• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 9 May 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
  • 中文
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
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Top 10 trends in international gaming for 2024

Fred Gushin and Paul Bromberg by Fred Gushin and Paul Bromberg
Wed 6 Dec 2023 at 16:43
45
SHARES
1.1k
VIEWS
Print Friendly, PDF & Email

As the clock winds down on 2023, Spectrum Gaming Group gives its take on the main issues that regulators, operators and suppliers will need to consider as they make plans for the year ahead.

In co-operation with Inside Asian Gaming, Spectrum Gaming Group has released its annual list of the Top 10 International Trends in Gaming. These are the most significant issues that regulators, operators and suppliers need to consider as they make plans for the coming year. Spectrum released its Top 10 US Trends list last month, continuing an annual series that began in 2005.

Spectrum has long focused on the future of gaming in international markets. The company has completed engagements in 49 countries on six continents, with clients that include national and regional governments, gaming companies of all sizes, suppliers, lotteries, financial institutions, developers and other gaming-related entities.

Spectrum’s Top 10 International Trends list (ordered alphabetically), compiled with input from the firm’s global experts, represents both the opportunities and challenges that will be most impactful to revenue, profitability and public policy.

1. COMMONWEALTH OF THE NORTHERN MARIANA ISLANDS

The long nightmare that has been the IPI project in Saipan will come to an end when the CNMI Casino Control Commission revokes its gaming license.

2. JAPAN

Given national and prefecture approvals, the MGM/ORIX Integrated Resort in Osaka will proceed with preparatory work for the Yumeshima site.

3. JUNKET PLAY

As international travel from China returns apace, the junket business will likely reform and revitalize across Southeast Asia, especially in countries such as Vietnam, Cambodia and the Philippines.

4. PHILIPPINES

PAGCOR will take concrete steps in implementing the long-sought goal of privatizing its Casino Filipino-brand casinos, thus evolving into a regulatory agency. After a long struggle, the Philippines hopes to be removed from the Financial Action Task Force’s “grey” list of money-laundering countries due to a number of steps being taken by the Marcos Administration to bolster its anti-money laundering (AML) regime. This ultimately will depend on real reform to the regulatory process relating to existing casinos and POGOs and the governmental will to implement such reform.

5. SOUTHEAST ASIAN ONLINE GAMING

The provision of illegal online gaming and sports betting by operators based in Southeast Asia is being aggressively addressed by regulators across Asia. Recently, China stepped up its enforcement efforts against illegal online gaming operators targeting mainland Chinese players, with joint operations alongside law enforcement agencies from several Southeast Asian countries. Singapore has been at the forefront of this crackdown with the recent arrest of the leaders of a major online gaming syndicate. The amount of money earned by these illegal entities is enormous, as can be seen by the seizure by the Singapore authorities of assets totalling SG$2.4 billion (US$1.76 billion) from just the one group. Cambodia and the Philippines, two countries where online operators have traditionally been based, are also now tightening their own regulations. These efforts will accelerate in 2024.

6. SPORTS BETTING

Both the legal and grey varieties of sports betting will continue to grow across Asia as the appetite for this form of gaming shows no sign of diminishing.

7. TECHNOLOGY

Blockchain and the integration of virtual reality (VR) and augmented reality (AR) technologies are revolutionizing the European betting and gambling markets. Spectrum expects Asia to follow suit soon. Blockchain is gaining prominence due to its ability to enhance security, transparency and trust in transactions. There remain regulatory hurdles to overcome in terms of Know Your Customer (KYC) requirements. However, this technology ensures fair play, enables instant and secure payments, and provides verifiable and auditable records of all betting and gambling activities. Operators are leveraging VR and AR to create immersive, interactive environments that attract and retain customers, providing them with a completely different and enjoyable gambling experience.

8. THAILAND

Following the establishment of a special committee in late October 2023 to explore the legalization of integrated entertainment venues featuring casinos, it is likely that Thailand will move forward with the legalization of casino gaming in 2024 and may even enact a gaming law.

9. UNITED ARAB EMIRATES

The UAE announced the legalization of gaming in 2023. The coming year will see the implementation of a regulatory process and the continued development of the Wynn property in Ras al Khaimah, as well as the announcement of development projects in additional emirates.

