Velvix, a renowned slot machine manufacturer, has joined forces with Jade Gaming, a leading provider, to extend its operations into the thriving Asian market. This strategic partnership aims to target the Philippines and Vietnam, two countries that have showcased remarkable growth in the gaming industry. With a wide range of Class III slot machine games available, including linked progressive and standalone options, Velvix aims to replicate the success it achieved in North America.
Velvix’s Expansion into the Asian Market:
Velvix, having achieved significant success in North America, views venturing into Asia as a natural progression. The Asian Pacific region has consistently exceeded expectations, displaying impressive growth rates in recent quarters. By launching in the Philippines and Vietnam, Velvix seeks to capitalize on the resurgence of Asian gaming. The company’s Vice President, Amy Jiang, expresses confidence in the partnership with Jade Gaming and highlights their commitment to exceptional customer service, a quality that has garnered Velvix a strong reputation in the US.
Product Selection and Launch Strategy:
Velvix is actively preparing for its Asian debut, with plans to launch its inaugural product catalog in June 2023. The company offers a diverse range of Class III slot machine games, including both linked progressive and standalone options. By catering to different preferences and gaming experiences, Velvix aims to appeal to a broad audience. With a target of achieving placements in the market by the fourth quarter of the year, the company is determined to make a significant impact.
Jade Gaming’s Role as a Trusted Partner:
Jade Gaming, a renowned provider in the gaming industry, plays a pivotal role in Velvix’s expansion strategy. Leveraging their expertise and extensive network, Jade Gaming will facilitate Velvix’s entry into the Asian market. The partnership aims to provide unparalleled customer service, ensuring a seamless experience for clients. Velvix’s selection of Jade Gaming as a trusted partner demonstrates their confidence in their capabilities and reinforces the reputation Jade Gaming has built in the industry.
The Success of Jade Sportsbet in the Philippines:
In addition to the partnership with Velvix, Jade Entertainment, in collaboration with BetConstruct, introduced Jade Sportsbet to the Philippines in December. This new sportsbook was strategically launched alongside the 2022 FIFA World Cup and the commencement of the new NBA season. With a diverse range of sports betting offers, Jade Sportsbet aims to provide an engaging platform for patrons to enjoy. The CEO and Founder of Jade Entertainment, Joe Pisano, expresses excitement about the new platform and the unparalleled collection of sports betting opportunities it offers.
Velvix’s collaboration with Jade Gaming marks an important milestone as they expand their operations into the Asian market, with a specific focus on the Philippines and Vietnam. The company’s extensive product selection, coupled with Jade Gaming’s expertise, positions Velvix for success in the region. With the launch of Jade Sportsbet in the Philippines, Jade Entertainment continues to diversify its offerings and cater to the evolving demands of the gaming industry. As Velvix prepares to unveil its product catalog in June 2023, the company remains poised to make a significant impact in the Asian gaming market, building upon its established reputation and commitment to customer satisfaction.