Global Market Advisors: Economic Research

Andrew Klebanow quoted in Forbes Asia

Sports Book Lounges Could Bring New Life to Macau Casinos; Asia Can Save Daily Fantasy Sports

Macau is the undisputed global casino capital, but one staple of the Las Vegas Strip is absent, besides the sequined, feathered showgirl.  Macau has no sports betting lounges in its casinos.  That’s the result of a quirk in the law that the government seems in no hurry to fix.  At the cutting edge of sports wagering thanks to another legal quirk, Daily Fantasy Sports betting is coming under siege in the US.  but Macau and the rest of Asia could become the natural spot for DFS to continue its extraordinary growth run.

Sports Book Lounges Could Bring New Life to Macau Casinos

Andrew Klebanow quoted in Asian Gaming Magazine

Betting Slip

by Muhammad Cohen

The sports wagering world is changing fast.  Several US states are looking into legalizing sports betting potentially breaking the last wagering monopoly of Nevada, where the sports book lounge – with TV monitors showing contests in progress and wagering by handheld devices – has become as much a Las Vegas staple as the sequined showgirl.

Betting Slip

Steve Gallaway quoted in GGR Asia

Millennials and casinos: bridging the generation gap

Millennials – one of the largest demographic groupings in human history – are moving into their prime spending years.  This generation, defined as people born between 1980 and 2000 are already influencing the way products and services are consumed, and their influence is likely to grow. Thus, it is forcing companies to examine how they conduct business and how they can bridge the generation gap.

Millennials and casinos: bridging the generation gap

Politics, public opinion and China – factors shaping Taiwan’s casino policy

Politics, public opinion and China – factors shaping Taiwan’s casino policy

Asian Lawyer Magazine

by William Bryson

Domestic politics, public opinion and cross-straits relations may all play a part as the island debates moves to allow a casino industry on its outlying islands. Bill Bryson, a senior advisor at Global Market Advisors, outlines some of the risks and mitigating factors.

Politics, public opinion and China – factors shaping Taiwan’s casino policy

Andrew Klebanow and Steve Gallaway quoted in Global Gaming Business Magazine

Slot Floor Exodus

by Frank Legato

Global Gaming Business Magazine

Ten years ago, few questioned how operators managed the industry’s cash cow, the slot floor.  Over the past couple of years, though, the cow has become a lot harder to milk, and what was once unthinkable is now one of the few things on which everyone agrees: Everywhere you look, slot revenues are down.

Slot Floor Exodus

Andrew Klebanow quoted in Forbes

Macau Peninsula, Cotai A Tale of Two Cities For Urban Casino Integration

by Muhammad Cohen

Forbes

Casinos in cities should connect with their surroundings and can lead their enormous visitor pull to spur urban revival, Global Market Advisors partner, Andrew Klebanow says in a thoughtful and timely paper, Casinos and the City, that he presented recently in Beijing.  While downtown Macau (or “the peninsula”) is an archetype for successful integration of casinos into the cityscape – just count the number of pawn shops – Cotai has gone a different way.

Macau Peninsula, Cotai A Tale of Two Cities for Urban Casino Integration

Steve Gallaway quoted in Global Gaming Business Magazine

Labor Pains

By James Rutherford

Global Gaming Business Magazine

On May 1, Macau’s casino workers kicked off another dismal month for gaming revenues by taking to the city’s ancient streets to demand pay raises and limits on the employment of migrants, and an end to workplace disciplinary policies they fear have been introduced to cover for a troubled industry looking to cut its losses by cutting jobs.

Labor Pains