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The Future of Asian Gambling Market

Asia is a region of many contradictions. Indeed, the countries in the region have the most stringent policies on gambling; however, its population is quickly becoming the biggest driver of the casino market growth. One may wonder what awaits the Asian gambling industry in 2022 and beyond. Considering the recent developments, people can expect two possibilities. States and governments could enhance law enforcement and regulation to crack down on land-based and online casinos, upholding government stance against all forms of gambling. Another possibility is that the governments would finally recognize the value of the casino industry, expand the legal forms of gambling, and implement policies on player protection. It is impossible to say for sure what would happen in every country. After all, traditional and religious beliefs, which are not very welcoming to the legalization of gambling, still influence state and government policies in many Asian countries. On the other hand, some national leaders, who are more pragmatic, express a noticeable shift in attitude towards the casino industry. Continue reading