Vietnam casino revenue up 60% in 2019 thanks to local

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Vietnam: Revenue in the Video Games segment is projected to reach US$257m in 2021. Video Games are defined as fee-based video games distributed over the internet. That explains why the average revenue per user (ARPU) in Vietnam gaming market is quite low, just around US$12. Second, many game players are young; and bank cards are not something really popular across this segment of population, and cash is still the most popular payment method in Vietnam. According to the World Bank, 90 percent of everyday transactions are paid via cash. This table features the top 10 games markets ranked on their revenue estimates for 2020 in descending order. These estimates are based on a combination of primary consumer research, transactional data, quarterly company reports, and census data. The revenues are based on consumer spending in each country and exclude hardware sales, tax, business-to-business services, and online gambling and Academicians, scholars, and analysts have projected Vietnamese gross gaming revenues to reach US$3 billion to US$6 billion a year when the market is opened up to more casinos, and when locals are able to gamble freely. The casinos and gambling clubs of Vietnam. There are currently 7 licensed casinos and 23 electronic gaming clubs in Vietnam. The licensed casinos are able to offer true casino table games such as baccarat, blackjack, roulette, craps, pai gow, and sic-bo (tai sai Casino revenue in 2014 officially contributed 336 billion dong on revenue of 1.37 trillion dong, according to the Ministry of Finance. However, the casino market in Vietnam is estimated to be The statistic presents a forecast of the PC online games revenue in Vietnam from 2012 to 2014. Itt was estimated that the 2014 PC online games revenue for Vietnam would be 291 million U.S. dollars.... While the Vietnamese government does not disclose gross gaming revenue (GGR) data from the existing gaming venues, Union Gaming estimates that nationwide GGR currently stands in the range of US$800 million to US$1.2 billion. The estimate is based on information released by three publicly traded companies with exposure to Vietnam’s gaming market, “as well as via conversations” with operators in that market, said the brokerage. Vietnam is drawing closer to allowing its citizens to gamble in the nation’s casinos as the government tries to boost revenue and compete for regional gaming investment. Vietnam Gaming Market Report 2020 - ResearchAndMarkets.com The "Asia Games Country Report - Vietnam" report has been added to ResearchAndMarkets.com's offering.. This country report provide a deep Figures released this week by Vietnam’s Ministry of Finance show the country’s eight operational casinos generated revenue of VND2.5t (US$107.4m) in 2019, from which the casinos contributed...

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