The Asia-Pacific region offers many opportunities and strong potential for the gambling industry. Macau is the leading gambling hub in APAC region. In 2009, Asian casinos grew by 3.41% and showed growth in the first half of 2010 (2.88%) as compared to the same period last year.
In China, sports lottery accounted for 41.88% of the total lottery market while welfare lottery contributed 58.12%.
In the past few years, Asian gaming markets have shown a rapid growth, which has traditional gaming sector investors from the US and UK looking for companies to support in the Asia-Pacific region. Of the Asian markets, Macau stands on top. This market will grow further, led by increasing global recognition, establishment of new casinos and growing economy of the country.
To give you an idea, the gaming revenue of Macau currently stands at $30 billion this year. With the addition of a casino by Las Vegas Sands in Singapore, the Asian market is really heating up. These Asian gambling epicenters have only just begun their growth.
Gambling traffic is high in both Singapore and Macau, no matter what time of year or day of the week you check in. In particular, the Marina Bay Sands resort in Singapore, under the aegis of Las Vegas Sands, has seen a huge boom in business this year over last.
Asian nations constitute the majority of the online gambling market, the development of new gambling technologies such as mobile gambling with create continued massive growth. Gaming analysts at Christiansen Capital Advisors reports the Asian markets made up 40 percent of the total online gambling market in 2009. Their growth has far outpaced faster than all other established markets. Most casino software developers now include Asian Language support and those that don’t are in danger of missing the boom completely.
The pace of online gambling growth in Asia won’t slow down any time soon, and it is a place worth keeping your eyes on for great things to come.
