Comentários

    Macau Tourism Study Pinpoints Nine Key Non-Gaming Features That Attract Visitors

    Macau Tourism Study Pinpoints Nine Key Non-Gaming Features That Attract Visitors

    Macau Tourism Study Pinpoints Nine Key Non-Gaming Features That Attract Visitors

    Macau tourism numbers are up through the initial quarter of 2017, and that is continued good news carrying out a slight bounce in visitor arrivals during the previous year.

    Macau tourism is once again bustling, but the city is now less reliant on gambling, as destinations like Wynn Palace’s SkyCab pull in new travelers.

    China’s gambling friendly area is experiencing a comeback of sorts after President Xi Jinping initiated a corruption crusade in 2014 that targeted VIP touring businesses that had been catering to the mainland’s wealthy. The government alleged that high rollers were using Macau and junket operators to maneuver money out from the nation’s heavily taxed control.

    With tens of billions of bucks invested, casino companies had to quickly rethink their marketing strategies. Today, resorts are offering attractions that interest a wider demographic than merely Asia’s elite. And so far, it’s working.

    The Macao Government Tourist workplace expects visitor arrivals to grow five percent in 2017, an increase that is substantial to your 0.8 % ‘upswing’ the city experienced in 2016.

    Keys to Attraction

    A new study from a Macau University video gaming researcher has identified nine crucial non-gaming facets being enticing people to travel to the enclave, as well as perhaps moreover, keeping them coming right back.

    In a paper titled ‘Play, Shop, Eat, Drink, Reward, Play: Repeat,’ University of Macau Assistant Professor of Hospitality and Gaming Glenn McCartney states his polling has found most young adults are coming to the town for much more than the gambling that is widespread.

    Asian gaming media outlet GGRAsia, which has seen McCartney’s research, reveals the nine keys to visitor attraction and retention are the ease of getting to the resort, quality and cost of food and drink, home ambience, tax-free shopping, convenience, events and entertainment, and the supply of smoking rooms.

    ‘While gaming attractiveness stays central to resort that is integratedIR) success, within this the quality, range, and availability of certain non-gaming facets, staff service, and IR ambience can play a task in IR satisfaction, selection, and revisit,’ McCartney suggests, as reported by GGRAsia.

    Reimagining Macau

    McCartney compiled his information from polling 326 visitors to Macau. He’s expected to provide his findings in detail later this month in Indonesia at a seminar titled ‘The Future of Hospitality and Tourism: Opportunities and Challenges.’

    The professor has become an oracle of sorts on Macau’s economic vision.

    It had been a lot more than a year ago that McCartney was interviewed by Inside Asian Gaming and opined, ‘Gaming is very much the footprint of Macau. You’ll find nothing wrong with that, but the presssing issue is exactly how you then build around that gaming to attract other leisure and company portions.’

    ‘I’m not optimistic until we remove the hurdles to diversification,’ he proceeded. ‘ One of them is branding, which is paramount for the method that you identify a destination.’

    Since that interview, Macau conglomerates have revealed new focuses.

    The Parisian, one of this newest properties to open on the Cotai Strip, opens its webpage advertising ‘Thriller Live,’ a musical concert based on Michael Jackson. The same does work for Wynn Palace, which displays its water fountain ‘Performance Lake’ on its homepage before any amenities that are gaming-related.

    Pennsylvania Advances Online Gambling Bill, But Never Get Too Excited Yet

    The Pennsylvania Senate approved legislation that is landmark legalize online gambling Wednesday. And now the part that is hard begins.

    Just because the Pennsylvania Senate looks somewhat like a casino doesn’t mean they could actually send the House a law that allowed for online gambling with a tax rate that is attractive. (Image: state-capitols.org)

    The measure offered a bipartisan 38-12 vote. It marked the time that is first Senate had advanced any online gambling legislation. But the move that counts to numerous within the online gaming industry actually was a secondary idea, and small section of an even more gambling overhaul that is comprehensive.

    The legislature had been expected to go on gambling this week because of a Friday deadline handed down by the Pennsylvania Supreme Court to find a solution to their state’s ‘local share’ tax structure, which the court ruled unconstitutional this past year.

    In addressing that issue, which had the state improperly gathering $120 million per year by taxing casinos that are various different rates, lawmakers saw a chance to connect up numerous loose threads from different gambling proposals. That resulted in a more gambling that is comprehensive and expansion package to address growing budget shortfalls.

    Online Death and Taxes

    Additional gambling measures that the bill seeks to legalize include online tablet gaming at airports, online lottery ticket product sales, and daily fantasy sports, which would come with authorization for appropriate certification and regulation.

    The legislation additionally proposes a fix for the state’s local share assessment by changing it to a ten dollars million fee that is flat casinos must pay their host jurisdictions, in the place of a variable price related to slot revenues.

    The Senate formerly is more cautious about gambling expansion than your house. Last 12 months, a comparable package sailed through the House before dying in the Senate. The taxation rate for that plan ended up being set at 14 %.

