Your Daily Asia Gaming eBrief: A Star over the Gold Coast

Star-Gold-Coast

Good morning, 

Star Entertainment has given a vote of confidence to the potential of the Gold Coast’s tourism industry, pressing ahead with plans to build a A$400 million “Tower for Tourism” despite the Covid-19 crisis. Check out our feature below for more. Meanwhile, news from Saipan indicates that a former CNMI Senator is close to a deal on becoming the next CEO in Imperial Pacific International. Finally, our Nippon Weekly discusses Hokkaido Governor Naomichi Suzuki’s rejection of IR development in Japan’s first round of licensing, and how some city officials and other pro-IR elements have not been able to take “no” for an answer.

First, the news


What you need to know


Star gives vote of confidence to Gold Coast with new tower

Star Entertainment has given a vote of confidence to the potential of the Gold Coast’s tourism industry, pressing ahead with plans to build a A$400 million “Tower for Tourism” despite the Covid-19 crisis. The new development is expected to break ground in coming weeks and will comprise a 63-storey mixed use tower. Star said it’s currently in talks with an international five-star hotel brand for the tower, taking the total number of hotels at the IR to four. 

Star Gold Coast

IPI may hire former CNMI Senator as CEO

Imperial Pacific International has reportedly reached a verbal agreement with former CNMI Senator Ray N. Yumul to become its next CEO. Aside from his own political resume, Yumul is also the brother of House of Representatives floor leader Ralph N. Yumul (R-Saipan), chairman of the House Committee on Gaming in the previous 21st Legislature. Ray Yumul has remained coy about the prospect in public, only saying “we’ll see” and adding that his mind “is open to these discussions” when asked about it directly.

Insights


INDUSTRY VOICES

Tomakomai IR optimists see hopes dashed again

Hope springs eternal in the minds of Tomakomai IR advocates. The answer delivered from the lips of Hokkaido Governor Naomichi Suzuki keeps coming back “no,” but what seems to be delivered to their ears is “maybe soon.” It’s not too much to say that if Tomakomai had been allowed to move forward with its IR bid, it almost certainly would have been one of the three to obtain a license from the national government. But the Achilles heel of the Tomakomai bid was always located in the prefectural capital of Sapporo and in public opinion in the wider prefecture.

Tomakomai
Tomakomai (file)

Supplier Special

CPI: Ready for cashless gaming

With the landmark decision by the Nevada Gaming Commission to allow changes to regulations surrounding the electronic transfer of money to games and gaming devices, the gaming industry has reached a pivotal payment moment. In a space that has long been dominated by cash, how can operators prepare for the digital shift?

AGB Initiatives


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