Asia is the home to what has come to be recognized as the world’s most favorable jurisdictions for licensing and regulation of iGaming – the Philippines. Seated in the heart of the iGaming industry’s fastest growing market, Asia, means that it’s at the forefront of the globe’s online gambling industry. Investment in high-speed internet and state of the art infrastructure shows how serious they are about the industry. It’s attracting many of the world’s best gambling companies come here to do business.
There is nothing happening in Macau as neither the government nor the operators have shown any interest. Hong Kong has a strong stand against Internet gambling. Malaysia makes no mention of Internet gambling in their legal code but they make no effort hinder or encourage the practice. As we’re well aware, the Philippines is the only country in the region that has a regulatory body and China outlaws gambling and the promotion of such activities.
“I think what will happen is that a couple of the main countries are going to take the lead into it. I really hope that China will take a lead into it,” Brenninkmeijer said. “I hope that the Asian government will take measure in order to come out with a proper environment.”