Good Morning. Ready for adventure? The risky, and profitable, world of Indochina could be your destination – as experts point out the compelling advantages of Vietnam, Cambodia and Laos, even as they outline the risks. And in the world of Genting, Malaysian operations are recovering strongly on a yearly basis, as the property benefits from increased tourism, despite an increase in spending as the group ramps up the property.
What you need to know
- Vietnam, Cambodia, Laos – all jurisdictions where gaming is thriving, but problems continue to arise – a panel of experts points out why.
- Genting Malaysia saw a strong uptick in adjusted EBITDA in 1Q23, as Resorts World Genting continued to contribute significantly.
On the radar
- SkyCity faces further mandates in Adelaide over AML/CFT.
- Change in MGM China board, as Pansy Ho and William Hornbuckle re-elected.
- Londoner opening furthers Adelson’s vision: LVS Chairman.
- Ian Coughlin resigning from Wynn Macau’s board, advisor until end-2023.
- Macau to cut government-sponsored subsidies in 2H23.
AGB Intelligence
VIETNAM, CAMBODIA, LAOS
Regional gaming but targeting different markets
Gaming within Vietnam, Cambodia and Laos is vastly different, but with some similarities due to the time certain operations have been in each country. As nations strive for compliance, each country is taking its own strategy, with operators shifting in tune, even as they face possibly further competition from neighbors such as Thailand.
Industry Updates
- teamLab SuperNature updates offerings at The Venetian Macao.
- Play’n GO crowned Game Studio of the Year.
MEMBERSHIP | MAGAZINE | ASEAN | CAREERS
