The biggest competition threat for Genting Malaysia Bhd’s (Genting Malaysia) mass and premium-mass segment is projected to come from the casinos in Cambodia, the Philippines and Vietnam.
The gambling industry in Southeast Asia has been on the rise in the past decade. Casinos are mushrooming throughout the region with at least three planned in Vietnam and two in the Philippines. Existing casinos in the region are also seeing steady growth in revenue.
On 26 March, Indonesian youth and sports minister Imam Nahrawi was reported as confirming that the country had decided to push the prospect of eSports to different communities in the country, affirming that his ministry played a significant part in pushing eSports’s growth in Indonesia.