10. UNREGULATED GAMING

Given the vast sums involved and the societal harms caused, unregulated (grey/illegal) online gaming will come under increased scrutiny worldwide by international law enforcement agencies and by national governments. AML issues and ascertaining beneficial ownership of online gaming companies and their affiliates will be the focus in 2024. Efforts will be made to migrate this form of gaming to regulated entities that can be taxed to fund consumer protection and socially responsible gaming programs.

This Top 10 International Trends list was prepared by Spectrum Gaming Group executives and Spectrum Associate subject-matter experts.

Tags: Current Issue
Share18Share3
Fred Gushin and Paul Bromberg

Fred Gushin and Paul Bromberg

Fredric Gushin founded Spectrum Gaming Group in 1993 after working 13 years for the New Jersey Division of Gaming Enforcement, where he was promoted to Assistant Director and Assistant Attorney General. Gushin has managed Spectrum’s regulatory and gaming advisory engagements throughout Asia, including in Japan, Singapore, Vietnam, Cambodia and the Philippines. He has also managed Spectrum’s 18-year gaming-related regulatory association with the Government of Singapore.

Paul Bromberg, Senior VP at Spectrum Gaming Group, has undertaken numerous investigations across Asia, working closely with government and law enforcement agencies, as well as international gaming clients. He has spoken and written extensively on the gaming industry in Asia, focusing on regulatory matters and the junket industry. In February 2020, he gave testimony on the Asian junket business to the NSW Casino Inquiry.

Current Issue

Editorial – Knife’s edge

Editorial – Knife’s edge

by Andrew W Scott and Ben Blaschke
Tue 29 Apr 2025 at 15:14

Thailand’s Entertainment Complex journey is at a critical point, with the success or failure of the initiative to be determined...

The changing face of Macau

The changing face of Macau

by Ben Blaschke
Tue 29 Apr 2025 at 15:09

Inside Asian Gaming takes a deep dive into the new, post-COVID Macau where a revenue environment that seems to be...

Born again

Born again

by Pierce Chan
Tue 29 Apr 2025 at 14:47

Premiering in September 2010 at City of Dreams, The House of Dancing Water was a visionary creation by artistic maestro...

Richard Howarth – Testing the limits

Richard Howarth – Testing the limits

by Ben Blaschke
Tue 29 Apr 2025 at 13:17

Richard Howarth, Chief Business Officer APAC for global testing laboratory GLI, discusses his career journey and his passion for fast-paced...

Evolution Asia
Aristocrat
GLI
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Editorial – Knife’s edge

Editorial – Knife’s edge

by Andrew W Scott and Ben Blaschke
Tue 29 Apr 2025 at 15:14

Thailand’s Entertainment Complex journey is at a critical point, with the success or failure of the initiative to be determined by decisions made over the coming months. The common narrative now appears to be that legislation governing development of the...

A Baccarat perspective – Part 2

A Baccarat perspective – Part 2

by Ryan Hong-Wai Ho
Tue 29 Apr 2025 at 13:03

The first part of this series, published in the April issue of IAG, discussed the rise of baccarat in Macau’s gaming industry. Building on that discussion, Ryan Ho continues to examine the latest betting options shaping this iconic casino game....

Editorial – The real reason Philippines casino revenues are down

Editorial – The real reason Philippines casino revenues are down

by Ben Blaschke
Sun 30 Mar 2025 at 23:04

After enjoying a post-COVID surge in gaming revenues at its licensed casinos, the Philippines has hit a rocky patch. In 2024, while the broader gaming industry enjoyed a significant boost thanks to the growth of the E-Games segment, gross gaming...

A baccarat perspective

A baccarat perspective

by Ryan Hong-Wai Ho
Sun 30 Mar 2025 at 22:37

In the first of a two-part series, Ryan Ho explores how gaming innovations and market changes have shaped the prominence of baccarat in Macau’s gaming industry. Macau casinos have long been synonymous with baccarat. The evolution of Macau’s gaming industry...



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
  • 中文

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
  • 中文
  • 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.

  • 中文
  • English