    However, the 2017 bill in its present form calls 21 dukes casino sign up bonus for online gambling taxes to be set at 54 per cent, lots that most industry specialists say would would asphyxiate Pennsylvania’s online casino industry before it had even taken root. The proposed rate matches the state’s current 54 percent tax on land-based slots, which can be the highest within the US.

    House Cleansing

    The bill now heads towards the home to be amended and modified.

    On the web operators have said at that rate they’re not interested. But will they be bluffing? It might not matter.

    It sets the license fee at $10 million to operate internet slots and online peer-to-peer table games, such as poker as it stands. The tax rate for the poker portion of these gaming revenues could be set at a more practical 16 percent.

    Daily fantasy sports, meanwhile, would be regulated and taxed at 12 %, together with a 7.5 % licensing cost, by having a floor of $5,000 and a ceiling of $50,000.

    But because other elements of this bill have court purchase to get done, a likely possibility is that state lawmakers cut the online component moving forward if the numbers don’t mount up.

    Casinos Clamor to Reach Millennials, But Are They Even Worth your time and Effort?

    These days, there’s a lot of buzz about casino strategies for reaching the next generation of gamblers, millennials aged 21 to 34 at just about any gaming conference. Conventional wisdom says the demographic has small interest in slots or traditional games of chance. But that might be just because they have less disposable income to spend.

    Casino companies and gaming gear manufacturers are rushing to develop their strategies for connecting with Millennials. But is most of the fuss worth the reward that is potential? (Image: Vegas Seven)

    Executives from many entertainment that is leading hospitality corporations collected in New Jersey this week to discuss the problem at the East Coast Gaming Congress and NexGen Gaming Forum, held at the Harrah’s Waterfront Conference Center in Atlantic City.

    Representatives from Caesars Entertainment, 888, Rush Street Gaming, Gamblit Gaming, online casino computer software provider BetConstruct, gaming re payment solutions company Vantiv Entertainment, and dream sports startup SportAD were just a few who shared their insights with gaming colleagues from nearly 100 companies in the industry.

    Panels that revolved around strategies to reach millennials had titles such as, ‘E-Sports: just How Casinos Can Capitalize on this Major Opportunity,’ ‘Social/Mobile Gamers Are skill-based gaming machines the solution to attracting Millennials to the casino?’ ‘The Casino Floor of Tomorrow,’ and ‘Knowing Your Casino Players Today and Tomorrow.’

    The conference that is annual in professionals to tackle a wide range of emergent issues, from esports and day-to-day fantasy sports to public policy trends, technology, and regulation. But probably the most theme that is common the whole show was how casinos can charm to millennials, now considered something of a holy grail among untapped demographics.

    ‘All casinos, decade from now, will evolve and offer some type of interactive experiences,’ said Seth Schorr, Chairman associated with Grand Hotel and Casino in Downtown in vegas, to the Associated Press.

    Last fall, the William Hill sportsbook at the Downtown Grand became the initial in the US to take wagers on eSports. But being first hasn’t changed any fortunes yet.

    Skill Games Buzzkill

    Caesars Entertainment Senior Vice President Melissa Price confirmed this week what many already knew: millennials aren’t playing slot devices. But, she revealed, in addition they don’t seem to be playing the games created just for them either.

    Caesars was the first casino operator to partner with a video gaming machine company that is skill-based. The machines that are innovative extremely touted if they debuted in Atlantic City in November, and since have started appearing on other casino floors. But their initial reception is demonstrating to be largely a bust.

    Price revealed that 21 of the machines have been removed after they failed to build revenue that is adequate cover merchant expenses. ‘We all comprehended that people had been learning and experimenting,’ she said.

    Cashless Society

    The primary obstacle to connecting with this market may just come down to a matter of money while the gaming industry continues to search for millennials’ preferred gambling games of choice.

    The united states Census Bureau reports that the typical yearly income for someone involving the ages of 18 and 34 into the United States does not keep budgetary room to play around. The highest millennial earners live in Washington, DC, with an average salary that is annual of $40,000, and the lowest in Mississippi, making about $17,000. Teenagers in states such as Pennsylvania, Florida, California, Texas, and other states report typical salaries at less than $25,000.

    The low pay is roughly 20 percent not as much as just what Baby Boomers made at the age that is same. The data might provide at the least a hint as to why millennials appear averse to games of chance: they cannot afford the danger.

    Another potential link to millennial’s anti-gambling mindset is the fact that some believe the generation comes with an attitude of entitlement and privilege that doesn’t necessarily comport with concepts of risk and reward, let alone care-free fun.

    A recent report in Fortune said millennial workers expect to be complimented for an occurrence that is almost daily. ‘Appreciating great work has moved far beyond the traditional quarterly or performance review that is annual. It’s now anticipated in the future by means of frequent and spontaneous expressions of recognition,’ author David Stuart opined.

    That way of thinking could lead some to assume they’re too talented to check their luck on a slot machine, or too smart to imagine that ‘skill games’ provide them with a better possibility of beating the house.

