appoints Scott Butera to head interactive
Next articleFoxwoods Resorts announces passing of CEO Felix Rappaport

Related Articles

imperial casino

Poor regulation undermines CNMI gaming industry

“As soon as we catch up on our cash flow, we will also catch up on payroll,” a spokesperson for the casino resort in the Commonwealth of the Northern Mariana Islands told reporters.

Genting makes U.S. inroads

In 2018, on Genting Hong Kong’s 25th anniversary, President Colin Au summed up the company by saying, “We come from Malaysia, a small country, but we go out to the world. We open our eyes and learn new things.”
Vietnam Ha Long Bay

Slow but steady progress 

Vietnam’s gambling industry stayed largely out of the headlines in 2019, though projects have been inching their way forward, with the country’s largest resort to date scheduled to open in the first half of this year.

Twenty years of Macau’s unplanned miracle

Six gaming companies have transformed a sleepy colonial outpost into one of the richest cities in the world. But despite the vast wealth, infrastructure and social policies are still lagging.

Gaming to continue to drive Macau’s wealth

Twenty-nine years ago I visited Macau for the first time. It was a consolation day trip from Hong Kong for not being able to apply and obtain a visa to enter China in less than a week when I had only four days to spend.
Palazzo Las Vegas

Is LVS on an Asia acquisition trail?

Las Vegas Sands lobbed an “October surprise” into the world of the gaming industry, confirming it’s seeking buyers for its Nevada casinos, effectively leaving it as an Asia-only operator, with properties in Macau and Singapore.
Sihanoukville

Sihanoukville strives for mass market transformation

While it’s too early to say Cambodia’s coastal gambling hub has risen phoenix-like from the ashes, there are encouraging signs that Sihanoukville is serious about transforming into a mass market tourism destination, with a significant improvement in urban infrastructure.
Macau concessionaires safe – or are they?

Macau concessionaires safe – or are they?

The question of the fast-looming deadline for expiry for Macau’s gaming concessions was given a thorough airing by a panel of experts Thursday night, with the majority coming down in favour of the government deciding to maintain the status quo and number of operators.

Will to travel remains strong once safety policies in place

Mainland Chinese are still keen to travel despite the Covid-19 pandemic and Macau and Vietnam are likely to be the first destinations to benefit once travel restrictions are lifted and flights resume.

Experts to discuss recovery of Chinese tourism

Following a highly successful first installment of the AGB Webinar Series on April 9th, featuring Earle Hall on “Life After COVID-19”, Asia Gaming Brief is pleased to announce the second AGB Webinar. This time, we take a look at the roadmap to tourism recovery in Asia, particularly with the important Chinese tourism segment. Our panel […]