2015 Predictions

    Published in: Latest IntelligenceStephen Karoul, President & CEO, Euro-Asia ConsultingMany of us casino executives are old enough to remember the lyrics of Bob Dylan’s famous song titled “The Times They Are A-Changin.” Nothing could be more true today than relating that to the casino industry. I don’t have a crystal ball but my gut feeling tells me that we can expect to see some industry-wide changes that will begin in 2015 but also continue into the future. 1. China’s economy is slowing down just like the rest of the world. Its leaders sat back and witnessed phenomenal growth in Macau as a result of casino gaming. Therefore, I believe that it may be possible to see a change in attitude where the China government may look to capitalize on the opportunity and open a second gaming zone either in the North or possibly on Hainan Island so they may benefit...

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