Inside Asian Gaming

October 2008 | INSIDE ASIAN GAMING 7 Cover Story E vents are moving very fast in the global economic crisis. In those circumstances, predictions on prospects for the Asian gaming industry issued only weeks or even days ago can start to look like very old news indeed. The height of a crisis may not seem the most auspicious time to be talking about gaming infrastructure investment in an emerging market such as Cambodia, or indeed gaming investment full stop. The reality is, however, that despite the roller coaster ride experienced in the financial markets from New York to London, and from Hong Kong to Shanghai and beyond, life goes on. As all market players know, financial dips actually tend to offer rare opportunities to buy assets at rock bottom prices. Bargains galore This may be particularly appealing if the assets are in a dollarised economy such as Cambodia, and the purchaser is from an Shelter from the Storm Cambodia’s gaming market has great investor potential—provided corporate governance continues to improve “Let us rise up and be thankful, for if we didn’t learn a lot today, at least we learned a little, and if we didn’t learn a little, at least we didn’t get sick, and if we got sick, at least we didn’t die; so, let us all be thankful.” Lord Buddha