    Rumors Suggest Iconic Bellagio Fountains Could Close

    Rumors recommend the famous Bellagio Fountains might be set to make method for something new, but MGM Resorts has denied the water that is iconic will near.

    MGM Resorts denies rumors that the iconic Bellagio Fountains are set to shut. (Image: Bellagio.com)

    May 22, the Las Vegas Review-Journal cited a ‘source’ that advised the famous fountains has been discussed by executives at MGM Resorts.

    Built by Steve Wynn and costing around $50 million, the fountains entertain tourists with a light and water show unlike any other.

    Icon Doesn’t Create Any Revenue

    However, according to the Review-Journal’s unnamed source, executives believe the real-estate would be worth more if it was in a state that is different. As it appears, the Bellagio Fountains don’t generate any revenue that is direct the hotel and casino.

    The rumor is that, this isn’t enough despite being a draw for thousands of tourists that eventually head into the venue and spend some dollars. In reality, some now believe that the attraction will be replaced for something that actually produces some cash.

    In light associated with the recent rumors, MGM Resorts issued a statement explaining that it doesn’t always have any ‘plans’ or ‘intention’ to ‘eliminate’ very recognizable landmarks in Vegas, more over, the globe.

    Review-Journal writer Robin Leach has pointed out that the statement doesn’t straight deny that talks have taken place. Removing the Bellagio Fountains would definitely be a move that is bold but change is something Vegas is becoming used to in the past few years.

    Another Las Vegas Poker Area Bites the Dust

    At the same time people have been speculating over the long run associated with Bellagio’s asset, the Luxor has informed employees that its poker room is going to be closing in June.

    In a note sent away to members of staff May 19, MGM officials confirmed that the poker that is nine-table would deal its land hand on June 18.

    The loss of another Vegas poker room takes the strip’s overall total down to 18. The closure of the Luxor’s room comes at time whenever poker revenue across the state appears to be slipping. Back in March 2017, Nevada earnings were down 1.3 percent to $6.1 million.

    Although strip poker space revenue between April 2016 and April 2017 ($77.6 million) was virtually unchanged through the past accounting duration, the entire feeling is the fact that the game is failing to cultivate revenue.

    Since the rumors regarding the Bellagio Fountains suggest, casino operators aren’t afraid to create changes that are significant a product is not doing well.

    Certainly, with Vegas still trying to get over its crash that is economic of, modification appears to be on the agenda more than ever.

    Appeals Court Halts Tribal Bingo and Slots on Martha’s Vineyard

    A federal court in Massachusetts this week ordered the Wampanoag Tribe of Gay Head to halt its plans for opening a tiny casino on Martha’s Vineyard. The ruling comes just over a month after the same court provided the tribe the go-ahead.

    Ron Rappaport, town counsel for Aquinnah on Martha’s Vineyard, wants the Supreme Court to think about community opposition before allowing a small casino to open regarding the island retreat that is tony. (Image: MVTimes)

    A six-judge panel from the very first Circuit Court of Appeals in Boston issued a ‘stay of mandate,’ which prevents the tribe from running any gambling facilities on Martha’s Vineyard for the next 90 days. This allows residents associated with the island, a famous summer playground for the wealthy, to petition the court to place a stop to the tribe’s plans.

    Ronald Rappaport, a lawyer for the island city of Aquinnah and the Gay Head Community Association, confirmed he would be filing a petition to have the Supreme Court to review the case before A august 8 deadline.

    Sovereign Cliffs

    The tribe, nonetheless, has claimed the petition will ‘continue to unjustly deprive the tribe of a desperately required source of government income,’ possibly equating to $400,000 30 days.

    The Wampanoag, which became a federally recognized tribe three decades ago, are trying to convert an unfinished, vacant community center in Aquinnah into an electronic bingo hall and slots parlor, with proceeds meant to support social programs and spur economic development for the tribe.

    In 2015, A us district judge ruled from the proposal, saying the Wampanoag failed to exercise adequate ‘governmental power’ over its tribal land to meet with the definition of the sovereign nation, as required by the 1988 Indian Gaming Regulatory Act’s (IGRA).

    The decision barred the tribe from opening any type of gaming center without approval from the town and community that is local. But that ruling was spectacularly and unanimously overturned last month by the Court of Appeals.

    Islander Appeal

    Town residents and officials contend the tribe forfeited its right to open a gaming facility in Aquinnah when a compact was signed by them in 1987, predating IGRA. The agreement supplied the tribe control over 485 acres of land, but required compliance with state and local regulations, including prohibitions against gambling.

    In April, the appellate court ruled that IGRA trumps that compact.

    ‘The town gets it backward,’ Judge Juan Torruella wrote in his ruling. ‘ The town now seeks to put this logic on its head by requiring the tribe’s government to be fully developed before the benefit can be had by it of gaming profits. This just isn’t what IGRA requires, nor is it our case legislation.’