Hard Rock Launches Hard Rock Japan
Hard Rock International has confirmed the launch of Hard Rock Japan and the appointment of Edward Tracy as chief executive officer of the new division
Edward Tracy’s appointment as CEO Hard Rock Japan is a strategic move designed to support the company’s growth plans in the region
JAPAN CASINO LICENCES
Hard Rock International has confirmed the launch of Hard Rock Japan and the appointment of Edward Tracy as chief executive officer of the company’s new division.
Mr. Tracy’s recent appointment is a strategic move designed to support the company’s growth plans in the region.
Hard Rock is no stranger to Japan with more than 30 years of experience in the country – opening its first Japanese cafe in Tokyo with long-time partner, WDI Group, in 1983. With six Hard Rock Cafe locations currently in operation, in addition to 24 hotels and 11 casinos around the world, Hard Rock showcases its proven track record of developing and managing distinguished entertainment and hospitality venues. With the recent passing of Japan’s Integrated Resorts Promotion Bill, the company fully intends to apply this expertise and recognition as a major contender among the bidders for resort licenses.
“As the former CEO of Sands China Ltd and CEO of the Trump Organization, Tracy brings more
Cambodia
Cambodian casinos on the Vietnamese border have already been beset by closures as they face the upcoming challenges of competition from across the border and a stricter tax regime at home. Gambling operators in Bavet City, which sits on the Vietnamese border in Svay Rieng province, have long catered to customers traveling from Vietnam, where gambling has been largely prohibited for Vietnamese citizens under a strict gambling law. Te decision by the Vietnamese government to soften the law and allow for the establishment of casinos that cater to higher-end domestic clientele has put even greater pressure on operators. Already in the pipeline, one casino is planned on the southern resort island of Phu Quoc. Cambodian casinos also face disruption at home as the government is expected to pass an amended gambling law later this year increasing tax revenues and capital requirements.
than 30 years of proven gaming, hospitality and integrated resort experience to Hard Rock,” states Jim Allen chairman of Hard Rock International. “We are confident in Tracy’s ability to lead the company’s efforts in Japan and we look forward to seeing our business continue to grow under his leadership.”
Edward Tracy joined Sands China Ltd, a subsidiary of Las Vegas Sands Corp., in July 2010 as its president and chief operating officer, becoming the company CEO in July 2011. He was responsible for the oversight of the country’s largest integrated resort operator by revenue, capacity and content, with 13,000 hotels rooms and 30,000 team members. In October 2014, Harvard Business Review named Mr. Tracy as one of “Te Best-Performing CEOs in the World” in its respected annual top 100 ranking. Prior to Sands, Mr. Tracy served as president and CEO of Capital Gaming, a multi-jurisdictional manager of regional casinos. He also served as president and CEO of the Trump Organization, where he was responsible for managing over 12,500 employees, 3,000 luxury hotel rooms and 240,000 square feet of casino space.
Silver Heritage’s Tiger Palaceset to open March 1
Nepal
Silver Heritage Group has said it will open the Tiger Palace Resort Casino in Nepal at the start of March. Te Australia- listed casino operator planned to hold a soft opening in February, but said it was ‘encountering temporary unexpected delays’ citing a ‘shortage of liquidity in Nepal’s banking system.’
Te new venue will boast a 26,600sq.ft. casino with 52 gaming tables and 200 slots as well as conference hall, meeting rooms, retail and various food and beverage outlets. Te resort will also include a 400 room hotel.
Last July, Silver Heritage raised $18.8 m through an initial public offering (IPO). It is planning to open two other
casinos at the Indian border. It has appointed Jason Turnbull as General Manager of Operations Finance at the new resort. Formerly Senior Finance Operations Manager and GM Finance at Jupiters Hotel & Casino from 2007 to 2015 and former SVP Finance at Grand Ho Tram in Vietnam from 2015 to 2016, he brings over nine years of casino finance and operations experience in senior management roles at Casino Resorts in Australia and Vietnam.
Enrico Dovadola has been appointed as Casino Manager of Tiger Palace Resort. Formerly VP Casino Operations at MGM Macau, VP Table Games at Melco-Crown, and most recently Director of Gaming Operations at Grand Ho Tram in Vietnam, he brings over 18 years of casino operations experience in senior management roles at Casino Resorts in Australia, Macau, and Vietnam.
NEW ZEALAND – NYX Gaming has entered into a new contract with New Zealand Racing Board (NZRB) for the detailed design phase of its new Fixed Odds Betting (FOB) platform project.
OpenBet, as the wholly owned sportsbook division of NYX, will work with NZRB to automate and enhance its largely manual fixed odds betting business. The partnership will allow NZRB to meet ever-increasing customer demand and better compete with international wagering organisations through the creation of an omni-channel player account.
It is a key part of NZRB’s wider strategic plan to increase distribution to the industry and build a long-term sustainable future for racing and sports in New Zealand. NZRB’s Statement of Intent for 2017-19 anticipates that the FOB platform alone will add at least $17-19 million in annualised profit per year, once implemented.
The OpenBet product was selected after the completion of a competitive tender process and chosen for its demonstrable strengths in online, retail and mobile sport and in-play wagering. The working arrangement mirrors the successful deployment of the OpenBet platform in regulated markets around the globe.
Matt Davey, Group CEO NYX Gaming Group, commented: “Our proven record of accomplishment in delivering a comprehensive range of sportsbook solutions across a diverse range of market and regulatory conditions is simply unrivalled.
“We have the necessary blend of experience and expertise to positively influence the detailed design phase of NZRB’s fixed odds betting platform project.We are honoured to have been selected from what was a highly competitive tender process.”
ASIA – Betting technology provider BetConstruct has struck a deal with BBIN to provide the Asian iGaming software giant with its complete Sportsbook solution. “We are pleased to announce our partnership with BetConstruct in this important period for us - ICE Totally Gaming Exhibition and Chinese New Year,” commented BBIN Vice President Rick Lin. “Expanding into new markets is a priority for us and we are happy to start this journey with BetConstruct.”
BetConstruct Vice Chairman Harutyun Hambardzumyan commented on the announcement: “BBIN is a hugely successful company that doesn’t make decisions lightly. We are very happy to provide BBIN with custom Sportsbook that will allow them to deliver unrivalled player experience to their players.”
NEWSWIRE / INTERACTIVE /
247.COM P33 ASIA & OCEANIA
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