The Future of Asian Gaming in Thailand
The first Southeast Asian Games were held in 1959, and Thailand sent its first team that year. The game is the oldest organized sporting event in the world, and has over 4,000 years of history. The Southeast Asian Games Federation is made up of countries such as Burma, Laos, Kampuchea, Malaya, and the Republic of Vietnam. Thailand was one of the founding members of the Southeast Asian Games Federation. The games are held annually, and are an event for both athletes and spectators.
The Digital Economy Promotion Agency and the country's largest GSM mobile phone operator are collaborating with leading tech news sources to hold a seminar on gaming and e-sports in the country. The seminar will include a comprehensive overview of the industry's potential in Thailand. The event is expected to attract more than 100 industry leaders, including companies like King and Tencent. In addition to a detailed review of the game market, the conference will also include a Q&A session.
The extraordinary committee's report is expected to be completed this month, and it has a 55:45 split of local and international members. The committee is also expected to analyze the economic and social implications of IRs in other countries. Its report could be released this month. While the committee's decision on the fate of Thailand's IR remains uncertain, sources for Inside asia gaming questioned the motives of the lawmakers. In addition, a prominent senator linked to the committee is widely suspected of being the "godfather" of illegal gambling in Bangkok.
The development of an integrated casino resort in Thailand may also help cut down on the number of illegal casinos in the country. It is estimated that several casinos could shift gambling to more lucrative legal venues if the integrated resort is built. The development of more casinos in Thailand is a positive step forward for the country. It is also an opportunity for the local economy to develop. A casino will help improve the economy and attract more tourists. With that, Thailand is a major destination for tourists and investors alike.
The number of gamers in Thailand is expected to rise in the coming years with the rise of smartphone penetration and the rollout of 5G. However, the economy still weighs heavily on the amount of money spent per person. However, Thailand is likely to follow Japan and Singapore in introducing entry fees for gamers. Entry fees will be between THB500 and THB1,000. Those fees represent roughly $15 and $30 USD, respectively. This is a promising start for Thailand's gaming industry, especially as the country has a large number of young people looking to get into the gaming world.
Esports is one of the many sectors in Thailand that are underdeveloped. The partnership will work to expand the industry in Thailand and develop the Thai esports scene. During the project, case studies will be conducted to determine the steps to take to develop the gaming industry in Thailand. The outcomes will help shape measures for the industry in the country. So, if you're interested in joining the game, now is the time to reserve your booth at G2E Asia.