Asia’s casinos bet $65bn on expansion despite China slowdown
by Eri Sugiura
The race to woo China’s gamblers is fueling an investment arms race in Asia’s casino industry, with planned spending on new and expansion projects projected to top $65 billion over the coming years.
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Proposed D.C. Sports Betting Regulations: No Betting On Local Colleges
by Jill R. Dorson
The D.C. Lottery on Friday posted its proposed sports betting regulations and if there is any news, it is this: Betting on D.C. college teams or events, in the District or out, would be prohibited. Whether or not college sports could be bet on was not addressed in the law.
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Genting Singapore spreads bets, targets Osaka IR bid
by Grace Leong
Genting Singapore has joined the race to secure a hotly contested gaming license at the proposed Osaka Integrated Resort (IR), as part of its diversification strategy for long-term growth.
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Americorp Investments And Arrow Gaming Expand Gaming Portfolios
Americorp Investments LLC, a company focused on acquiring, developing and commercializing innovative technologies for the gaming industry, announced today that it has been awarded an additional patent by the United States Patent Office. This patent is the 25th U.S. patent for gaming granted to Americorp or its affiliate Arrow Gaming. Americorp and Arrow also hold six gaming patents issued in Japan and the Philippines and have 37 gaming and related blockchain technology patents pending in the EPO and PCT countries and jurisdictions worldwide.
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Rethinking the Premium Players Lounge
by Andrew Klebanow
Premium player lounges have become a fixture in many casinos in North America. These lounges provide higher worth players with a place to take a break from the gaming floor, catch up on text messages, and sit in a relaxed, non-gaming environment. they also offer hosts a place to connect with their customers. At some properties, the lounge may provide players with some form of food offering, yet rarely, if ever have they been considered part of a casino’s food & beverage strategy. In fact, in most player lounges food is treated as an afterthought, usually comprised of packaged snack foods or some items from the central kitchen that, after sitting out for a couple of hours, have lost their gastronomic appeal.
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No Osaka IR by 2025 unless policy basics next year: GMA
A consulting firm says that unless the Japanese national authorities set out by the second quarter of 2020 the so-called basic policy regarding casino resorts, the city of Osaka might not be able to have its hoped-for casino resort by the time the World Expo opens there in 2025.
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Analysts believe first Japanese IRs will open in 2026
Despite Osaka’s strong desire to open its Yumeshima IR in 2024, before the World Expo, a new research brief from Global Market Advisors predicts that this timeline will now prove to be too ambitious, and in fact the first Japanese IRs will not able to open their doors before early 2026.
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New research brief claims Japan unlikely to realize first IRs until 2026
Recently revealed delays to Japan’s integrated resort legislative process are unlikely to be as long as first thought, but are nevertheless expected to push back the opening date of the nation’s first IR to 2026.
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Illinois Sports Betting Bill ‘Not The Best’
by Jill R. Dorson
If one thing is clear after a weekend of wheeling and dealing, Illinois lawmakers accomplished their main goal – to legalize sports betting. But as times wears on, the issue of how they legalized and how the industry will respond to a bill that is, in the words of one source, “not the best,” will come to light.
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Warts And All, IL Senate Passes Capital Bill With Sports Betting
by Jill R. Dorson
Less than 24 hours after the Illinois House approved a massive capital bill that includes sports betting, the Illinois Senate concurred Sunday, voting 46-10-2. During the discussion ahead of the vote on SB 690, it was clear that daily fantasy and online sportsbook operators are not happy with what sports betting will look like in the biggest market state to legalize this year.
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