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Pursuing Asian Investments

The Asian land and online casino gambling industry are consistently mentioned as the new frontier for gambling companies – but investment companies and the major gambling brands are less certain that the Asian-Pacific region is opening any time soon. There are certainly areas that are very receptive to land gambling opportunities – Macau for example rivals Las Vegas in land gambling revenue. But many other regions in Asia have either ambiguous land and online casino gambling regulations or an outright ban. The current state of the Asian gambling industry is at the forefront of the upcoming Asian Gambling Briefing conference taking place in October.

As the Asian land and online casino gambling industries come at the forefront of discussions, the fall conference expects record numbers of industry veterans to attend the conference briefing. Specifically up for discussion are the many assertions that the Asian land gambling industry could bring in $37.2 billion annually in just five short years – this would mean more than doubling the regions gambling revenue over current levels and is wholly contingent on the planned opening of the various major Asian gambling markets. And though reputable companies like PricewaterhouseCoopers have asserted the industry growth participants at the conference will debate the likelihood of more open land and online casino gambling regulations in the coming years.

As it stands though, Macau, Thailand, and Singapore, are the target areas for expansion and Macau is already on the path toward higher revenues – the island is welcoming even more land casinos and resorts as a way to build gambling traffic onto the island. The only form of gambling that is still most definitely banned across Asia is the online casino gambling industry. Regions are support internet gaming at this point but internet gambling is still a ways on the horizon.