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Articles

May 2013

Indian Gaming 2013 Indicates A Bright Future

For many of us living and working in places where spring has not quite come around, it was ideal that the Indian Gaming 2013 trade show was in warm, sunny Phoenix. NIGA Executive Director Jason Giles conveyed his pleasure at the beautiful weather. “A lot of folks came out here escaping snow storms,” he shared. “Folks were really happy to come out to Phoenix where there was 80-plus degree weather every day.” But of course this was not the only attraction.

May 2013

Gambling and the Law ®: Culture Clash

It is not easy to do business in Asia. Or in the United States. This is especially true of heavily regulated businesses, like legal gaming. And the problems are compounded when an individual who is a product of one culture wants to expand into a foreign market. Sometimes, the barriers are structural. How, for example, do you prove your financial purity to a Nevada regulator when you operate in a country in Asia where you cannot easily get access to your own bank records?

May 2013

Phoenix Trade Show Reflects Indian Gaming’s Strength

The National Indian Gaming Association (NIGA) wrapped up another successful trade show and convention—Indian Gaming 2013—that took place in Phoenix. Each year, our trade show highlights the advancements in the Indian gaming industry, and more importantly, it is our opportunity to bring tribal leadership together to continue the dialogue on the critical issues that face NIGA’s member tribes. Despite stiff economic headwinds, it was with great pride...

May 2013

Regulation of Integrated Resorts in Singapore

While gaming (including lottery and sports betting products) has been permitted in Singapore for more than 40 years, casinos have only recently been permitted to operate in Singapore in accordance with the Casino Control Act (Chapter 33A) Singapore. The Casino Control Act was passed in 2006 and limits the number of casinos operating in Singapore to two, at least until April 2017 when the period for the restriction of two casinos under the act expires...

May 2013

The Godfather’s Top 10 Candidate Mistakes, Part II

Greetings from the Godfather! This article contains the second half of my top 10 list of mistakes candidates make that keep them from landing a new job. The first of this series was published in the March 2013 issue of CEM. For the last eight years, I have owned an executive recruiting company focused on gaming/casinos and high tech. In my experience, 80 percent of candidates don’t get the job offer simply because they don’t understand the interviewing and hiring process...

May 2013

AGEM Index

The AGEM Index increased 4.33 points, or 3 percent, in March 2013 to a composite score of 151.01. The latest performance represents the second month-over-month increase in 2013 and follows the modest 0.7 percent decline witnessed in February. Compared to the same period of the prior year, the AGEM Index remains up 12.3 percent, or 16.48 points. The index reached its highest level since early 2008. The majority (13 of 17) of global gaming operators...

May 2013

Union Gaming Analytics Operator Index

The UGA Index for the period ending March 31, 2013, was up 15.5 percent sequentially to 238.0 from 206.1 on Feb. 28, 2013. As an illustrative example, if an investor bought $100,000 of the index on Feb. 28, 2013, the investment would hypothetically be worth $115,479 on March 31, 2013. Note, however, that the UGA Index has been compiled for illustrative purposes only and is not being offered as an investment vehicle by Union Gaming Analytics or any affiliated entities.

May 2013

New Class II, May 2013

This month's new Class II games include: Bally Technologies—Michael Jackson King of Pop™, Cadillac Jack—Lucky Panda™, Diamond Game—Red Hot Lotto™, IGT—Midnight Eclipse™ Bingo, Multimedia Games Inc.—Green Thumb™, Rocket Gaming Systems—Cash Cow 2: Milking Vegas™, Video Gaming Technologies Inc.—Planetary Pigs™ and WMS—G+® Deluxe—City of Angels™.

May 2013

New Table Games & Gear, May 2013

New gaming products for table games and gear include Genesis Interactive Technologies—BRAVO™ 100% Plastic Poker Cards and SHFL entertainment—Crazy 4 Poker®.

May 2013

Aruze Gaming Soaring into Success

Aruze Gaming America CEO Richard Pennington relishes the opportunity to talk about what makes this nimble gaming development firm tick. “We want to pack as much entertainment into an hour’s worth of play as we can, so we do an awful lot in terms of trying to appeal to all the senses and to give the player an experience that he or she is not going to get with the competitors’ machines,” Pennington said, sitting at a large table in the boardroom of the company’s Las Vegas headquarters.