Daily Asia Gaming eBrief: Taiwan sports betting market with sizeable growth potential

Good Morning. Although limited by its current legal framework, Taiwan's sports betting market could see impressive growth in the coming years. According to law firm Lin & Partners, the segment could potentially double its revenue, despite being run under a monopoly. Meanwhile, a Chinese court has labeled the former head of Imperial Pacific International, Ji Xiabo, the leader of a criminal syndicate. And in the Philippines, courts have finally ended the saga between Kazuo Okada and Okada Manila.

What you need to know

• The Taiwan sports betting market has considerable growth potential, with its generated revenue “possibly doubling” in the next years, Taiwanese legal experts told Asia Gaming Brief
• The Chinese court identified Ji Xiaobo, boss of Saipan-based Imperial Pacific International (IPI), as a mafia kingpin.
• Philippine court deems Kazuo Okada not a majority shareholder, ending saga over ownership rights and its forced takeover last year

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