"Vietnam's gaming industry remains resilient despite Thailand legalizing gambling, as confirmed by The Grand Ho Tram CEO Walter Power. With strategic partnerships and strong casino tourism, Vietnam navigates ASEAN's shifting gaming landscape confidently, highlighted at the 2024 ASEAN Gaming Summit."
Vietnam's Gaming Industry Unaffected by Thailand's Legalisation of Gambling
The gaming industry of Vietnam is not expected to witness any significant impact following Thailand's recent move to legalize gambling. The assertion comes right from the desk of Walter Power, CEO of The Grand Ho Tram. Power's statement stands strong against the rising tide of legal gambling initiatives in the ASEAN region.
News from ASEAN Gaming Summit 2024
The news was first officially announced during the ASEAN Gaming Summit 2024. The summit is a major iGaming calendar event, which regularly sees the participation of some of the biggest names and companies in the iGaming industry. Despite this apparent challenge, Vietnam appears confident in its strength and resilience as a strong player in the arena.
Opportunities Beyond Legal Boundaries
Despite the absence of a legalised online casino industry in Vietnam, the country has been profiting from casino tourism. The Grand Ho Tram, a popular destination, has notably been performing well, demonstrating the appeal and draw of the nation's casino offerings.
Strength in Strategy
The bolstering aspect of Vietnam's gaming industry is its strategic partnerships with international gaming giants. The presence of strong game providers like NetEnt, Playtech, Microgaming, and Betsoft has elevated Vietnam's gaming offerings, making local casinos more appealing to international tourists.
Given the recent legal developments in Asia's gaming landscape, Power's reassuring statement certainly brings relief for industry stakeholders. Its outcome, however, only time and consistent performance will tell.
