The future of the industry

The basic scenario for Laos is evolution without drastic liberalizations.

Casinos will continue to develop in special economic zones and border clusters, focusing on foreign guests, the VIP segment and partnerships with tour operators.

The state lottery will move to a more "digital" model (eKYC, QR/e-wallet, limits and self-control), which will strengthen reporting and social acceptability.

The regulator's priority is compliance: KYC/AML, cash flow control, responsible play standards and transparent reporting by SEZ operators.

Online casinos, as before, are considered as an illegal segment; we expect the preservation of locks and payment filters.

Growth factors: restoration of tourist flow, transport corridors in the region, local content and stable service.

Risks: LAK volatility, capital intensity of projects and competition of neighboring jurisdictions.

The vector is moderate but steady growth due to tourism, digital payments and process standardization.