Asia Gaming Brief’s Post

Thailand Entertainment Complex with Legalized Casinos: 5 Potential Global Gaming Contenders [bassPanya] THAILAND Business Insights Series As Thailand considers legalizing casinos, the race to develop a premier entertainment complex is intensifying. Major international gaming companies from Las Vegas, Macau, and Singapore are likely to be key players, drawn by Thailand's strong tourism and domestic demand. Local business leaders with experience in real estate and hospitality may also seek partnerships with these global operators, aiming to create entertainment destinations that blend Thai culture with international standards. The competition will be fierce, and the outcomes could significantly shape Thailand's future as a global entertainment and tourism hub. Drafting the Integrated Entertainment Complex Business Act: Key Legislative Highlights The permit is granted for a period of 30 years, with evaluations conducted every 5 years. The licensee is required to pay both a licensing fee and an annual fee. The use of devices powered by mechanical, electrical, light, or any other form of energy that can be played by touching, sliding, pressing, flicking, pulling, shooting, throwing, rocking, rotating, or any other method that can determine a winner or loser, whether by counting points, symbols, or otherwise. The use of equipment that can determine a winner or loser, whether by counting points, symbols, or otherwise People under 20 years old are prohibited, and Thai citizens are required to pay an entrance fee. #EntertianmentComplex #LegalizedCasinoinThailand #ThailandTourism

🏀 Exciting news for sports fans and the city of Macau! 🇲🇴 Macau is undergoing a remarkable transformation, diversifying its economy from gaming and tourism to become a thriving sports and entertainment hub. 🌟 The city has secured a multiyear collaboration with the NBA, which includes hosting the NBA China Games in 2025 featuring the Brooklyn Nets and Phoenix Suns. 🏀 This partnership will bring preseason games, fan activities, and community outreach initiatives to Macau. 🎉 However, the journey is not without challenges. Macau must address infrastructure needs, enhance planning, and manage the impact on the local community. 🏗️ By striking a balance between economic benefits and residents' well-being, Macau can create a sustainable and vibrant sports industry. 🌱 Macau's efforts are part of a larger goal to become a key player in the Greater Bay Area's sports sector. With partnerships like Sands China and the NBA, and the involvement of prominent figures like Joe Tsai and Yao Ming, the city is poised for significant investment and growth. 📈 As Macau embarks on this exciting transformation, it has the potential to become a global destination for sports and entertainment. 🌍 What are your thoughts on Macau's ambitious plans? Share your comments below and let's discuss the future of sports in Macau! 💬 #MacauSports #NBAinMacau #SportsEntertainment #EconomicDiversification #GreaterBayArea

Macau, Cambodia most feel loss of China VIP play: S&P: Macau and Cambodia – two Asia-Pacific casino markets among most reliant on Chinese visitors – are both feeling the absence of mainland VIP players, says an S&P Global Inc macro-view report on gaming demand in the region. Another challenge for the regional casino and tourism industry is that “pent-up demand” among Chinese people for travel, […]

It was an honour to connect with global experts and industry leaders from organisations like Murray International, Intelligence Macau, and IGamiX Management & Consulting. The summit provided invaluable insights into Thailand's burgeoning casino industry and the opportunities and challenges that lie ahead. Read the summary of the current development and our thoughts here. https://lnkd.in/gNdE9zDE MCG - Maverick Consulting Group #casinos #Thailand #tourism #investment #gambling #gaming #regulation #IntegratedResort #EntertainmentComplex #responsiblegaming #economicgrowth #MaverickConsultingGroup

South East Asia bets big on casinos, but who will take Singapore’s crown?: While the Philippines is hot on the city-state’s heels, could Thailand be a dark horse to watch? The casino gaming landscape in Asia Pacific is changing. In the late 2000s / early 2010s, Macau and then Singapore set new standards for integrated resorts offering gaming, luxury hotels, dining, shopping and entertainment. More recently, live concerts and shows have added new appeal, especially for younger visitors. Other nations are eager to join the game, notably Japan and Thailand, while Philippines is feeling expansionary. So what happens next? “Players such as the Philippines and Thailand have really looked at Singapore and Macau and realised that gaming transforms the whole tourism industry, not just the casino segment.” Many thanks to Ruoxue Goh for including some of my comments in this deep-dive into the future of casino tourism in ASEAN for The Business Times. Read the article here (paywall): https://lnkd.in/efseB847

