Asian online gambling markets are growing fast, especially sports betting on football. Many people prefer playing casino games online instead of going out. That’s more relevant today when people are afraid of getting the coronavirus.
Despite the growing demand for online gambling on the continent, many countries haven’t legalized the industry yet. Those with legal online gambling markets continue to provide revenue to their governments. Here are some of the popular Asian online gambling markets and their current statuses.
China Online Gambling
Although Beijing banned online gambling, many Chinese nationals continue gambling on the internet. They use offshore sites to access online casinos and sports betting platforms. While online gambling is illegal in the mainland, many Chinese companies set up shop in neighboring countries. As a result, the government even reached out to other Asian countries to stop their online gambling operations.
Asian Online Gambling Markets in Hong Kong and Macau
The Hong Kong Jockey Club oversees all gambling activities in the country, including online gambling. With the current political situation of the nation, Pay Per Head bookie providers expect drastic change to its gambling policies.
On the other hand, Macau remains China’s gambling hub. However, online gambling is not part of its ecosystem. Most people do their betting in physical casinos. Also, most Hong Kong residents go over the border to visit casinos in the former Portuguese territory.
Philippine Online Gambling
The Philippine Amusement and Gaming Corporation controls all land-based gambling in the country. Locals can play on PAGCOR-approved websites and locations. The country welcomes offshore sports betting and casino operators. However, they can’t offer their services within the Philippines, according to Bwager sources.
Many operators are asking, “Is being a bookie profitable in the Philippines?” The answer is yes if your target market is not within the country. That’s why many offshore gambling firms are operating from the country.