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Daily Asia Gaming eBrief: Gaming in Myanmar is at a crossroads

Good Morning. Myanmar presents an interesting quagmire of crises versus opportunity, notes expert Ben Lee. Smaller-scale operators focusing on the Chinese and Thai markets stand to make good margins, but ongoing conflict has scaled back visitation, and the threat of Thailand legalizing gaming could disrupt the status quo. Meanwhile, in Macau, GGR has hit some $1.1 billion in just the first two weeks, with analysts at JP Morgan seeing a heady start to the year.

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Myanmar

Myanmar: crisis and opportunity – Ben Lee

IGamiX’s Managing Partner Ben Lee notes that there are some 50 casinos located within Myanmar, with many attractive opportunities for smaller operators focusing on the Chinese and Thai markets. But ongoing struggles between the military junta and ethnic groups, coupled with the threat of Thailand legalizing gaming, mean that the good times may have been short lived, and the pie may get too small to share.


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AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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