The well-known gaming business Velvix, which has had substantial growth in the US market, is now focusing on the Asian sector. Velvix has partnered with Jade Gaming, a recognized business with headquarters in the Philippines, in an effort to increase its footprint in the area. With a focus on Vietnam in addition to the Philippines, this partnership represents a significant turning point in Velvix’s Asian expansion strategy. With a first product catalogue scheduled to debut in June, Velvix hopes to create a significant impression in these countries and maintain its current rate of worldwide expansion.
Velvix’s Willingness to Leave an Asian Trace
Velvix considers the Philippines and Vietnam to be essential elements of its Asian expansion strategy due to their strategic relevance. Velvix is optimistic that, building on the business’s success in North America, its tried-and-true business tactics can be successfully implemented in the Asian market. Amy Jiang, vice president of Velvix, expressed hope for the future of the business and emphasized the importance of the alliance with Jade Gaming in developing a strong product portfolio in these countries and reaching new consumers.
Funding Research and Innovation
By opening a specialized research and development office in Sydney, Australia, Velvix has demonstrated its dedication to the advancement of its product line. The company invests in Class III slot machine games with both linked progressive and solo game options as part of its focus on developing a wide variety of gaming goods. Velvix wants to provide players all over the world exciting and cutting-edge gaming experiences by continuing to be at the forefront of innovation.
Quick Growth and Industry Acceptance
Velvix, a young gaming company, is rapidly growing its footprint in a number of jurisdictions. The business most recently went to the IGA 2023 trade show in San Diego, California, where it actively looked for new business possibilities and researched market trends. As part of its ongoing gaming portfolio expansion, Velvix has added cutting-edge items including a slot machine with a Keno theme earlier this year. The company’s certifications from BMM and other international agencies, which guarantee that its goods meet the highest industry standards, further illustrate its dedication to quality and regulatory compliance.
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