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One of the UK's leading casino operators is set on expanding its business - in Asia. A deal reached between 888 and Chinese company Entertasia sets the wheels in motion.
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Cryptologic who work in the online gaming market have made a $6.1 million investment in Mikoishi Studios.
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While casinos do establish a hold in Macau, the online version of gambling has still not entered the greater Asian market as of today. Maybe soon.
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The Asian poker Classic tournament was a highly successful event this year at Goa, India, with massive pot prizes and high strung competition between pros and beginners alike. Organizers are proudly confirming the event's return for March next year, that is already boasting bigger cash prizes, more celebrities, and world class poker playing.
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Asia here we come! Affiliate companies here is a great chance to make considerable profits! Such slogans can be heard around the world these days, as the new year has dawned, American authorities decided to persecute sites and the world proved to be much, much more welcoming.
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Over half of the world's population lives in Asia. Rich Japan and Singapore, gigantic China and India, and the East Asian Tigers comprise to make one of the strongest economies with the brightest future in the world. The gambling world did not miss out on this fact.
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India's film industry, based in Mumbai is a successful economic model for an industry that caters one culture. It helps when the country is the home of a billion people and is one of the world's fastest emerging markets.
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The People's Republic of China, known for strongly opposing online gambling, is thought to reconsider the issue of legalizing the business. Tony Tong, CEO of Pacific Net which sells Baccarat machines, claims that the Chinese government is looking at licensing it to establishing themselves in Macau, already a casino capital, now expanding to the online industry as well.
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During the Asian Casinos Executive Summit, which to place this week, the Singapore News Today commented that Singapore will hopefully become a hub for the region's industry, with two major land-based casinos in the works, and the possibility of the country issuing gaming licenses to online operations as well.
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The new service enables gamblers in Asia to withdraw and transfer funds via the internet to any merchant website, including gambling sites, and to and from other Neteller customers.
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