“If you’re an investor looking for a wall of worry to climb—or to jump from—note that September marks the 26th month of Macau’s current recovery, matching the length of the previous devastating downturn.”—Muhammad Cohen, Forbes, who says investors should basically relax about Macau’s ongoing recovery
“That certainly had quite a severe impact for the first few months. For up to six months, a lot of our players didn’t come down and gamble.”—Ben Reichel, executive director, Donaco International, on the drop of visitation by Thai gamblers to Cambodian casinos following the 2016 death of King Bhumibol Adulyadej
“It will be very difficult to put a number on how many jobs can be created by legalizing sports betting in India, however, to put things in perspective, one of the existing lottery operators, which has businesses in many states in India, has created 300,000-plus jobs in one state alone.”—Jaydeep Chakravartty, commercial director, Ingenuity Gaming, on the potential value of legal sports bets in India
“Yumeshima Island is quite safe. It has quite a high ground level.”—Ichiro Matsui, governor of Osaka, Japan, easing fears that typhoons could impact the 2025 World Expo—or hurt a casino in Osaka Prefecture
“It’d make a sales tax blush with its regressivity. So, is it smart for us to fund our government with the folks that we’re giving money to help? No.”—Rob Kohler, lobbyist for General Baptist Convention of Texas, who opposes sports betting in the Lone Star State
“This is a tremendous blow to our tribe without whom America’s earliest settlers would not have survived and it should also alarm tribal nations all across Indian Country. We implore Congress to act now.”—Cedric Cromwell, chairman of the Mashpee Wampanoag tribe, who land into trust process was reversed last week by the Department of the Interior
“It is not the role of the U.S. Congress to overrule the decision of a federal judge through legislation. In fact, it violates separation of powers.”—Bill Carpenter, mayor of Brockton, Massachusetts, questioning a bill in Congress that would put land into trust for the Mashpee Wampanoag tribe, overturning a previous ruling by a federal judge
“The Tribe is effectively stripped of important “reliance interests” that will affect the social service programs it provides to its citizens, as well as the economic development ventures (including gaming) that the Tribe relies on to support critical tribal government functions and provide job opportunities to its people.”— National Congress of American Indians (NCAI) reacting to a decision by the Interior Department reversing a previous action putting land for the Mashpee Wampanoag tribe of Massachusetts into trust
