Macau is looking set to record its lowest revenue growth percentage since July 2009 as high stakes gamblers continue to desert the enclave. Mass-market visitors are flocking to the region regardless and, although the gain in revenue might be small, it’s still likely to be the second largest ever. All this has done is tempt other countries into implementing their own casino business strategies in order to try and grab a piece of the market.
Russia were the latest to announce their ambition to enter the market at this year’s G2E Asia conference and Japan, Vietnam and Korea are all looking to join the party. To get a better understanding of where the next boom-town will be we asked our readers “Which ‘new’ Asian location has the best chance of success?”.
Coming out on top of the pile with over a third of the vote was Japan on 34 percent. The country is supposed be deciding the who, what, when, where and how on their casino market this week. There’s only one day left lads! Kazuo Okada is also likely to have some say in the market but that’s of course if it opens.
Lagging close behind them with 29 percent is Vietnam. The country is close in proximity to China and has already got a detailed strategy as far as casinos are concerned. Officials visited Singapore to take a peek at their resorts last month and still intend to ban foreigners from entering their venues. To Cambodia it is then.
The newest entrant into the race, Russia, received 20 percent with at least a few of you confident it will be a success. Of the four they’ve arguably given the more detailed plan of action and if they get sorted soon they could grab some valuable ground on the others.
Wooden spoon this week goes to Korea with 17 percent of the poll. Their market is already struggling with the defection of VIPs to other places and readers obviously think a lot needs to the done to improve their market.
For this week’s question we ask which gaming industry firm has made the best moves in the youthful social gambling industry.