Major gambling provider NOVOMATIC boasts another milestone in its strategy to expand across the lucrative Asia-Pacific region
Austrian provider of solutions for the gambling industry NOVOMATIC today announced that it has landed a strategic partnership that will help it deliver on its strategy to expand further into the Asia-Pacific region.
NOVOMATIC has joined forces with Australia-based fellow provider Indo Pacific Gaming to jointly supply the gambling markets of Laos, Cambodia, Sri Lanka, Vietnam, Nepal, and the Indian state of Goa.
Under the recently inked partnership, NOVOMATIC will be able to deliver its most successful casino games, sports betting products, and technology solutions. As mentioned above, the deal is expected to drive the Austrian company’s planned Asia-Pacific expansion to a new level and open up new opportunities before the major group.
Founded in 1980 by billionaire businessman Johann Graf, NOVOMATIC has grown into a major developer and provider of gaming and technology solutions for the gaming and betting industries. The company currently employs more than 30,000 people in offices in more than 50 countries. It provides its products, including gaming equipment, games, system solutions, lottery products, and related services to B2B and B2C clients in more than 70 countries.
Commenting on their recent partnership agreement with Indo Pacific Gaming, NOVOMATIC Chief Executive Harald Neumann said in a press release from earlier today that the strategic step places his company in a better position to supply its products across the Asia-Pacific region.
Mr. Neumann went on to say that their focus this year is to increase synergies and grow cooperation with other companies. The executive defined the recently penned partnership with Indo Pacific Gaming as an important milestone in their strategy to reach out to an event wider audience.
Expansion Drive
Earlier this year, NOVOMATIC resealed another strategic partnership that secured it with expanded presence across Southeast Asia, primarily in the Philippines, Macau, Malaysia, and Vietnam.
Under a distribution agreement with Jade Entertainment and Gaming Technologies, the latter would keep to be NOTOMATIC’s distributor for Southeast Asia. The two companies were selected as the premium suppliers of gaming products and equipment for Corona Resort and Casino, located on Vietnam’s Phu Quoc Island.
The gambling resort opened doors in mid-January with a number of slot machines and gaming tables. The property is home to Vietnam’s first casino that permits Vietnamese nationals to gamble on its floor under a three-year pilot program spearheaded by the country’s government. Vietnam’s residents have to be aged 21 or over and to be able to prove a monthly income of more than VND10 million. They will also need to have no criminal record.
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