Let’s say you want to stay on the right side of the law when opening an online casino or sportsbook or want to know the ins and outs of a particular jurisdiction in Asia. In that case, you definitely should ask for a piece of advice from experts. This iGaming market attracts operators with untapped potential, but the region is not easy to enter. To know what to ask, read a new overview of the business opportunities of Macau, Hong Kong, the Philippines, and other Asian regions.
Asia is always a topic of interest for international gambling operators — a region with many developed economies and home to 60% of the world population. Add to this a lightning-fast rate of digital technologies adoption, and you get a continent full of opportunities.
Strict regulations and conservative governments make it a challenging landscape for operators to navigate. However, it would be a mistake to write Asia off. There seems to be a trend towards gradual legalization. Many countries where gambling has long been prohibited have witnessed the rise of black markets run by gambling syndicates, which offer no player protection or transparency. To combat this phenomenon — and monetize locals’ newfound entertainment habits — some countries are changing their approach, slowly opening the door to gambling legalization starting from brick-and-mortar operations as it happened in Vietnam.
Some regions are definitely exciting in the matter of operating but complicated to figure out. For example, fulfilled Indian market which is in the hands of individual states. Japan and Cambodia assume integrated resorts as the only way of making gambling happen.
No doubt there are countries with no chance to enter, like China or Taiwan, allowing only state-run lotteries. But other Asian countries are welcome to see the new iGaming market actors. Read on for an overview of key Asian gambling markets researched by Slotegrator.