Velvix enters Manila's gambling paradise with 16 slot machines

Gaming equipment supplier Velvix Corporation is expanding its presence in the Asian market. The company signed an agreement with LaVie Resort and Casino Manila in the Philippines. This strategic partnership paves the way for Velvix into the country's regulated gambling sector, a key growth market in Asia. The rollout begins with the installation of 16 electronic gaming machines.

The collaboration aims to establish a long-term foundation. Velvix contributes its high-performance hardware and game development. LaVie provides its established operational presence in the competitive Asian market. The goal is to increase traffic on the casino floor.

Numbers and facts

In the first phase of the agreement, 16 CurlX electronic gaming machines will be installed at LaVie Resort and Casino Manila. These machines feature custom jackpot configurations and signage designed to attract players. Velvix offers a comprehensive service package. This includes international logistics, the implementation of its proprietary backend system, on-site staff training, detailed user manuals, and continuous technical support.

Stanley Ku, CEO of Velvix Corporation, expressed strong optimism about market dynamics in the Philippines:

“The Philippines is an exciting and important market for Velvix, and this agreement with LaVie Resort and Casino Manila represents a meaningful opportunity for us to introduce our CurlX platform, game content and support capabilities to local players and operators. We look forward to working closely with the LaVie team and supporting a successful deployment.” - Stanley Ku, CEO of Velvix Corporation

Stephen Tham, VP of Slots Operations at LaVie Resort & Casino Manila, highlighted how the new hardware aligns with the resort's strict operational benchmarks. He emphasized the expectations for the collaboration and Velvix's ability to compete in a demanding environment. Velvix's slot machines have demonstrated compelling performance. This aligns with operational requirements.

Background

The Philippines are considered an important and growing market for gambling. Velvix's expansion there is part of a broader strategy to establish a permanent and profitable presence in major Asian gaming hubs. The focus is on combining innovative hardware and comprehensive service to offer an enhanced experience to local operators and players. Companies like Velvix are B2B providers, supplying services and products to other businesses, in this case casinos. They operate behind the scenes but are crucial for the smooth operation of gambling establishments.

Why it matters for German players

The recent expansion of Velvix into the Philippine market has no direct impact on German players. In Germany, strict rules for online gambling have been in effect since the 2021 State Treaty on Gambling (GlüStV 2021). Only online casinos listed on the so-called GGL whitelist of the Joint Gambling Authority of the Federal States (GGL) are allowed to legally offer their services. This licensing comes with strict requirements, such as a monthly deposit limit of 1,000 euros and a stake limit of 1 euro per spin on slot machines. Furthermore, players are connected to the central monitoring system LUGAS, which among other things controls the cross-provider deposit limit and manages player exclusions. German online casinos with a GGL license place great emphasis on player protection and transparent gaming conditions. While the Philippines is a casino location where Velvix Corporation's games can be found, these products are not relevant in Germany. Here, completely different software providers with appropriate licenses are active.

What it means for GGL-licensed casinos

For online casinos with a GGL license, the focus remains on compliance with German regulations. Collaborations such as that between Velvix and LaVie Resort and Casino Manila show the dynamics of the international gambling market, but the framework conditions in Germany are unique. GGL casinos must adhere to the requirements of the GlüStV 2021, which are tailored to German jurisprudence. This includes, among other things, the use of software specifically approved for the German market and the implementation of player protection measures that may not exist in the same form in other jurisdictions, such as the Philippines. Therefore, Velvix hardware will not be introduced into German online arcades.