Veteran I-Banker Greg Porto Part I: Raising the Next Round

Veteran I-Banker Greg Porto Part I: Raising the Next Round

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Macau Hosts G2E Asia

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Macau is the world’s new gaming haven. So, it is but obvious that this former Portuguese colony was the one to recently host the Global Gaming Expo Asia (G2E Asia). The event got together hundreds of manufacturers, suppliers, industry experts and investors at Macau’s Cotai Strip Convention and Exhibition Centre earlier this month. G2E Asia is the biggest and most important gaming tradeshow and conference in Asia. It attracts anyone and everyone having some connection with the gaming industry as well as private investors, analysts, stockbrokers and venture capitalists. Apart from offering an opportunity to learn about the latest trends in and prospects of the Asian gaming industry as well as the expansion plans of various companies, G2E Asia also provides a platform for exchanging ideas and networking.

G2E Asia made its debut in June 2007 and is to be held every year in Macau. The event is organized by Global Gaming Expo (G2E), which acquired the Asian Gaming Expo from the Australasian Gaming Machine Manufacturers Association (AGMMA) a little over a year back. Global Gaming Expo, a joint venture between the American Gaming Association (AGA) and Reed Exhibitions, has been hosting a gaming tradeshow in Las Vegas every year since 2001.

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The small island called Macau has made significant progress over the past few years and has raked in massive foreign investment. And the prospects remain bright. G2E Asia recently surveyed people with expertise in the Asian gaming markets, including gaming industry executives, academics and analysts. According to the Future Watch Survey, the largest category of respondents expects Macau to deliver “explosive growth in gaming revenue” for the next 3 to 5 years. When asked whether they expected Macau to be surpassed in terms of gaming revenue in 10 years from now, the answer from the respondents was a unanimous “No.”

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