Great potential in Philippines and Cambodia
Cambodia casino developer eyes Indo-China growth
2012-04-23
Reading time 40 seg
(Cambodia).- Several "frontier" markets in Asia are beginning to flourish and will experience rapid growth in the coming years, gaming operator Entertainment Gaming Asia said. Firm’s CEO Clarence Chung said the Asian gaming market continues to grow and, although Macau remains the region's "powerhouse," there is great potential in countries such as Cambodia and the Philippines.
In an interview with InterGaming, he added that “other Asian countries are starting to flourish, such as the Indo-China region, which is where we focus our growth initiatives."
"These frontier markets are experiencing rapid growth given their relatively strong economic growth and I believe a certain number of these countries are comparable to China 10 to 15 years ago," Chung commented
Entertainment Gaming Asia, which will open its Dreamworld Casino Pailin project in Cambodia next month, is positioning its operations to grow within these markets, Chung said. “As gaming grows in our jurisdictions, I expect the regulatory framework will continue to evolve. I view this as a positive for our operations," he added.
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