News

Article by Andrew Klebanow Published in Indian Gaming Magazine

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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Global Market Advisors’ Research Brief quoted in GGR Asia

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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Global Market Advisors’ Research Brief quoted in Asia Gaming Brief Magazine

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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Brendan Bussmann quoted on SportsHandle.com

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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Brendan Bussmann quoted on Sportshandle.com

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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Andrew Klebanow quoted in Forbes

Donaco’s Casino Gamble In Cambodia Gets Messier, Yet Still Pays Off

by Muhammad Cohen

Australia-listed Donaco International, owner of border casinos in Cambodia and Vietnam, remains immersed in legal proceedings with its biggest individual shareholder, who doubles as its top competitor.  Donaco shares traded over A$1.50 in March 2014 (then US$1.37) and near A$0.70 when it acquired its main asset, Star Vegas in Poipet, but currently languish below A$0.10 (now US$0.07). Australian regulators have seized shares that Donaco’s biggest institutional shareholder, Orchard Capital Partners Asia, didn’t obtain through a loan default by Joey Lim, who cofounded Donaco with his grandfather, Genting Group found Lim Goh Tong.  The elder Lim envisioned Donacao taking on projects that were too small for Genting, but probably never expected a deal this complicated.

 

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Brendan Bussmann mentioned in Games Magazine Brazil

International conference ‘Gambling & Risk Taking’ analyzes market situation in Brazil

The 17th International Conference on Gambling & Risk is being held this week (may 27th – 30th) at the Caesars Hotel in Las Vegas with more than 600 guests from 35 countries.  The event, that takes place every three years, includes three panels dedicated to the Brazilian market with the presence of Itamar Pereira (SECAP) and representatives of Posivtivo, Sao Paulo and Parana Universities.

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John English quoted on CalvinAyre.com

John English: We want Asian operators in the US

The spread of sports betting in the U.S. could mean big business for a lot of operators, but the question is who’s willing to go through the rigorous process required to enter the market.  To help break down the situation, CalvinAyre.com’s Stephanie Tower spoke with a veteran of the industry, Managing Director of Sports Betting and Technology at Global Market Advisors John English.

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