You are here: Home › Nevada rolls out red carpet for Asian capital

Nevada rolls out red carpet for Asian capital

By Karl Cryer
-    Apr 04, 2016
Credit : GMI Post

Nevada is arguably best known for Las Vegas and its multibillion gaming industry, best embodied by its mega-complexes of hotels, resorts and casinos. Despite the billions of dollars generated by the city, the state of Nevada continues to diversify its economy by attracting investors from Asia and developing other growth centers around the state.

With the Executive Management team of Konami Gaming Inc.

One of the top five global players in its industry, Konami Gaming wanted to be at the center of it all. In 2005, the Osaka-based company built a new office and a gaming machines production facility in Las Vegas in line with its global expansion plans.

“Las Vegas is a good starting point. In this industry, regulations require a high level of investment. The U.S. market is the largest and we’re seeing the need to expanding it globally,” explained CEO Satoshi Sakamoto.

Satoshi said that in the last ten years, the gaming industry has changed a lot not only in terms of technology but also in popularity. Aside from Macau, long considered Asia’s gaming capital, the industry has experienced sharp growth in Singapore, Vietnam and the Philippines.

To consolidate its position, Konami realizes that it needs to work more closely with the head office in Japan and develop games that will appeal to a younger generation.

Reflecting the growth in gaming, tourism has experienced dynamic growth as a result. Passenger traffic at McCarran International Airport, just five miles outside Las Vegas, exceeded 45 million in 2015, up from nearly 43 million the previous year.

With McCarran International Airport Director of Aviation Rosemary Vassiliadis and Chief Marketing Officer Chris Jones

“We’re seeing a lot of growth in business travelers and Japanese investment here. Asian hotels are popping up and they feature an Asian flair. This has been evident in the West Coast,” said Director of Aviation Rosemary Vassiliadis.

Vassiliadis pointed out that the consumer electronics and consumer technology shows, such as the annual CES event in Las Vegas, were contributing factors in bringing in more business to the state and attracting more foreign travellers.

“The growth at McCarran Airport is seen in the community already. The Asian community in Las Vegas has increased as a result of increased businesses activity,” she said.

Beyond gaming and tourism, Nikkiso Cryo, a manufacturer of cryogenic pumps, has experienced impressive growth in Nevada because the humid climate provides the ideal conditions to design and test new technology for the transport and storage of liquefied natural gas (LNG).

With Nikkiso Cryo Inc. President & CEO David Cameron

Heavily invested in Nevada, Nikkiso Cryo has tripled its workforce to more than 100 people in the last three years.

The company has increased its global market share to around 50% with exports accounting for about 90% of total business. President & CEO David Cameron believes that more growth will originate from Southeast Asia, particularly from Malaysia and Vietnam.

“We’re an innovative company with a strong balance sheet. We’re always looking to the future. I was delighted with the acquisition of JC Carter, last year,” Cameron said.

A proudly homegrown company, Rimini Street is an independent provider for enterprise software support services that has grown by nearly 40 percent in the last three years, opened 13 offices around the world, and built a global client base of more than 1,300 companies.

Established in Las Vegas in 2005, Rimini’s annual global revenue exceeded $150 million last year, with its Japanese subsidiary emerging one of the group’s fastest growing.

With Rimini Street, Inc. CEO Seth Ravin

“We’ve built a reputation globally and now we’re bringing it into Japan. It was our success around the world that got us through the door. But it’s the success in Japan, now that really breathes the growth,” said CEO Seth Ravin.

Sumo 101: New Otani hotels and sumo

Last Friday, several members of the Ireland rugby team, including Clan Healy and Rory Best, visited Isegahama stable to watch a training session.It...

Rebuilding the nation and the region

The 14th General Election last May was intense and Malaysians will remember it long after the settles. Not only will they remember the gruelling mo...

Western Australian council is first adopter of Datacom's new local government technology

Datacom has rolled out the first phase of its customer service system for the town of Manjimup in Western Australia. Kicking off with Service Reque...

Mitsubishi and Mesa to explore potential 100-plane SpaceJet deal

Mitsubishi Aircraft Corp. got a boost for its long-delayed SpaceJet regional aircraft, as Mesa Air Group Inc. signed a pact to negotiate a potentia...

Malaysia: A fresh start

Ten months since historic elections that rocked the nation’s political landscape, Malaysia, once again headed by Prime Minister Mahathir Mohamad, i...

SilTerra: Defining tomorrow in Malaysia today

Globally ranked 16th by Gartner in the pure-play foundries category, SilTerra clearly punches above its weight. Originally set up in 1995 as a semi...

