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Asia is Where it's At

The Asian online casino gambling is turning into somewhat of a holy grail for many internet gambling companies across the world who have looked to the AsianPacific region as the next major expansion region for internet gambling activities. In truth though many highly restrictive Asian governments are no closer to passing permissive internet gambling legislation than they were several years past. There are some positives in that software development companies like CryptoLogic are finding a niche within the online gaming industry – but internet casino gambling is a long way off and internet gambling companies are better suited to looking for strategic partnerships with companies like AsianLogic – the company has interests within both the internet and land poker gambling industry.

Some of the fuss about the Asian online casino gambling industry is a bit on the true side if you take out the internet factor – Asians have embraced land poker gambling wholeheartedly and this sector of the industry is booming. AsianLogic just released the company’s results report for the first half of 2008 and came out way ahead of industry expectations because of the company’s diversified portfolio of interests in the land and online casino gambling industry.

AsianLogic’s acquisition of the Asian Poker Tour brand was most notable for the first half-year results and undoubtedly had a huge impact on the company’s total revenues increasing 208 percent – coming in at $54.9 million verses the $17.8 million from the first half of 2007. AsianLogic has a very strong focus on continuing acquisitions within the land and online casino gambling industry and the winning strategy is anticipated to continue leading AsianLogic into a profit making second half of the year.