WELCOME TO
Casinowebscripts

LOADING WEBSITE... PLEASE WAIT


- START YOUR ONLINE CASINO IN 24 HOURS -
- 0% MONTHLY FEES -

- CUSTOM DEVELOPMENT AVAILABLE -


News

US Casino Operators Target Asia as Top Destination for Investment

18 June 2014

A recent study conducted by CIT Group has revealed that entrepreneurs who want to start land based casinos are looking toward destinations in Asia for investing in this type of business venture.

Macau, the gambling mecca of Asia, has already succeeded in surpassing Las Vegas in terms of gaming revenue, but operators are also looking to invest in destinations such as South Korea, the Philippines, Japan, Vietnam or Singapore.

Taking into consideration that the US land-based gaming industry is already fully saturated, entrepreneurs are looking for profitable opportunities in the Asian market. It has been reported that US operators who want to start land based casinos are starting to face a lot of pressure from the competition.  Even so, gaming companies are still continuing to provide gambling solutions for US residents, which results in an expansion of the industry that increases the competition even more.

The study also revealed that gaming is becoming more important to states, considering that revenue streams and budgets are becoming tighter. Operators who started land based casinos in the past, and became part of the traditional gaming market, are now starting to lose exclusivity within their markets.

For example, Pennsylvania’s new brick-and-mortar casinos are becoming the main competition for Connecticut casinos, which feel pressured by the new investments in neighboring states. More than that, the recession has also pushed mass market casino customers to gamble less.

Like so, operators who are looking to start land based casinos are considering moving their businesses to Asian destinations. Macau, which is the current top Asian gambling location for high rollers, is expected to open up more to middle-class players in the years to come. More than that, Japan is about to pass legislation that would legalize land-based gaming in the country.

18 June 2014

Top Articles

23 February 2024

As a casino operator, you're always looking for ways to keep your players engaged and loyal. Enter gamification: a strategy that brings the engaging elements of video games into the online casino world. Think of it like...

25 October 2023

In the ever-evolving landscape of online gaming and entertainment, the demand for innovative and captivating sweepstakes social casino solutions continues to grow. While the United States has witnessed a burgeoning interest...

1 February 2023

Creating an online casino and starting a business in the iGaming industry is a great option for entrepreneurs who are interested in making a successful investment. The constantly-growing casino market is tempting, mostly...

21 June 2020

What is a payout percentage? Return to player or payout represents the percentage of the total bet amount that the casino has returned to the players, as wins. The value displayed on our website and inside our games...

10 February 2018

The first step towards starting an online casino which operates with real money is obtaining an online casino license. The products that we sell might require a casino/gambling license depending on the jurisdiction in which...

26 January 2018

Being considered just a virtual-world currency and not being legally recognized as a real money currency by any state in the world is the biggest advantage of Bitcoin. Using it as a currency for your casino and accepting...

20 May 2011

Guide about how to start your online casino website now Using our products, you get the opportunity to start your online casino website in 24 hours, without having to pay any monthly fees (you get to keep 100% of...