Tuesday, September 25, 2007

Online casino giant enters Cambodian market, what will be the revenue for the Cambodian gov't?

Online Casino Giant PacificNet Enters Into Cambodian Market

September 25, 2007
Staff Editor,
CasinoGamblingWeb.com

PactGames, which is a subsidiary of PacificNet, Inc. and they have signed a revenue sharing agreement with a leading gaming operator to put their products into several areas of the Cambodian market.

The products include virtual baccarat, fish prawn grab, card games bingo, poker, live gaming, online virtual casino, slot, land based kiosk networks, mobile gaming, and fixed odds games.

Those games are also accompanied by a management system that makes it easy for operators to control these games, as well as user accounts of people who are playing the games.

The Asian market is a huge one for PacificNet, who has over 300 engineers working on new technology, plus, more than 1200 other personnel in Asia.

Victor Tong, President of PacificNet had this to say about the advancement of his company overseas, "We are pleased to enter the Cambodian market which we feel has much potential in terms of returns."

Perhaps he was speaking of the fact that Cambodia has only allowed gaming for less then a decade now, and the industry has taken off in those few years. There is also major casino projects being planned for the area, a reason that PacificNet wants to get there now, so when the expansion is completed, they will have the inside track on the business.

The current agreement calls for PactGames to be placed in several cities in Cambodia including, Bavet, PoiPet, Phnom Penh right now, and Laos, Vietnam, and Myanmar, next year.

5 comments:

Anonymous said...

Boy! We are ahead of the game in the field of gambling. It is not an coincidence for the incompetent government to make such a move. Soon everyone children of Camodia going to start the career as a thief to satify their gambling addiction. They worry more about line their pockets than properly preparing the nation for the future.

Anonymous said...

Than The YOUN Ve^er will run the politic for Khmer!

Anonymous said...

I don't think the business will do good here. Thus, I don't expect much revenue from it.

I don't know any of the game. I hope they will have Kla-Klok, See-Kou, Kate, ..., and Bull Racing.

Anonymous said...

I think that the untapped Asian market is a huge opportunity for casinos, mainly for an online casino
company like Littlewoods Casino. There is a great interest in gambling in Asia and the industry is growing quite considerably, which opens up a world of possibilities for these gambling companies.

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