Your Daily Asia Gaming eBrief: Casinos in Indochina revive the Wild West feel

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

Industry Updates

• teamLab SuperNature updates offerings at The Venetian Macao.
• Play’n GO crowned Game Studio of the Year.

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