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South-east Asia bets big on casinos, but who will take Singapore’s crown?

While the Philippines is hot on the city-state’s heels, Thailand may be a dark horse to watch

Goh Ruoxue
Published Fri, Jul 12, 2024 · 03:00 PM
    • Even as the race to hit the jackpot heats up, there are questions whether the regional market is big enough to support sustained growth.
    • Even as the race to hit the jackpot heats up, there are questions whether the regional market is big enough to support sustained growth. ILLUSTRATION: SIMON ANG, BT

    SOUTH-EAST Asia is fast cashing in on the casino business.

    Whether it is to woo tourism dollars, boost the local economy, create jobs, or stamp out illegal gambling, some Asean economies are playing their best hands as they vie for their slice of the casino pie.

    The stakes are getting higher as these regional neighbours attempt to put their own spin on replicating Singapore’s and gambling mecca Macau’s successes in the integrated resorts industry.

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