Batumi, the Vegas of the Black Sea in Georgia, has 11 casinos, an attractive seaside plaza and big ambitions. (Photo credit: Muhammad Cohen)
As Asian gaming remains muted with its post-Covid prospects murky, the time seems ripe for integrated resorts in Europe. Hard Rock International, Melco Resorts and Cordish are developing IRs a decade after Sheldon Adelson proposed creating EuroVegas in Spain with multiple resorts, casinos, golf courses and thousands of hotel rooms.
VIP room in Casino International at the Batumi Hilton. (Photo provided by Casino International)
Europe already has hundreds of casinos, most catering to local markets, along with a handful of gaming destinations with wider reach. Batumi, Georgia’s Black Sea Vegas, drawing customers from neighboring Turkey and the Middle East, has attractive casinos in international branded hotels, dramatic surroundings, great food and wine, plus expansion ambitions.
The world’s most admired casino resort, seen from Gardens by the Bay. (Credit: Marina Bay Sands)
As Macau continues to struggle under the zero-Covid regime, Singapore icon Marina Bay Sands keeps driving Las Vegas Sands’ financial performance. In an exclusive interview, MBS chief operating officer Paul Town explains how the common interests and shared purpose of the resort and its Singapore host community key the integrated resort’s lasting success.
Osman Yousefzada speaking at the Ubud Writers and Readers Festival in Bali. (Photo credit:Ubud Writers & Readers Festival 2022)
“Reformed fashion designer” Osman Yousefzada writes about growing up in a Pakistani-Afghan family in Birmingham, England, in The Go-Between. “It’s not the typical immigrant story of having a business degree and becoming a taxi driver,” he explained at the Ubud Writers and Readers Festival in Bali. “My story is completely different.”
Yousefzada’s parents weren’t literate in any language and lived according to ancestral ultra conservative Muslim traditions. His sisters were taken out of school at age 10, and his mother hardly ever left the house, where she ran a small dressmaking business, grounding Yousefzada’s career in fashion. As he approached puberty, he was increasingly shut off from women in their community beyond his immediate family, “removing the color from my life.” His family’s community didn’t like his book: “They didn’t want to show themselves.”
Margaret Thatcher’s bare knuckle capitalism attacked Birmingham’s unionized industrial base and, with it, Yousefzada’s father’s livelihood. “What Thatcherism took away, the petrodollar and religiosity replaced,” Yousefzada says. “When my father came to the UK in the 1970s, he looked suave, a sort of Cary Grant. Then he changed his appearance.”
With manufacturing virtually extinct in the UK, fashion production now resides in places like Bangladesh. Yousefzada traveled there and recorded garment workers’ views of customers buying the clothing they produce. “They believed their customers ate only fruit,” and wore clothes two or three times then threw them away. Rather than the Western mythology that anybody can become president or millionaires, a seamstress told Yousefzada, “I can only dream as much as I can afford.”
Now more focused on visual and performance art, Yousefzada approached fashion as an exercise in anthropology “about costume and space.” Making space for one’s self is a recurring theme with Yousefzada. “There’s a tug of war with myself: what do I want to call myself. I’ve settled as artist and writer.” Based on his Ubud events and The Go-Between, that seems to be a good fit.
Las Vegas Sands founder Sheldon Adelson and wife Dr Miriam Adelson (center) at the April 2012 opening of Sands Cotai Central in Macau, with then Macau Chief Executive Fernando Chui Sai-on (left) and then Las Vegas Sands president and chief operating officer Michael Leven.
Lisboeta in Cotai recreates highlights of casino mogul Stanley Ho’s salad days in1960s Macau. (Image provided by Lisboeta)
People go to Macau to see replicas of Venice, Paris and London. With Lisboeta, Angela Leong is betting tourists will come to see Macau, more specifically, the Macau of her late husband and casino kingpin Stanley Ho. The resort stakes her family’s claim as proud heirs to Ho’s gaming legacy.
Hokkaido is among leading Japan tourist destinations that chose not to seek a casino resort. (Photo credit: Japan National Tourism Organization)
Prime Minister Shinzo Abe proposed casino legalization for Japan in 2013, prompting unprecedented excitement among gaming companies across the globe. After a nearly a decade of delays, diffidence and grassroots dissent, Japan has two bids for three licenses, with leading casino companies and top tourist destinations, including Tokyo and Hokkaido island, choosing to pass. Across the board efforts to curb Japan casino enthusiasm have been breathtaking.
The listed arm of Suncity owns 34% of central Vietnam beachfront resort Hoiana. (Photo provided by Hoiana)
Once dominant in Macau’s junket business, Suncity has fallen on hard times. Founder Alvin Chau’s late November arrest toppled its junket business and nearly that entire segment of the Macau gaming economy. Last week, the non-junket listed arm of Suncity reported a US$83 million loss in 2021, casting “significant doubt on the group’s ability to continue as a going concern.”
Amid the devastation, Vietnam beachfront casino resort Hoiana should prove Suncity’s lasting positive legacy. The listed side of Suncity owns 34% of Hoiana, a US$4 billion project soft opened in June 2020, 15 minutes drive from Hoi An, a UNESCO World Heritage site. As travel restrictions ease across Asia, Hoiana appears poised for success, whatever happens with Suncity.
With high rollers increasingly scarce, Las Vegas Sands subsidiary Sands China is betting that fake London, alongside fake Venice and Paris, will bring in crowds . (Photo provided by Sands China)
Mainland high rollers can still gamble millions in Macau. Without junkets, though, they’ll have to find their own means to skirt China’s currency controls. And they’ll know exactly how Beijing feels about their activities.
Muhammad Cohen 