iGaming is a growing industry across the world, and Asia is no exception. In this article, we will discuss the current trends, predictions, and statistics surrounding iGaming in Asia, as well as recommended licenses such as the State of Anjouan, Kahnawake, and Isle of Man.
One of the biggest trends in iGaming in Asia is the growth of mobile gaming. With the widespread availability of smartphones and tablets, players can now access their favorite games from anywhere at any time. This has led to an increase in the number of mobile casino platforms being launched and a rise in the popularity of mobile-only casinos.
Another trend is the increasing popularity of live dealer games. These games allow players to experience the thrill of a real casino from the comfort of their own home. They are particularly popular in Asia, where many players prefer the social interaction and human element of live dealers.
Finally, we are seeing a growing interest in eSports betting in Asia. eSports refers to competitive video gaming, and it has become a huge industry in recent years, particularly in Asia. As a result, more and more online sportsbooks are offering eSports betting options, and this trend is expected to continue.
The future of iGaming in Asia looks bright. With the continued growth of mobile gaming and the increasing popularity of live dealer games, we can expect to see more innovative and immersive gaming experiences being developed.
In addition, we are likely to see more countries in Asia legalizing and regulating online gambling. Currently, only a few countries such as the Philippines and Cambodia allow online gambling, but this is expected to change in the coming years.
Finally, as more and more players become interested in eSports betting, we can expect to see this sector of the industry grow exponentially. In fact, some experts predict that eSports betting could become one of the largest segments of the iGaming industry.
What the figures say
The iGaming industry in Asia is already worth billions of dollars, and it is expected to continue growing at a rapid pace. Here are some key statistics to keep in mind:
- The Asia-Pacific region is the largest market for online gambling, accounting for around 32% of the global market.
- The online gambling market in Asia is expected to reach $49.2 billion by 2020.
- China is the largest market for online gambling in Asia, accounting for around 50% of the market.
- Macau is the largest gambling market in Asia, with revenues of around $28 billion in 2018.
If you are looking to enter the iGaming industry in Asia, it is important to obtain the proper licenses. Here are three recommended licenses:
- Anjouan Gaming License
The #1 most recommended license today is surprisingly a newcomer with big aspirations. Anjouan is a little known online gaming jurisdiction in Africa with legislation dating back to 2005. It offers a comprehensive regulatory framework that is designed to protect players and ensure fair play. Anjouan licenses are recognized by many of the world’s leading iGaming operators, and they offer a range of benefits such as low startup costs, tax-friendly regulations, and a fast and efficient licensing process.
- Kahnawake Gaming Commission
The Kahnawake Gaming Commission is located in Canada, but it is authorized to issue licenses to online gaming companies worldwide. It offers a rigorous regulatory framework that is designed to protect players and ensure ethical and transparent operations. Kahnawake licenses are recognized by many major iGaming operators and are considered one of the most prestigious licenses in the industry.
- Isle of Man Gambling Supervision Commission
The Isle of Man is a small island nation located in the Irish Sea. It is known for its comprehensive regulatory framework for online gaming, which offers a wide range of protections for players and operators alike. The Isle of Man Gambling Supervision Commission is responsible for licensing and regulating all online gambling activities on the island, and its licenses are recognized as some of the most respected in the industry.
The last word
iGaming in Asia is a rapidly growing industry, and it offers a wealth of opportunities for both players and operators. If you are considering entering this exciting and lucrative field, be sure to stay up-to-date on the latest trends, predictions, and statistics. And remember to obtain the proper licenses, such as those offered by the State of Anjouan, Kahnawake, and Isle of Man, to ensure that your operations are legal and regulated.
Fast Offshore has been operating in the iGaming sector for more than 25 years and has experience in all key licensing jurisdictions. Our team are on hand to tailor make the perfect package for you, or provide you with an off-the-shelf option for your convenience. We provide company incorporation, licensing, payments assistance, corporate structuring, compliance and ongoing maintenance services at a fair price and with total dedication and professionalism. Contact our team today!