Good morning, Vietnam. That’s what Korean punters are saying as they increasingly see the country as a stable and attractive destination to test their luck. While visitors flood integrated resorts’ casinos, executives living in the country boost e-gaming clubs – prompting operators to focus on an increasingly segmented and digital market. Meanwhile, in Australia, the financial watchdog is urging operators to up their anti-money laundering game to eliminate persistent weaknesses, with new regulations coming this month. And in the UAE, construction has resumed on Wynn Al Marjan Island, in a sign of normality amongst the ongoing conflict in the Middle East.
What you need to know
- Vietnam’s casino market grows on strong Korean demand, as operators face a more segmented, digital and increasingly competitive gaming landscape.
- AUSTRAC head warns AML/CTF weaknesses persist; new regulations come into effect at the end of the month.
- Wynn Resorts says that construction has resumed on Wynn Al Marjan Island, following a pause, despite continued ME conflict.
On the radar
- Wynn Macau files HK court claim seeking $605K from film producer: report.
- Ainsworth heir seeks 5.5% of AGT through proportional takeover bid.
- Morningstar reduces SJM forecasts, citing slower path to profitability.
- Macau 2025 gaming tax revenue rose 7.63% to $11.9B.
- Asia Pioneer Entertainment expecting profit of $958K for FY25.
AGB Intelligence
VIETNAM
Continued Korean demand amongst competitive landscape
Vietnam is profiting from increasing gaming demand by Korean visitors and residents, becoming an attractive alternative to other gaming destinations in Asia. Double-digit growth in demand is expected this year, despite a more segmented and digital-focused gaming market, as player behavior shifts. Both e-games clubs and casinos will continue to benefit from the increased visitation and spend, at the tables/slots and beyond.
Industry Updates
- SOFTSWISS & Pentasia unveil 2026 iGaming Talent Trends report in Malta.
- GR8 Tech and Ready to Fight launch The Champions Club Drop.
- Sands China to host the 2026 Macao International 10K.
INTELLIGENCE | ASEAN | CAREERS | EVENTS
