As operators around Asia vye for licenses in new markets, one corporate social responsibility expert suggests they should change their approach.
Jan Jones Blackhurst, executive vice president, public policy and corporate social responsibility, at Caesars Entertainment says not enough is being done to explain what an IR is and the benefits it can bring to society.
The focus has been on how much operators are willing to spend to enter the market, scaring consumers who don’t understand the concept and raising the potential for more stringent regulation to minimize harm.
Jones, who was also Las Vegas’ first female mayor, argues a CSR-led approach would not only help to mitigate some of these concerns, but is also good for business as a whole. This may prove to be particularly true in Japan.
“We get lost in the conversation about problem gambling. We are looking at programs that will help addictive behaviours, but what we...
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
PUBG will not be able to return to India until at least March 21 as the company has been unable to secure a meeting with government officials to discuss the situation. The game, which previously was distributed in India by Tencent, was one of more than 100 apps banned on national security grounds due to their links to China.
The long periods of business suspension and other restrictions on Kangwon Land related to the Covid-19 pandemic, pushing the firm into unaccustomed losses this year, is creating an even bigger financial crisis for its largest shareholder, the Mine Reclamation Corporation (Mireco).
Hyatt Hotels Corporation has announced the opening of the 1,600-room Grand Hyatt Jeju in South Korea, the largest Hyatt hotel in Asia Pacific. This hotel is part of the Jeju Dream Tower which opened on Friday.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.