China’s Middle Class Will Shape Asia’s Casino Industry

China’s Middle Class Will Shape Asia’s Casino Industry
May 8, 2018

China applies a heavy hand to their gambling industry, including limiting what is available and where. In a recent study, it was stated China’s middle class would start to shape the casino industry in Asia. It is an industry that was once full of VIP players and is now changing. Last month the news about leaving behind VIPs showed the swing toward middle-class gamblers. Tourism statistics are also being studied to determine if what is being seen in China and Asia is what is truly happening. According to outbound trips from China, there has been exponential growth. The scale of… Read More

Social Poker Apps in Trouble with China

Social Poker Apps in Trouble with China
April 24, 2018

While countries, such as Myanmar are becoming more open to casinos and gambling, China remains steadfast in what they will and will not allow. China is making it difficult for companies to open new casinos in Hainan, but also want the integrated resorts that are there to earn a high revenue. The government is also relaxing a little about Macau, which shows in the higher revenue. China is banning social poker apps, which is going to be felt throughout Asia. The ban will begin June 1st. Many of the online poker operators are gearing up for the full impact the… Read More