Tag: Global Market Advisors

With industry commentators raising concerns about the high bar represented by the $1bn potential investment combined with the city’s tax rate, MGM and Wynn Resorts have already opted to pass on Chicago’s request for proposals process.

Ho-Chunk Inc. subsidiary WarHorse Gaming Omaha has applied for tax increment financing for its $220m Horsemen’s Park redevelopment.

Red Rock Resorts has confirmed it will begin work on its long-awaited South Durango Drive casino in Las Vegas early next year.

Amid the ongoing coronavirus crisis, local governments are pushing forward with the necessary groundwork to make a bid for one of Japan’s first three integrated licences, with Wakayama prefecture announcing the launch its RFP process at the end of March.

Casino Review caught up with Steve Gallaway, managing partner at Global Market Advisers, to discuss the opportunities and challenges facing US tribal gaming sector..

Steve Gallaway, managing partner at Global Market Advisors, explains that to be successful in a bid for a Japanese IR licence, foreign operators will need to undertake multiple partnerships, working both with local companies as part of consortium, in addition to regional governments. Casino Review: Following the passage of the IR Implementation Bill, what kind of timescale are we looking...

Sources in the Japanese government suggest that it’s likely to be August at the earliest before a steering body publishes the outline of the Integrated Resorts (IR) Implementation Bill.   Government sources have suggested that it is likely to be August at the earliest before a steering body made up of Japanese cabinet ministers makes public the outline of the Integrated...

Global Market Advisors has confirmed its commitment to enhancing focus on Indian Gaming by appointing Erika Meeske Rafferty as VP of Native American Gaming.   The leading consultancy firm serving the casino industry, GMA (Global Market Advisors), has enhanced its focus on Indian Gaming with the appointment of a new Vice President of Native American Gaming for the company. Erika Meeske Rafferty,...

Vietnam’s ruling Communist Party has decided against lifting its long-standing ban on locals visiting the country’s 30 casinos, potentially snuffing out hopes for the region as the next casino hub.   In its latest draft decree, Vietnam’s Ministry of Finance confirmed this week that casinos will still not be permitted to take wagers from anyone without a foreign passport. The announcement not...

Shaun McCamley of consultancy Global Market Advisors maintains that Macau’s operators need to “think outside the box” or face continued frustration on the Cotai Strip.   With the announcement that gaming revenue had actually climbed (albeit marginally) in Macau last month – a two-year slump of consecutive decline for the city’s casino trade finally came to an end. At least on paper,...