Adam Steinberg of AM Steinberg Advisors catches up with Asia Gaming Brief Asia Editor Felix Ng, reflecting on his time spent in Cambodia as an advisor to the chief executive NagaCorp. Steinberg talks about the differences in culture and work ethic between the US and Cambodia, as well as the thinkings behind decisions made relating to online gaming and Japan.
FBM has been developing its slots offer over the last three years, with operations established in Europe and North America. The company is now accelerating its slots expansion campaign in Asia
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Sixteen Turkish nationals who are former workers of Imperial Pacific International, whose H-2B visas have already expired, have left the CNMI, even though the firm still owes them five months’ back pay.
Governor Ralph DLG Torres praises Imperial Pacific International’s decision to hire former Saipan senator Ray N. Yumul as its chief executive officer, saying it is “humbling” to have a CEO who is from the CNMI.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
