Online Gambling in Asia
As the online gambling market is experiencing a consistent growth with the mergence of new technologies and the increased accessibility of the Internet, it’s time to take a closer look at the fastest growing iGaming market – Asia.
Though it is very popular in China, online gambling is mostly illegal and those who bet prefer internationally licensed websites for the large variety of sports games, in-play betting options and live casino games. For land-based casino games, most big players in China prefer to travel for one day or two to Macau, where most gambling activities, land-based and online, are allowed.
Gambling in Taiwan is regulated by strict laws and you can bet on the Taiwan Sports Lottery, the only source for legally betting sports in the country. Since odds are not great, bettors prefer online gambling websites that offer Mahjong, baccarat, slots, Chinese chess, sports, casino and in-play gaming, and much better odds.
Macau is a Special Administrative Region with a different government and laws. It is officially part of China, but it has its own capitalist economy and political system. In Macau, land-based casinos, sports betting, and poker are allowed. It doesn’t address, license, or even acknowledge online gambling. For online casino operators, Macau does not license online gaming operations.
Online casinos in the Philippines are considered to be safe for players, especially since the state-owned Philippine Amusement and Gaming Corporation (PAGCOR) itself owns and operates some online casinos. All Philippines casinos bearing the PAGCOR or the Cagayan license are safe to use, since that means that the casino has been verified and it operates within the law.
India’s online gambling market consistent increase in the past years is mainly due to the growth of the middle class and the spread of Internet access across the country. At this moment, cricket is the most bet on sport in India and most punters choose regional websites that provide easy payment options.