Tag: Shaun McCamley

Proxy betting gives remote players a legitimate way to play across a wide range of SouthEast Asian markets, writes Shaun McCamley, managing..

Shaun McCamley, Partner at Global Market Advisors LLC and Head of Asia Operations, discusses the growing significance of proxy betting revenues for Asia’s grey markets.   Proxy betting is booming in Asia’s grey markets, with live streaming of table games thought to be pulling in a chunk of Macau’s missing VIP billions. In early 2016, industry analysts estimated that proxy betting’s contribution...

Casinos across Southeast Asia are benefiting from Macau’s crackdown on proxy betting.   A minor regulation banning the use of mobile phones at VIP tables in Macau is already having a positive effect on revenues in Southeast Asia’s underdog casinos. The reason is proxy betting. In its simplest form, proxy betting involves one person somewhere outside a casino giving betting instructions to...

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,...