Your Daily Asia Gaming eBrief: Asian sports betting: a regulator's game

Tuesday 30th of May 2023

Illegal Betting Markets: The Role of China, Indonesia, Malaysia, the Philippines, and Thailand

Good Morning. Sports betting in Asia is a murky and oftentimes nefarious business, with little player safety and no rule book. So the shift towards more controlled markets is positive not only for operators but also for players, points out Entain's APAC director. Meanwhile, in Macau operators are looking to further score points with local authorities by revamping old districts, as part of their ongoing non-gaming pledge to change the city's image.

ASEAN Gaming Summit, asia gaming ebrief, Philippines

What you need to know

Asian sports betting is turning away from the dark side, with many benefits to be seen from regulation, says an expert.
Macau's gaming concessionaires aim to further impress authorities by pledging to help revamp the city's old quarters.

On the radar

Macau hotel room supply increases 10.6% in April, to 43,000.
Search for Cambodia tourism products rose 233% this year.
PH cracking down on illegal bingo activities.

AGB Intelligence

SPORTS BETTING

Regulations are pushing the industry ahead

While black and grey markets have thrived within Asian sports betting, the shift to a more regulated format allows not only positives for operators and watchdogs, but for punters themselves. And the proof of success within regulated markets could push other nations on the fence about allowing legal betting to finally give in.