{"id":5239,"date":"2022-10-07T12:54:33","date_gmt":"2022-10-07T12:54:33","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/news\/?p=5239"},"modified":"2022-10-07T12:54:33","modified_gmt":"2022-10-07T12:54:33","slug":"asian-pacific-gaming-industry-set-for-massive-changes-with-new-markets-opening","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/asian-pacific-gaming-industry-set-for-massive-changes-with-new-markets-opening\/","title":{"rendered":"APAC Gaming Industry Set For Massive Changes With New Markets Opening"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.top10casinowebsites.net\/news\/wp-content\/uploads\/2019\/06\/asia.jpg\" alt=\"Asia\" title=\"APAC Gaming Industry Set For Massive Changes With New Markets Opening\" width=\"300\" class=\"alignleft size-full wp-image-4256\" \/><strong>Summary<\/strong><\/p>\n<ul>\n<li>Japan and Thailand are expected to have thriving gaming industries in the coming years<\/li>\n<li>Australia\u2019s gambling regulations are set to go through significant changes<\/li>\n<li>Macau\u2019s gambling market witnessing big shift as VIP sector dries up<\/li>\n<\/ul>\n<p>The gambling industry across the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Asia-Pacific\">Asian Pacific (APAC) region<\/a> is set to witness a massive overhaul in the coming year based on research carried out by <strong>Spectrum Gaming Group LLC<\/strong>, a firm that specializes in gaming regulations and compliance for the gambling industry.<\/p>\n<p><a href=\"https:\/\/myemail.constantcontact.com\/SPECTRUM-GAMING-GROUP-RELEASES--TOP-TRENDS-TO-WATCH-FOR-2023.html?soid=1126731177078&#038;aid=5zMAdyTgpCE\">Spectrum Gaming<\/a> released a report outlining some interesting changes that the APAC market will go through in 2023 and the next few years. <\/p>\n<h2>Thailand Should Have Legalized Gambling Shortly<\/h2>\n<p>Thailand is yet to legalize casino gambling in the country but the <a href=\"https:\/\/www.top10casinowebsites.net\/news\/thailand-closer-to-legalizing-land-based-casinos\/\">efforts to pass gambling legalization has made significant progress in 2022<\/a>. Thailand is looking to bring in a new stream of income by legalizing casino gambling and setting up 5 land based casino resorts across the country.<\/p>\n<p>The current government seems in favour of moving quickly forward with casino legalization as <strong>Thailand has suffered significant financial losses during the COVID-19 pandemic<\/strong> when tourism dried up for the country. Thailand <strong>depends heavily on tourism<\/strong> and believes that the legalization of casino resorts will in turn boost its tourism industry. <\/p>\n<p>The biggest challenge for Thailand will be formulating robust gaming regulations which will likely be on the agenda for 2023.<\/p>\n<h2>Will Japan Approve Casino Licenses In 2023? <\/h2>\n<p>While Thailand has moved quickly forward with its casino legalization push, Japan has stalled its bid to launch integrated resorts due to a lot of red tape. Japan is yet to confirm which cities will be eligible to have integrated resorts and finalize its casino gambling regulations. <\/p>\n<p>Japan is likely to finalize both the location and <a href=\"https:\/\/www.top10casinowebsites.net\/news\/mgm-resorts-expresses-confidence-in-japans-gaming-potential\/\">potential integrated resort partners<\/a> by the end of 2023, if things go as per plan. The likelihood of Japan opening out its multi-billion casino resorts will most likely be towards the end of 2030.<\/p>\n<h2>Macau VIP Sector Almost Non-Existent <\/h2>\n<p>Macau\u2019s casinos which once thrived on its VIP clientele have now been forced to change their business model and focus on mass market gaming as the <a href=\"https:\/\/www.top10casinowebsites.net\/news\/macaus-vip-gambling-market-now-virtually-closed-as-more-junket-operators-leave\/\">VIP market and junket operators are now almost non-existent<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary Japan and Thailand are expected to have thriving gaming industries in the coming years Australia\u2019s gambling regulations are set to go through significant changes Macau\u2019s gambling market witnessing big shift as VIP sector dries up The gambling industry across the Asian Pacific (APAC) region is set to witness a massive overhaul in the coming [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,13],"tags":[],"class_list":["post-5239","post","type-post","status-publish","format-standard","hentry","category-general","category-industry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>APAC Gaming Industry Set For Massive Changes With New Markets Opening<\/title>\n<meta name=\"description\" content=\"The gambling industry across the Asian Pacific (APAC) region is set to witness a massive overhaul in the coming year\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.top10casinowebsites.net\/news\/asian-pacific-gaming-industry-set-for-massive-changes-with-new-markets-opening\/\" 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