• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 2 July 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

TGG eyeing new frontiers

Newsdesk by Newsdesk
Thu 28 Sep 2017 at 07:37
Print Friendly, PDF & Email

TGG co-founder Raymond Chan discusses his company’s recent move into Korea and why he believes this market can play a vital role in the future of Asian gaming.

By Raymond Chan

In early September, TGG announced the signing of a gaming machine operation agreement with Futro Group at Majestar Casino – the biggest Korean casino in Jeju – which provides us with a unique opportunity to participate in the Korean gaming market. Why has TGG chosen Korea as a major focus when there are so many major markets in Asia and around the world? There are three key reasons.

The first is so TGG has significant representation in Korea in order to attract major game designers and increase their awareness of this growing market. Korea is without doubt one of the most creative countries in the world which is why it is so important for us to have that local representation.

We also see this as a golden opportunity for us to get a head start in terms of involvement in this very important Asian market. Much like Japan, Korea is going to be one of Asia’s biggest and most important gaming markets so taking these first steps is a huge milestone for our company.

Third, Korea is widely known as a highly-regulated market so by having representation it shows the world that TGG is a serious player in the gaming platform market. We are not joking around. TGG is a pioneer in the gaming industry. Our omni-channel platform, HIRO, provides game developers and gaming operators with the freedom and flexibility to build games specifically suited to the needs of an individual operator while also meeting global regulation requirements at a fraction of the time and cost. It fits in perfectly with the needs of a market as unique and dynamic as Korea, much like Japan.

Of course, as much as I see similarities between Korea and Japan and I also recognize their differences. They are both very, very creative countries but Korea is quite unique in terms of the games its people like to play. Japanese players like comic-style games with lots of story lines inside. Korean players are more straight forward in what they want from their games – they are more results oriented and want hard core entertainment value compared to the Japanese who are more into the small details that come together to create the whole product.

We are the first open platform that allows anyone in the world to create games for the casino gaming industry and for machine play. Now that we are in Korea, we are opening up another market for global game developers to try out different ideas. Even though the Korean market is primarily targeted at tourists with only one casino – Kangwon Land – allowing locals to play, for TGG to have a presence in that market is vital to our long-term strategy.

Remember too that even though Korean players can’t gamble in most of their own casinos, they travel to casinos around the world and of course the best place to learn exactly what those players are looking for is in Korea itself. By participating in the local market we can go and check out the products of local manufacturers and find out what appeals.

We can also provide local manufacturers and designers with data that we have collected elsewhere. We have a lot of data that a traditional manufacturer may not otherwise have access to. We have an open platform so we have data coming in from different games. We collect this information and mine the data to learn about how different players are interacting with different games. This is something you need for an open platform and it’s one of TGG’s great strengths.

The timing is also perfect for us to be involved with Korea with Paradise City having recently opened the country’s first integrated resort and two more IRs scheduled to open in 2020.

The casino gaming market is not like internet gambling where you can have a website up in 24 hours to deploy. It takes months and months of preparation, so seeing these new opportunities approaching in Korea in the next few years – combined with what’s happening in Japan right next door – makes it the perfect time to get started.

New operations also tend to be more willing to try new things to make themselves standout from the competition. Of course, these operators will be very keen to attract new customers. Tourists, for example, have so many destination options in Asia to choose from so the only way to lure them your way is to try new things – to try an open platform concept with full control of the content on offer.

Casino operators are best placed to know what their customer like and we offer an opportunity to provide that. They will find our product extremely useful in that regard to stand out from the crowd and to grow the pie.

The Korean market is a fascinating one. Players love games that combine slots and poker, for example, even though there is no money involved. I have seen games centers like this completely full in Korea. That’s why we don’t rely on only two or three major game developers, we look to the local developers and local people to tell us what games we will offer.

Korea is a huge step in TGG’s evolution. Everyone knows Korea and everyone knows it’s a highly regulated market. They therefore know that only serious players are willing to be part of it.

I have no doubt that Korea ranks among the top three Asian gaming markets so it is a major milestone for TGG to be involved.

RelatedPosts

Macau GGR comes in at MOP$18.9 billion in April, up 1.7% year-on-year

JP Morgan: Macau GGR surge seemingly sparked by direct VIP, ultra-premium mass gaming customers

Tue 1 Jul 2025 at 18:15
Thailand in political turmoil as Constitutional Court suspends Paetongtarn as Prime Minister over leaked phone call

Thailand in political turmoil as Constitutional Court suspends Paetongtarn as Prime Minister over leaked phone call

Tue 1 Jul 2025 at 15:26
On the brink

Macau GGR continues recent resurgence by rising 19% year-on-year to MOP$21.1 billion in June

Tue 1 Jul 2025 at 12:52
PAGCOR donates US$888,000 to Bureau of Immigration to help fund deportation of former POGO workers

PAGCOR donates US$888,000 to Bureau of Immigration to help fund deportation of former POGO workers

Tue 1 Jul 2025 at 08:54
Load More
Share1Share
Newsdesk

Newsdesk

Current Issue

Editorial – An inconvenient truth

Editorial – An inconvenient truth

by Ben Blaschke
Fri 27 Jun 2025 at 15:21

It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke
Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...

Honesty is the best policy

Honesty is the best policy

by Ben Blaschke
Fri 27 Jun 2025 at 14:13

The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...

Sri Lanka’s casino industry

Sri Lanka’s casino industry

by Shaun McCamley
Fri 27 Jun 2025 at 13:36

Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke
Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation into a content powerhouse and reveals where Asia fits into the journey. Ben Blaschke: Thanks for speaking with IAG, Siobhan....

Behind the curtain

Behind the curtain

by Newsdesk
Fri 27 Jun 2025 at 12:40

Hospitality logistics firm BCI Worldwide has firmly established its presence in Macau, playing a part in some of the city’s most iconic integrated resort development projects. Macau, the “Las Vegas of Asia”, is a city synonymous with opulent resorts, world-class...

Of fortune or misfortune

Of fortune or misfortune

by Pierce Chan
Fri 27 Jun 2025 at 12:32

At the beginning of June, the Macau government announced that all 11 of the city’s satellite casinos would be shut down this year. The sudden news shocked the community and has led many to question whether the complete closure of...

10 years ago – Tricky balance

10 years ago – Tricky balance

by Ben Blaschke
Fri 27 Jun 2025 at 12:17

In this regular feature in IAG to celebrate 20 years covering the Asian gaming and leisure industry, we look back at our cover story from exactly 10 years ago, “Tricky balance”, to rediscover what was making the news in July...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English