Gambling is not something new in Asia. There are some Asian nations that fall in the top gambling destinations in the world such as Macau and Singapore.
Resort casinos have also popped up in countries such as Malaysia and the Philippines. But have online casinos also found their way to Asian players?
The quick answer is yes. There are many online casinos that are based in Asian countries, and there are online casinos based elsewhere that are also available for players in Asia. A quick Google search would reveal a number of options such as สมัคร UFABET.
Here are some other things that you should know when it comes to online casinos in this part of the world:
1. Gambling is rooted in a lot of Asian cultures
Brick and mortar casinos can be found in a lot of Asian countries because gambling, while regulated, is considered an accepted practice in a lot of Asian cultures.
Aside from locals, Asian casinos are popular among tourists. Asia is known to be home to great tourist destinations, such as beautiful beaches and land formations. Tourists can enjoy visiting these tourist spots, as well as their grand casinos.
There are some countries though such as South Korea where casinos are only available for foreigners, and not for their own citizens.
2. There are some legal technicalities in online gambling in Asia
The legality of online gambling in Asia is quite complex. There are countries which ban online gambling in its entirety such as in Cambodia, China, and South Korea among others. Some workaround that interested players do in order to is using Virtual Private Networks or VPN. It is always best to know the online gambling law from where you are playing from so that you wouldn’t be risking yourself from being penalized.
3. Asia is considered a huge online casino market
Statista.com estimates that Asia houses almost 1.5 billion online gamers. While there is no clear number as to how much of these play on online casinos, even just a percentage of this figure is roughly 15 million players. And with online casinos offering various games, it’s not hard to attract this profitable market.
4. Asia is also a huge market for mobile devices
GSM association estimates that some 1.2 billion people in Asia Pacific will be connected to the mobile internet in 2020. With seventy percent of online gambling transactions estimated to come from mobile gamblers, the region really is a great market for online casinos.
5. Asian online gambling operators are growing
Online casinos are expanding their operations in Asia, especially in Southeast Asia. For the Philippines for example, the growth of the online gambling industry popularized the concept of offshore gaming in the late 2010’s. Before the pandemic, what they call Philippine offshore gaming operators or POGOs have taken-up millions of square feet of office and commercial spaces to house online casinos as well as their customer support facilities. Even condo and apartment rentals skyrocketed as demand rose as POGOs usually employ Chinese immigrants.
Later on, stricter regulations on the industry caused a considerable fraction of POGOs to relocate to other Asian nations such as Cambodia, Vietnam and Laos.
POGOs have been big in the news for a long time, giving the industry a huge publicity boost.
The Future of Online Gambling in Asia
Currently, the online gambling landscape in Asia is quite muddy but it hasn’t stopped online casinos from growing. Similarly, the growth of Asian players doesn’t seem to be slowing down so the future of online gambling in Asia seems to be bright. Check out the growing number of Asian online casinos, as international gambling platforms today!
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