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MESSAGE 3

Strong and steady

A

s the year draws to a close and one of the last events

Cambodia, both of whom are reviewing their gaming regulations

in the gaming calendar opens its doors, AGB takes

and set to announce updates imminently. Two IRs in Vietnam

stock of the most significant developments in the

will be allowed to offer gaming to locals, subject to various

region throughout the past year.

restrictions, though whether this will prove a game-changer

Giving the keynote address at the MGS Entertainment Show

is yet to be seen.

conference, DICJ director, Paulo Martins Chan, will be sharing

Both jurisdictions are also expected to overhaul their sports

the Macao SAR Government’s continuing efforts to achieve its

betting and online gaming regulations, which will hopefully give

goal of becoming a “World Tourism and Leisure Centre”, with

regional operators clear guidelines for operating and provide

diversity and sustainable growth the key message.

some protection against unlawful operators.

Recent GGR figures from the SAR seem to point to a steadying

Authorities in India are saying that the only real way to curb

of the ship and calmer waters. New supply that has come online

India’s massive illegal gambling market is to provide a legal

in Macau appears to be finally helping to boost monthly revenue

framework. Sikkim and Nagaland have recently permitted online

after two years of declines. However it is difficult to accurately

gambling and, to add to the mix, the Supreme Court has ruled

forecast what lies ahead, particularly in light of China’s recent

that games of skill, such as rummy, are permitted, so change

crackdown on alleged illegal marketing activities of Australian

is on the way, albeit in a piecemeal way.

operator, Crown.

The Philippines is another jurisdiction that is seeing a shake-up

Increasing the proportion of non-gaming revenues is still the

in gaming laws and regulations, with Pagcor emerging as a new

mantra in Macau, and other planned regional developments

licensor of online gaming, and preparing to divest itself of its

seem keen to be ahead of the game when it comes to providing a

casino assets in order to move towards a sole role of regulator.

diversified offering. Mohegan Sun’s planned resort in Incheon,

Other small (in comparison) jurisdictions to watch include Nepal

Seoul, will include a modern sports and entertainment arena,

and Saipan, the former counting on the swelling numbers of

state-of-the art theme park and entertainment district,

middle-class gamblers from neighboring India and the latter

historical centers that pay tribute to the Native American and

seeing soaring VIP rolling chip revenue and bookings ahead

Korean culture, as well as a range of dining, retail, nightlife,

of the official opening of the Imperial Pacific Resort & Hotel

healthy and beauty services.

in early 2017.

If Japan surprises everybody and finally passes its “Casino

In keeping with the theme of trends, our focus articles this edition

Bill” in this Diet session, we are sure to start seeing designs

concentrate on current directions of electronic gaming in terms

for some of the most extravagant casino resorts in the region.

of design and platforms, RNG or online slots, and poker in Asia.

Some experts are saying that the likelihood of the bill passing

AGB is a proud industry partner of MGS, and will be hosting

is near 100 percent, though this might be a foolish bet given

the Official MGS Networking Party on Tuesday 15 November

the track record so far.

at China Rouge. We look forward to seeing you at the show!

Rosalind Wade

Luis Pereira

Russia’s gaming zones are also hotting up. Hong Kong-listed NagaCorp is to start construction of its gaming facility in Primorye

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in November this year. The project will include hotel facilities,

Asia Gaming Brief

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along with a casino and a water park. Meanwhile, Summit Ascent’s Tigre de Cristal resort, which opened in Primorye a

On behalf of Asia Gaming Brief

year ago, has seen increasing visitation and rolling volumes.

Rosalind Wade & Luis Pereira

Two of the biggest stories at the moment are Vietnam and

PUBLISHERS

www.agbrief.com NOVEMBER 2016 EDITION SERIES II • ISSUE X

PUBLISHED BY BLUE SKY VENTURE LTD. 16/F China Law Building, 409 Av. da Praia Grande Macau SAR | P.O. Box 1139 t. +853 2871 7267 f. +853 2871 7264 e. enquiries@agbrief.com ADVERTISING ENQUIRIES advertising@agbrief.com SUBSCRIPTION ENQUIRIES memberships@agbrief.com EDITORIAL ENQUIRIES editorial@agbrief.com

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Asia Gaming Briefings | November 2016


AGBriefings November 2016