LONDON- As per information provided by Gaming Club, both ways of gambling- online and offline are on an uphill journey at a fast speed in Asia-Pacific area, which is considered to be the motivating force. It has even surpassed the European market, where attitude of players towards gambling is declining constantly. All markets across the globe and specially those which have business dealings with Europe are facing unforeseen outcomes. There is an alarming fall in the profit returns made through gaming as observed by analysts. Even though Europe has faced a 7.2% fall in profits in 2010, there is no such happening in Asia.
PwC recorded a 49.7% and additional 40% rise in the Asia-Pacific market in 2010 and 2011 respectively. As per calculations made by PwC, Asia-Pacific gaming market will lead the largest market of the world by 3% points and will grab the largest dividend of gaming profit in the world.
Since, online gambling is prohibited in majority of countries in Asia; gambling is stimulated in Asia only through land-based casinos. Philippines are the sole Asian country that got official authorization for online gambling in 2000.
Owing to expanding economies, governments across the globe are on the outlook for the measures to increase tax revenues and to make online gambling legal in their respective countries. Due to its ease of access, online gambling is played freely by all means and can produce the required dollars in the form of tax. In addition to this, rise in the social networks is also helping to enhance online gambling enabling easy play and difficult supervision plus implementation of laws.
Due to supply of large amounts of money into Macau, China’s counterpart of Las Vegas; a large number of casinos are being constructed in the county. It is in return affecting the capital of the area that is being utilized to finance casino constructions.
Asia-Pacific has other area also that runs land-based casino and it is Singapore. Australia, which is located South of China and Singapore, is also getting benefited from a rise in gaming profits. Gaming Club has analyzed that 60% of the total gaming returns have been earned from Online Poker in 2012 in the region. While Europe is facing endless problems in gambling, Asia-Pacific can take reigns of online as well as offline gambling in its hands across the globe without any trouble. Gaming Club is an online casino located in UK and is perhaps the oldest among its counterparts. It is offering first-rate Online Casino amusement to millions of players since the last sixteen years.
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