The Playing Field: Asia
The international online casino gambling industry has taken developments and
turns over the past five years that industry experts could have never imagined.
Analysts five years ago were incredibly focused on the potential growth within
the Asian market – because of the size of the Asian market online casinos were
incredibly eager to move their business to these markets and build a foundation
and branding within Asia that could potentially lead to internet gambling
relationships down the line if any of the Asian governments choose to legalize
internet gambling. Most major software development companies and internet
gambling groups began looking to the East for new partners and strategic
relationships in the hopes that by 2010 there would be new markets emerging and
offering up revenue potential.
The predictions for the Asian market have actually mostly remained unfounded,
surprisingly. There are certainly a handful of major online casino gambling
groups that have successfully laid a foundation within the market and are
offering forms of skill and fun gaming, but the actual chance gambling (which is
where the real revenue potential lies) is still mostly dormant throughout Asia.
Most notably these days is the fact that China is so anti-online casinos that
the country is even planning to install major filters and censors on computers
in the country to maintain control over the internet and to ensure that internet
betting and gambling is not easily taking place.
China has additionally resorted to deep level investigations in attempts to stop
illegal online casino gambling and betting, an activity that is also prevalent
in South East Asia as well as China. Asia has yet to fully embrace the potential
of internet gambling as well as the inevitability of the market and that is a
big contradiction to how analysts predicted the market will develop five years
ago. |