Inside Asian Gaming
April 2016 inside asian gaming 11 Cover Story Here, we are very closely regulated, so the customers who are betting US$600,000 a hand know that the game is real, all the nines are in there. VEGAS SCHOOLED IAG: You see being part of the US as a competitive advantage? MB: I do. I went to a graduating class yesterday. UNLV [University of Nevada - Las Vegas] sent two experts here to train the CCC. So they trained their whole staff, a few of our compliance people, it’s like 40-something graduates. In a very short time they’re learning a lot. They want to do well; they want to learn. Were they local business owners before or farmers? Yeah, but they are very articulate, they want to do the right thing. They talked to Atlantic City, they talked to Vegas, they talked to Singapore, they talked to Australia and then they went and took two classes at UNLV and then they paid a lot of money for UNLV to come here and train them. IAG: So you’re comfortable, confident that you have 100% compliance? MB: We have a huge compliance committee, and we have people here that are on this every single day. We just hired a gentleman named Vic Choi, who was the head of compliance for HSBC in China for many years. He is with us now on the corporate level, based in Hong Kong but here now. I introduced him to the Casino Commission, and they love the fact that we have somebody of that caliber who is now heading up our compliance department. Yes, I’m very comfortable now with what’s happening. We have the right people in place. Everyone is fully aware, the cage, That’s why customers are coming from mainland China. There’s something about the US that makes everyone feels safe. Not only safe on the outside, but feel safe on the games. They know we are highly regulated, so it makes them feel comfortable … all the nines are in there.
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