TGG Eyes Southeast Asia Gambling Potential

Published Friday, January 19, 2018 - Online-Casinos.com
TGG Eyes Southeast Asia Gambling Potential

Gambling in Asia has massive potential as some countries open up their nations to regulated betting garnering much needed income. TGG the first open-source casino gaming platform in the world is  bringing global game developers and casino operators together in an industry worth US$450 billion.

The TGG organization has 17 partners and 200 innovative gaming titles pending deployment to 13 casinos in 10 countries around Asia, Europe and Latin America.TGG Takara Gaming Group recently announced it is entering the Southeast Asia Market with two leading local casino groups in Southeast Asia the Golden Crown and Superrich the Best Casino.

Records are being broken in the growth of casino gaming in Southeast Asia with research data showing that the Asia-Pacific market grew immensely between 2005 and 2015. Countries in Southeast Asia such as Cambodia, Vietnam, Myanmar, and Laos have made strong advancements in casino gambling. It is estimated that the income generated by casinos from non-residents is approximately US$2 billion annually. This amount represents around 40 percent of the total amount spent by foreign visitors in 2016 according to a report from the National Bank of Cambodia.

Co-founder and CEO of TGG, Raymond Chan commented on the effort, “TGG is eyeing the potential of Southeast Asia. Much of the new growths has come from Chinese visitors, the major reason behind this due to the booming of the economy in the Asian regions and therefore increased the Asian players rapidly. We are exciting to make our first gateway into Cambodia through this deployment with the two leading local casinos. It definitely marks another milestone for TGG in the East Asia market.”

 

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