TWSE: Cultivating Growth

When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize...

Reaffirming a commitment to create equal opportunity

Tracing its origins back more than a century, LHAG has nurtured a reputation for excellence and expertise in dispute resolution, international arbi...

It's time to turn manufacturing on its head

The leader of a major business group in North Dakota has issued a call for government and industries to break away from long-held notions about eco...

latest special Reports:

Upcoming Reports from

Uruguay 2019

See Preview »

GMIPOST is putting together a Special Report on Uruguay to commemorate the 110th anniversary of the arrival of the first Japanese immigrants to the...

Ecuador 2019

See Preview »

GMI Post is headed to Guayaquil and Quito to research and prepare a Special Business Report on Ecuador, to be published in the Japan Times in the 4...

Chile 2019

See Preview »

As host of this year's APEC 2019 in November and organizer of the U.N. Climate Change Conference (COP25) in December, Chile will be on the global s...

Peru 2019

See Preview »

With its GDP growing an average of 4 percent a year, Peru economy has outperformed those of its neighbors Traditionally a mining country, the count...




  • Global Media is your partner in reaching a powerful international audience through high-level economic reporting.

    Our ambition is to highlight under-reported developments and opportunities around the world, and allow leaders in these regions and sectors to take their message to the highest global level. We partner with top media to communicate with the world’s most powerful audiences. We specialize in communication and branding initiatives that help our clients effectively get their messages to their existing and potential partners. We achieve results for our clients by introducing them and their initiatives to an audience of elite international business and government leaders.

    Global Media Inc. is an independent media agency with offices in Hong Kong and Canada. GMI has more than a decade of experience in the writing, researching, and production of promotional country reports, with media partners from East Asia to North America. We have teams worldwide that develop country and thematic reports on the latest economic trends and developments.

    We are a media partner of Foreign Affairs,the United States’ most influential publication, published by the New York-based Council on Foreign Relations.

    Nearly a century old, there isn’t a more influential or higher-reaching publication in the United States than Foreign Affairs. The journal is ranked #1 in influence by U.S. opinion leaders in a recent nationwide study conducted by Erdos and Morgan, the premier business-to-business research firm. Their findings place Foreign Affairs ahead of all media, both print and broadcast, including The New York Times, The Wall Street Journal, The Economist, and The Washington Post.

    Testimonials:

    “We were extremely impressed with how efficient, well-coordinated, responsive and reliable the Global Media Inc. team was. We owe them a lot for their professionalism. We were very pleased with the outcome, and the article was very well-written. We hope to have an opportunity to work with Global Media Inc. again in the near future.� – Japan Airport Terminal Co. Ltd.
    “The Global Media team’s professionalism was excellent. Their team was great and always gave us the right suggestions and information. The product was excellent, and we were very happy to have such a great opportunity working with their excellent team.â€� – National Graduate Institute of Policy Studies (GRIPS)
    “We were honored to be chosen as one of the good universities in Japan. This article conveyed Seigakuin University’s educational ideals and the message from President Akudo. The advertisement was conspicuous and gave a good impression that Seigakuin nurtured students to contribute to world peace. We really appreciated what Global Media Inc. had did for us.â€� – Seigakuin University

    Whom we have featured:

    • Australian Prime Minister Julia Gillard
    • Australian Foreign Affairs Minister (and former Prime Minister) Kevin Rudd
    • Japanese Prime Minister Shinzo Abe
    • Qatari Minister of International Trade and Industry Dato’ Sri Mustapa bin Mohamed
    • Japanese Minister of Education, Culture, Sports, Science and Technology Yoshiaki Takaki
    • Taiwanese Foreign Minister Yang Chin-Tien
    • Taiwanese Finance Minister Lee Sush-Der
    • Taiwanese Economic Affairs Minister Shih Yen-Shiang
    • Taiwanese National Science Council Minister Lee Lou-Chuang,
    • Taiwanese Deputy Minister of Transport and Communications Yeh Kuang-Shih
    • Taiwanese Political Deputy Minister of Education Dr. Lin Tsong-Ming
    • Indonesian Ambassador to the United States Dr. Dino Patti Djalal
    • Indonesian Investment Coordinating Board Chairman Gita Wirjawan
    • Philippine President Benigno S. Aquino III
    • Philippine Senate President Juan Ponce Enrile

Join our newsletter

Sign up for our weekly newsletter to get the latest news and updates directly to your inbox.