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Asia Casino News │ ACN东方博彩新闻

Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

How Big is the Online Casino Industry in Asia?

January 7, 2022 Emerging Markets

Gambling or Online Casino is big business worldwide, and their popularity extends across all of Asia, irrespective of whether it is officially endorsed by the authorities in a given region.

This fact has been further compounded by the rise of online casinos, with the web-based incarnation of this industry attracting huge numbers of players spending vast sums each year.

So just how big is Asia’s online casino market, what aspects are holding it back right now, and what are its prospects for the future?

The problem of prohibition
First and foremost, it’s worth noting that while there are a multitude of super popular Asian casino games and websites that host them, in many parts of this continent it is either implicitly or explicitly illegal to gamble online, let alone run a digital casino business.

Outright bans on gambling are present in places like China, South Korea and Japan. This applies not just to online services, but also to land-based casinos.

There are exceptions, often in the form of state-backed lotteries, like those operated in China, for example. This follows a pattern seen in all corners of the world; gambling remains heavily restricted unless it is controlled and confined to publicly owned organizations.

This creates a tricky issue when it comes to measuring the size of the online casino industry in Asia since while the majority of the continent’s population are theoretically prevented from playing by law, there are lots of ways around this.

https://www.chiangraitimes.com/online-gaming/how-big-is-the-online-casino-industry-in-asia/

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