Examining the Recent Changes in Gambling in the Asia Pacific Region

In the past year, both brick and mortar gaming and online gambling websites have experienced a series of setbacks in terms of expanding the industry. Here is a quick rundown of the changes of gaming industry trends in the Asia Pacific region.

* One of the biggest crackdowns on digital gaming comes from the land down under, better known as Australia. According to iGamingBusiness.com, new legislation is on the table that would effectively ban many online gambling operators such as PokerStars and more.

* A report by TheStreet.com mentions that Macau is losing gambling revenue. TheStreet goes on to say that Macau could rebound in 2017, however locals say that casino foot traffic seems to be on the decline. Will Macau continue to be the gambling mecca of the Far East?

* The new Philippine government, led by President Rodrigo Duterte, briefly shutdown the county’s premier online gaming regulator PAGCOR. The regulator is operational again and they have begun issuing licenses to overseas operators. Residents of the Philippines are not able to gamble online due to local laws.

Examining the Recent Changes in Gambling in the Asia Pacific Region

Was 2016 just a down year for the gaming industry in the Asia Pacific region? Think about the UIGEA of 2006 in the USA and how it impacted online casinos.

Although legislation was in place, people were able to find ways to gamble online. With the recent introduction of Bitcoin casinos, patrons will be able to gamble anonymously and collect their winnings by simply converting BTC to their local currency.

2017 could be the year of the Bitcoin casino.

March 29, 2017 by : Posted in 2017 No Comments

Comments are closed.