There’s a reason part of the name of the this magazine is “global.” When we first published Global Gaming Business in 2002, we recognized that the casino industry was truly worldwide. Since that time, the international aspect of the gaming industry has grown by leaps and bounds, and we’re trying to stay ahead of the developments.
Just in the last two months, I’ve visited two continents: Asia and South America. And there are no two regions in the world where gaming is growing more quickly.
Take the case for Asia. We all know the Macau story: little gaming backwater outside of Hong Kong, reclaimed by China in 2000, casino licenses expanded, casino construction explodes resulting in a booming economy.
But, of course, it doesn’t stop there. Singapore last year completed a very deliberate, rational and complete bidding process for two licenses. With Sands Las Vegas and Genting chosen as the two developers, the leaders of Singapore have guaranteed that their nation will remain competitive in the tourism landscape that is Asia.
Singapore has set the bar high for the other nations in Asia hoping to join the roll of gaming jurisdictions. Taiwan is also taking a deliberative process and hoping to reach a consensus on how to move forward. Japan is also beginning its preliminary examinations on how to join the gaming industry, again, using a process that will be inclusive of all possible participants. Thailand also seems on the verge of legalization, although nothing has yet been mentioned officially.
In South America, several governments have begun to recognize that gaming can be more than simply a grey area activity that can generate taxes, infrastructure improvement, jobs and all the things that more developed companies have understood for years. Chile, Peru, Mexico and other countries are slowly expanding their gaming industries, while even mature markets like Argentina and Panama are making changes that permit expansion of existing facilties and construction of new ones.
The excitement of casino entertainment is becoming a recognized, viable industry all around the world. The objections to gaming are falling like dominos as people understand that the vast majority of people enjoy the activity and there are few negative consequences in jurisdictions where regulations are reasonable, taxes are fair and the approach to the industry is enlightened.
This month in Las Vegas, G2E will demonstrate just how the international sector is growing. Many more exhibitors and attendees will travel to Las Vegas than ever before to attend G2E and learn about the products, services and information that will be on display on the exhibit floor and in the corridors of the conference.
At Global Gaming Business, we are committed to offering you the best information on how gaming is developing around the world. We’ll explain the legal and political realities in countries where gaming exists or is being contemplated. We’ll discuss the structure and potential for the industry on different continents. And we’ll provide solid information that will make your job easier and more understandable.
And remember, Global Gaming Business is much more than just a monthly magazine. Global Gaming Business Weekly is the way to keep up to date every Monday when you’ll find the newsletter on your desktop in a printable PDF format. Global Gaming Business Weekly puts you on the cutting edge of gaming information.
And our quarterly supplements—Tribal Government Gaming, Casino Design, G2E Preview and our new RD&E: Retail Dining and Entertainment—provide you with the in-depth information you need to make decisions in a variety of special niches of the gaming industry.
So join us on our trips around the world and keep up with what’s new in the gaming industry—all under the Global Gaming Business umbrella. And don’t forget to stop by and say hello at G2E. We’re in booth 320 and offer a great place to relax for a few minutes before you continue on your way.