#Thailand #Casino #NewHub Thailand Finalizes Entertainment Complex Act: A New Era for Casinos, Tourism, and Real Estate 🎰 🏨 The Thai government has finalized the Entertainment Complex Act, aimed at legalizing and regulating casinos within integrated entertainment complexes. Expected to generate at least 12 billion Thai baht in tax revenue in its first year, the legislation positions Thailand to tap into the $2.2 trillion global casino market. Inspired by successful hubs like Macau and Las Vegas, the government has identified five potential sites for these complexes, including #Bangkok, #ChiangMai, and #Phuket. This move is also expected to boost the real estate sector significantly, with increased demand for property development in these prime locations. #Nestopa #PropertyPortal

🌟 Back from China! I am back from ChinaJoy and OMG, it was a great trip and very insightful! 🎮✨ I will try my best to share some pictures and videos in the next posts, but for now, a quick summary of this huge event: 🌍 International Reach: According to the Shanghai government, this year had a staggering 367,000 fans over four action-packed days, welcoming 8,200 overseas visitors from 31 countries and regions – making ChinaJoy the biggest in the world (Gamescom last year had 320k). 🏢 Massive Scale: The event hosted 743 exhibitors, with big brands and sponsors, taking up all 17 exhibition halls of the Shanghai New International Expo Center (SNIEC) – a capacity of 200,000 square meters indoor and 100,000 square meters outdoor exhibition area. 🔄 Comprehensive Segments: It had B2C (fans and players) and B2B sections, alongside CDEC (China Digital Entertainment Congress) and CGDC (China Game Developers Conference) in the adjacent Shanghai Kerry Hotel complex. 📊 Well Organized: Exhibitors were grouped into categories, showcasing mobile hardware, mobile OS, community-related apps, peripherals, payment solutions, and of course, many developers, publishers, media channels, etc. All are part of this huge gaming ecosystem. In short, it was a great experience, and I hope to go back more often. We even have plans to expand and take more people next time. (Please let us know if you are interested in this.) This time, besides Fernando Fauzi Hamuche, we had the pleasure of taking Bruno A. with us to try and close some deals on-site (and we are on the way!) Please let me know if you have any questions, and I will try my best to answer them! GGWP!🕹️ #ChinaJoy2024 #DigitalEntertainment #GamingIndustry #BrazilChinaBusiness #LatamMarket #BusinessOpportunities (video credits to @ChinaJoy on wechat channels)

Galaxy Entertainment Group has confirmed its interest in pursuing an integrated resort (IR) project only in Bangkok, despite Thailand’s plans to issue around five gaming licenses across the country, three of which will be located outside of Bangkok.

ENG "SAGSE Latam will be a bridge to connect large international companies with Latin America" Important changes and a series of novelties for the event's 33rd edition in Buenos Aires, to be held on March 19 and 20 next year, starting with the event's slogan, which will be promoted as "SAGSE Latam 2025: Your bridge to connect with Latin America". "In its 33rd edition, SAGSE has become the leading event in the gaming industry in Latin America and continues to consolidate itself as the essential platform to connect global companies with the booming Latin American market. In the 2024 edition, we welcomed 3,000 executives and authorities, of which 67% were operators, achieving the commercial and executive profile we sought to impose on the event and highlighting its importance in the industry's decision-making process,". "SAGSE is 100% Latam, and this is reflected in the geographic diversity of those who visit us. This year we had a very large number of businessmen and executives from Brazil, since 24% of the visitors came from there, followed by 22% of local attendees (from Argentina), 12% from Paraguay, 11% from Chile, 9% from Peru, 7% from Colombia, 5% from Panama and 10% from other countries. This broad spectrum of participation reaffirms SAGSE as the most important meeting point for the gaming sector in Latin America. Read more : Yogonet International https://lnkd.in/dYNmjYyh

APAC casino industry performance to be robust in 2025: Fitch: The casino industry in the Asia-Pacific region is expected to “perform robustly” next year, “particularly in Singapore and Malaysia, due to tourism recovery and property investments.” That is according to the “Global Gaming Outlook 2025″ report by Fitch Ratings Inc, published on Friday. Fitch projects full-year 2024 gaming revenue in Singapore to rise by 5 […]