alking ahead of his body’s announcement on the theme and speaker line-up at this year’s conference at MGS, which will be held November 17-19, 2015 at the Venetian Macao, Cabot advises the industry it should expect “valuable discussions” on developing markets both in Macau and beyond into the Asian Pacific region as the Chinese government’s major investment program, One Belt One Road, kicks in.
Speaking to media in Las Vegas, Anthony Cabot, a partner at the influential legal firm Lewis Roca Rothgerber, discussed the direction of this year’s MGS summit. “We all want to hear about the challenges that other regions had during the period of maturation and whether those challenges are applicable to the situation in Macau,” said Cabot. “Those are the kinds of discussions that are most valuable.”
This year’s MGS conference delivers an almost perfect piece of timing for gaming and leisure executives from Asia and around the world. The Summit takes place in the centre of a region where fundamental changes are currently underway, not just in the opening up of new markets such as Cambodia and potentially Japan, but also through the Beijing-inspired One Belt One Road project, likely to transform the entire Asia Pacific region through a programme of vast investment in the infrastructures of key regional hubs.
“Macau is at the heart of this wave of development,” continued Cabot, “and this year’s Summit at the Macao Gaming Show will be a significant platform in exploring the ideas and concepts that will deliver increasing revenues and growth.”
Described by industry peers as the ‘absolute master’ of gaming law, Cabot has seen Macau’s influence swell internationally throughout his career. And as part of an expert advisory board line-up for the Macao Gaming Show’s annual summit, he sees the diverse international presence at the show as a rare opportunity to put this emerging market in context.
“There’s this interconnectivity between the markets that you just can’t ignore,” said Cabot. “Taking Nevada as an example, which is where I live and where I work out of, the expansion of the Asian gaming offer has had an enormous impact here. Our baccarat numbers have soared as a result of the interplay between customers coming to Macau and customers coming to the US.”
Having been at the forefront of interpreting and shaping Nevada’s own gaming law during a transitional time, Cabot is cautiously optimistic that discussions between thought leaders from the different markets can bring about fresh insights into Macau’s position.
“I’m most engaged when I go to a panel featuring speakers who know about Macau’s gaming economy alongside speakers from more mature markets,” concluded Cabot. “One of the things MGS does particularly well is that it gives a lot of time and effort to the quality of its presentations.”