Listen To Article
Slot machine manufacturer Velvix has partnered with provider Jade Gaming to expand into the Asian market, with a particular emphasis on the Philippines and Vietnam.
Class III slot machine games from both linked progressive and standalone manufacturers are available in the Velvix product selection.
Amy Jiang, VP of Velvix, said: “After our successful entry into the North American markets, we firmly believe that venturing into Asia is the natural progression for Velvix. The Asian Pacific region has demonstrated remarkable growth in recent quarters, surpassing even the most optimistic expectations.
“We strongly believe in the resurgence of Asian gaming and are thrilled to be part of it by launching Velvix in The Philippines and Vietnam. We have full confidence in Jade Gaming as our trusted partner, leading us forward and ensuring unparalleled customer service, a reputation Velvix has established in the US.”
With a target of achieving placements by the fourth quarter of this year, Velvix is actively preparing to launch its inaugural product catalogue in June 2023.
Meanwhile, Jade Sportsbet, a new sportsbook, was introduced in the Philippines last December by Jade Entertainment and BetConstruct.
The company said the launch of its sportsbook was planned to coincide with the start of the 2022 FIFA World Cup and the new NBA season.
Joe Pisano, Jade Entertainment CEO and Founder, said: “We are thrilled to bring you the all-new Jade Sportsbook, which carries the largest and the most diversified collection of sports betting offers. We are excited about the new platform that our patrons will surely enjoy.”