Sheldon Adelson – The Man, The Entrepreneur

Sheldon Adelson – The Man, The Entrepreneur

Posted by: on Apr 4, 2014 | No Comments

With Forbes estimating his net worth as $39 billion in January 2014, Sheldon Adelson is undoubtedly the most successful entrepreneur the casino industry has ever seen. A college dropout, who went on to become a self-made multibillionaire, Adelson is also known for his philanthropic pursuits.

Stanley Ho – The Man Who Transforms Dreams into Reality

Stanley Ho – The Man Who Transforms Dreams into Reality

Posted by: on Jan 10, 2014 | 2 Comments

He is 91, and is called the casino mogul of Macau, an administrative region of the People’s Republic of China. Stanley Ho Hung-sun, the man who fought all odds, survived a family bankruptcy and war, now called as the richest person in Macau. It is estimated that, this university dropout now owns enterprises that employ almost one fourth of the workforce of Macau.

Gaming Trends & Casino Industry Predictions for 2013

Gaming Trends & Casino Industry Predictions for 2013

Posted by: on Mar 1, 2013 | One Comment

A look at the overall trends in the casino industry for this year does not throw too many surprises at us. The gaming centers in Asia-Pacific continue to represent the present and the future of gambling – worldwide.

Some of the Best Casinos Across the Globe

Some of the Best Casinos Across the Globe

Posted by: on Oct 30, 2012 | One Comment

Prior to the worldwide economic downturn, the global casino industry was surging ahead, seemingly unstoppable. Growth records were set between 2004 and 2008, with gross gaming revenues jumping 24% during these four years to US$358.0 billion.

Singapore – The Perfect Counterpart to Macau

Posted by: on Sep 4, 2012 | No Comments

Despite being around for merely a couple of years and with barely two casinos, the revenues of Singapore’s gaming industry are set to surpass the revenues of the Las Vegas Strip. Hard to believe, but true!

When the Singapore government, known for its stringent legal and moral conduct, issued licenses to a couple of casinos in 2010, it took the world by surprise. The initial idea was to enhance the experience of tourists and provide them with a wide range of entertainment options and services. The strategy was to boost the tourism of the island.

Macau’s Casino Industry: Driving the Economy!

Posted by: on Aug 17, 2012 | One Comment

When it surpassed Las Vegas as the world’s biggest gambling industry in 2006, that too by a huge margin (more than 5 times the revenue of Las Vegas), it left everyone amazed. And since then Macau’s gaming industry hasn’t looked back.

With a land area of 29 sq kms, Macau’s natural environment lacks major resources like forests or woodlands, arable land and pastures. This makes Macau’s its economy largely dependent on the service industry, of which a large share of the inflows is generated by the tourism and gaming industries.

Asian Casino Industry: A Good Bet?

Posted by: on Jun 30, 2012 | No Comments

Despite most countries across the globe struggling to emerge from depression and financial crisis, the Asian casino industry has something to cheer about and celebrate. The gambling industry is severely impacted by any slump in the economy. The reason is that gambling revenues are totally driven by consumer spending behaviours, which in turn is dependent heavily on disposable income. While the casino industry has been hit by the economic downturn, the projections for Asia are far from dismal.

Gambler’s Paradise: Top Casinos You Can Bet Your Money On

Posted by: on Jun 18, 2012 | No Comments

The thrill of legal gambling is known only to a select few. Moreover, a lot depends on the atmosphere of the casino, as it takes gamblers to an exalted state of mind. I will tell you about the top three casinos of the world that you definitely cannot afford to give a miss in this lifetime.

Swindlers Target Asian Casinos

Posted by: on Jun 8, 2012 | No Comments

Asian casinos are the new target of cheats who leave no stone unturned to take the gambling world by surprise. Casinos in Asia generate billions of dollars each year and are, thus, an obvious target of cheats. Moreover, in a clear trend, the gaming industry in the Western world is stagnating, while in Asia casinos are generating impressive growth.

How Vegas Got Blackjacked At its Own Game

Posted by: on Apr 18, 2012 | One Comment

You may not believe it, but it’s actually true! Macau has long overtaken Vegas as the premier gambling destination of the world. And the lead it enjoys over its American sister is not thin. According to Macau’s Gaming Inspection and Coordination Bureau, the gaming revenues generated by Macau casinos were a staggering $33.5 billion in 2011; that’s Vegas’ revenues rolled five times over! Gambling was always associated with Nevada. Macau wasn’t even in the scene till the turn of this millennium. How did Macau do it then?