The inaugural Asia Gaming Summit – Taiwan commenced today in the rainy and gloomy Taipei City. The three-day conference gathered an estimate of over 200 local and international delegates on its first day at the W Taipei hotel to evaluate, among other things, the current status and potential of the East Asian country becoming the next gambling hub in Asia.
Opened by Chairman Mooze Lee, Wisbet Secretary General, conference Day 1 kicked off with a session excellently moderated by Harmen Brenninkmeijer, Dynamic Partners Managing Partner. The panel graced by Frank Schuengel of Cryptocurrency Operator and Basilio Rodriguez of the North Cagayan Gaming assessed new opportunities in the global and regional licensing regimes.
Moderator Brenninkmeijer fired up questions about the occasionally erratic stance by the Philippine government toward online gaming to Basilio who explained how the online gaming scene in the country has been unstable for the last year due to the changes. In an interview with CalvinAyre.com, Basilio pointed out the important role of regulators is to find the right balance in gaining revenues for the government, and protecting players and businesses from fraud. Meanwhile, Scheungel touched on the growing interest of the gaming industry in cryptocurrencies such as Bitcoin and Bitcoin Cash. He shared how cryptos can be of help in making payment system easier for the industry and its players.
Day 1 keynote session looked at the current state of Taiwan’s One Billion US dollar gaming market. Presented by Calvin Shueh, an Asia Gaming expert, the session described the reasons why Taiwan is on to something bigger. He said that Taiwan is reimagining itself on the world stage and already becoming well-known not only in its thriving poker scene and the growing eSports business. He took pride on the amazing talent Taiwan has to offer in engineering, sales, and marketing which investors should look into.
Calvin Yang, Join Law Managing Partner, shared a peek of Taiwan’s gaming legal landscape. Yang presents a beginner’s guide for operators and suppliers on how to navigate and understand this developing industry.
The conference similarly brought other territories into spotlight such Vietnam’s recent betting update – the Sports betting Circular which grants 5-year trial on betting on international football matches, greyhound and horse racing presented by Augustin Vihn.
The first ever Asia Gaming Summit also delivers sessions in strategic partnerships, affiliates, cybersecurity, big data and tech within the Asian region. The event will return tomorrow and the next day to cover marketing innovations and strategies for both land-based and online gaming.