Fredric Gushin founded Spectrum Gaming Group in 1993 after working 13 years for the New Jersey Division of Gaming Enforcement, where he was promoted to Assistant Director and Assistant Attorney General. At the DGE, Gushin oversaw the openings of 12 Atlantic City casino hotels and managed civil and administrative litigation before the New Jersey Casino Control Commission. He personally argued more than 50 cases before the Commission. As Assistant Director and Assistant Attorney General of New Jersey’s Division of Gaming Enforcement, he oversaw all compliance related issues regarding New Jersey’s multibillion-dollar gaming industry including security and surveillance, development and compliance with accounting and internal control procedures and anti-money laundering compliance.Gushin has worked with a variety of private-sector and governmental clients since founding Spectrum. He has advised private casino developers on operational and management issues and provided gaming expertise to a number of gaming jurisdictions over the years.Gushin has worked with private sector clients throughout the United States, the Caribbean, South America, Asia and Europe on a wide range of issues. Gushin has been working in Asia since 1991. With Spectrum, Gushin has led engagements evaluating casino operations for compliance (including AML Compliance) for private sector and governmental clients for over 30 years. He is a former US Treasury Interim Advisor. Additionally, while serving as Assistant Director for New Jersey’s Division of Gaming Enforcement, he worked on a task force to implement amendments to the Bank Secrecy Act when it determined that casinos were considered financial institutions in 1986 to 1988. In Asia, Spectrum has worked for governmental and private sector clients in Singapore, the Philippines, Cambodia, Vietnam, Myanmar, Japan, Korea, Saipan and Tinian,Gushin received his BA from the American University School of Government and Public Administration in 1970, his Juris Doctorate from Rutgers University in 1973, and his Masters from American University in 1979.
There’s growing concern that China may launch a crackdown on the streaming of casino games into the country next year, potentially dealing a major blow to the booming industry in the Philippines and Cambodia.
It’s 15 years since Macau flung open its arms to international gaming companies and major US operators wasted little time heading to the Far East to plant their flags firmly in the ground. US and Australian interests have dominated casino investment across Asia, with the Europeans notably absent, however, with Japan planning to open the market, there are signs that may be about to change.