Asia is set for further expansion with major casino projects planned in several jurisdictions, TCS John Huxley's general manager for Asia, Rebecca Kingswell, told InterGaming.
"The extraordinary growth experienced in Asia and Macau in particular, has without doubt encouraged other Asian countries to develop gaming markets of their own and this is expected to continue for some time," Kingswell said. "We are witnessing the expansion of the gaming industry's most promising global market."
Las Vegas Sands unveiled its Sands Cotai Central resort in Macau, marking the next phase in the Chinese enclave's development. This new integrated resort is likely to be the first of several new projects to open over the coming years.
TCS John Huxley has two dedicated offices in Asia, with the first opening in Macau in 2001 followed by a facility in Singapore in 2008.
"Macau is getting ready for another expansion with a number of casinos commencing preparation," said Kingswell. "Manila in the Philippines has three large properties opening over the next three years and Vietnam has new properties in various construction stages and others under discussion. India is also expanding its casinos."
In a recent report, PricewaterhouseCoopers predicted that the Asia Pacific gaming market will experience compound annual growth if 18.3 per cent to be worth an estimated $79.3bn in 2015.
