Good Morning. An absence of regulation is not always a good thing for operators, and can actually hamper growth. So, an expert about the state of Vietnam’s gaming industry opines that frameworks are needed to help companies avoid incidents by knowing which rules are in place. Meanwhile, in Macau, junkets have faith in more clarity from the city’s watchdog, now that a new Director is in place. Looking at results, Melco improved its market position in Macau in 1Q25, despite a challenging competitive environment.
What you need to know
- Vietnam’s gaming market suffers from immature policies and red tape, forcing operators to self-regulate or risk non-compliance.
- Macau’s junkets hope for more regulatory clarity under the new head of the gaming watchdog, says industry representative.
- Melco strengthens Macau position with 15.8 percent market share in the first quarter of the year: Seaport.
On the radar
- Former PAGCOR Chairman Genuino and four co-accused sentenced.
- Donaco faces delays in takeover process, uncertainty on Cambodian tax.
- Cebu authorities arrest 11 with $9M in cash, claiming to be junket players.
- US-China tariff spat raised by HK & Macau Affairs head during Macau visit.
- Resurgence in Asian Poker? APT indicates “huge demand” for tournaments.
- Satellite casino closures pose little concern to DICJ/monetary authority.
AGB Intelligence
VIETNAM
Immature policies/red tape hamper gaming development
Vietnam’s gaming market has strong potential, but it’s hampered by regulatory gaps which create challenges for operators. According to an expert, the nation is still trying to find a balance between business interests and regulatory requirements, with companies oftentimes having to choose their own levels of compliance due to an absence of rules.
Industry Updates
- Sands China strengthens Macau-Hengqin partnership in Health tourism.
- PAGCOR recognized for pivotal role in Philippines’ FATF grey list exit.
- Shikenso & Triton renew partnership to boost sponsorship intelligence.
INTELLIGENCE | ASEAN | CAREERS
